Central Development Holdings Limited — Board/Management Information 2014

Jun 27, 2014

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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CHINA RESOURCES AND TRANSPORTATION GROUP LIMITED 中國資源交通集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 269)

APPOINTMENT OF DIRECTOR

The board of directors (the “ Board ”) of the Company announces the appointment of Mr. Suo Suo Stephen (“ Mr. Suo ”) as a non-executive director of the Company with effect from 2 July 2014.

The Board is pleased to announce the appointment of Mr. Suo as a non-executive director of the Company with effect from 2 July 2014.

Mr. Suo, aged 42, is a Chartered Financial Analyst and is an asset manager with over 18 years’ experience in banking, private equity and asset management sectors. Mr. Suo has been appointed as the Chief Executive Officer of Strait Capital Management Limited since May 2014. Mr. Suo received his Master in Business Administration from University of Rochester in the United States in March 2000. During the period from June 2011 to 2014, he was the Asia Head and Executive Director of EIG Global Energy Partners (“ EIG ”), a global private equity fund. Before joining EIG, Mr. Suo was a portfolio manager of Trust Company of the West from 2005 to 2011. From late 1999 to 2005, Mr. Suo worked for Fortis Capital Corp. in the United States and had served as Group Head of its United States Leveraged Finance team.

Pursuant to the service agreement entered into between Mr. Suo and the Company, Mr. Suo was appointed for a term of 2 years starting from 2 July 2014 with director’s fee of HK$10,000 per month which will be paid in proportion to the actual length of services to be provided by Mr. Suo to the Company. The director’s fee of Mr. Suo was determined by reference to his duties and responsibilities, experience, performance and prevailing market conditions.

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The appointment of Mr. Suo is subject to retirement and re-election at the next general meeting of the Company and he shall also retire from office by rotation at least once every three years in accordance with the Articles of Association of the Company.

Mr. Suo does not have any interests in the securities of the Company within the meaning of Part XV of the Securities and Futures Ordinance. Save as disclosed above, Mr. Suo has not held any position in other companies listed on The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) or The Growth Enterprise Market of the Stock Exchange or any other securities market in the last three years and other major appointments or professional qualifications.

Save as disclosed, Mr. Suo does not hold any other position with the Company or other members of the Group nor has he had any relationship with any other directors, senior management or substantial or controlling shareholders of the Company or any of their associates (as defined in the Rules Governing the Listing of Securities on the Stock Exchange (the “ Listing Rules ”)).

Save as disclosed above, there is no other information in relation to the appointment of Mr. Suo that needs to be disclosed pursuant to Rule 13.51(2) of the Listing Rules, and there is no other matter that needs to be brought to the attention of the shareholders of the Company.

The Company would like to take this opportunity to welcome Mr. Suo to the Board.

By order of the Board

China Resources and Transportation Group Limited Cao Zhong Chairman

Hong Kong, 27 June 2014

As at the date of this announcement, the Board comprises five executive Directors, namely Messrs Cao Zhong, Fung Tsun Pong, Duan Jingquan, Tsang Kam Ching, David and Gao Zhiping; and three independent non-executive Directors, namely Messrs Yip Tak On, Jing Baoli and Bao Liang Ming.

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