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.

THE HONGKONG AND SHANGHAI HOTELS, LIMITED

(Incorporated in Hong Kong with limited liability)

(Stock Code: 00045)

Resignation of Director

The Board of Directors (the "Board") of The Hongkong and Shanghai Hotels, Limited (the "Company") announces the resignation of Mr Ronald James McAulay as a Non-Executive Director of the Company with effect from the conclusion of the Annual General Meeting held on 8 May 2017.

Mr McAulay has been a Non-Executive Director of the Company since 1972. After having served on the Company's Board for over 45 years, Mr McAulay has decided to step down from the Board and retire. In recognition of his past contribution to the Company, the Board has conferred on Mr McAulay the title of Honorary Life President. Following his resignation, he will not have any official responsibilities within the Company.

Mr McAulay has confirmed that he has no disagreement with the Board and is not aware of any matter in relation to his resignation that needs to be brought to the attention of shareholders of the Company.

The Board would like to express its sincere gratitude to Mr McAulay for his service to the Board, the Company and its shareholders during his time on the Board.

By order of the Board Christobelle Liao Company Secretary

Hong Kong, 8 May 2017

As at the publication of this announcement, the Board of Directors of the Company comprises the following Directors:

Non-Executive Chairman

The Hon. Sir Michael Kadoorie

Non-Executive Deputy Chairman

Non-Executive Directors

Andrew Clifford Winawer Brandler

Ronald James McAulay

William Elkin Mocatta

Executive Directors

Managing Director and Chief Executive Officer

Clement King Man Kwok

Chief Operating Officer

Peter Camille Borer

John Andrew Harry Leigh

Nicholas Timothy James Colfer

Independent Non-Executive Directors

Dr the Hon. Sir David Kwok Po Li

Patrick Blackwell Paul

Pierre Roger Boppe

Dr William Kwok Lun Fung

Chief Financial Officer

Matthew James Lawson

Dr Rosanna Yick Ming Wong

Dr Kim Lesley Winser

The Hongkong and Shanghai Hotels Ltd. published this content on 08 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 08 May 2017 04:39:13 UTC.

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