Keppel Corporation Limited (the Company or Keppel) is pleased to announce the appointment of Ms Veronica Eng as Independent Director on the Company's Board with effect from 1 July 2015.

Ms Eng, 61, is a Founding Partner of Permira. Permira is an international private equity firm and an adviser to funds with committed capital of €25 billion investing across five sectors, namely Consumer, Financial Services, Healthcare, Industrials and Technology.

Over her 30-year career with Permira, Ms Eng has held a number of key positions in the firm and has extensive experience in a wide range of roles in relation to its funds' investments across sectors and geographies. She has served on the board of Permira and its Executive Committee, chaired the Investment Committee and was the Fund Minder to various Permira funds. In addition, she also had oversight of Permira's firm-wide risk management as well as its operations in Asia.

Dr Lee Boon Yang, Chairman, Keppel Corporation, said, "We welcome Veronica to the Board. She comes to Keppel with extensive and in-depth knowledge and experience in capital management, investment, value creation and risk management. She will be able to contribute to the Board's effort to guide Management to achieve better performance for the Group."

Ms Eng sits on the Board of the Centre for Asset Management Research & Investments at NUS Business School, and the Advisory Board of Asia Private Equity Institute at Singapore Management University. She is also a Professor (Practice) at the NUS Business School.

Ms Eng graduated with Honours (1st) from the University of Singapore, with a Bachelor's Degree in Business Administration. She joined Singapore International Merchant Bank in 1974, which subsequently became part of Schroders plc.

With Ms Eng's appointment, the Keppel Board now comprises 10 directors, of whom eight are independent.


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For more information, please contact:

Ivana Chua (Ms)
Senior Manager, Investor Relations
Group Corporate Communications
Keppel Corporation Limited
DID: (65) 6413 6436
Email: ivana.chua@kepcorp.com

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