PBD Developments Limited Announces Executive Changes, Effective 28 May 2014

Tian An Australia Limited is an Australia-based property developer. The principal activity of the Company is the development and sale of residential land and built-form products. The Company has interests in developments on the east coast of Australia and developments in the Mandurah/Peel Region of Western Australia. It is engaged in the development of residential, commercial and tourism projects across the country. The Company’s projects include Point Grey and Peel Water, Point Grey; Lot 370, Port Bouvard, Dawesville; The Henley, Enfield, NSW; Cascade Gardens, Pymble, NSW; Auburn Square, Auburn, NSW; The Peninsula, Hope Island, QLD; Hammond Greens, Chatswood, NSW; and Hammond Place, Chatswood, NSW, among others. The Company’s subsidiaries include CP Development Pty Limited, Wannunup Development Nominees Pty Limited, Point Grey Development Company Pty Limited, Tian An Real Estate Pty Limited, Peel Water Pty Limited, Tian An Funds Management Limited, and others.