The board of directors of New Century Asset Management Limited (REIT Manager), as the manager of New Century Real Estate Investment Trust (New Century REIT) announced that Mr. Hong Kam Kit Eddie has tendered resignation as an investment and investor relations manager of New Century REIT to pursue his other career interests. Mr. Hong's resignation will take effect from 23 July 2015 and on that date, he will also cease to be a responsible officer and a member of the Finance and Investment Committee of the REIT Manager.