Dr. Raymond K. F. Ch'ien Tenders Resignation as an Independent Non-Executive Director of The Wharf Limited, Effective January 1, 2016

The Wharf Holdings Limited is a holding company organized around 5 areas of activity: - real estate assets development (53.4% of net sales); - real estate management (20.8%): rental of offices and commercial buildings, apartments and hotel residences located primarily in Hong Kong; - logistics services (12.2%); - hotels operating (1.9%); - other (11.7%). Net sales break down geographically as follows: Hong Kong (17.2%), China (82%) and Singapore (0.8%).