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17 December 2003

Hong Kong Securities Institute
Appoints New Directors and
Re-elects Mr Alec Tsui as Chairman

The Sixth AGM of the Hong Kong Securities Institute was held on 17 December 2003. During the meeting, eight directors were appoint. Followed by the AGM, Mr Alec Tsui was re-elected at the Board Meeting as Chairman of the Institute.

The following five HKSI members were also elected as Directors of the Board:
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Mr Bob Bunker : Director, Bentley Reid & Co (Pacific) Ltd
Prof KC Chan : Dean of Business and Management and Professor of Finance
Hong Kong University of Science and Technology
Mr Lawrence Kwong Man Fok : Deputy Chief Operating Officer
Hong Kong Exchanges and Clearing Limited
Mr Edward Pak Chung Kwan : Chief Executive Officer
HSBC Broking Services (Asia) Limited
Mr Dannis Jor Hung Lee : Chairman
DL Brokerage Limited

In addition, three additional directors appointed by the Securities and Futures Commission are:
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Mr Gerald D Greiner : Senior Director of Supervision of Markets
Securities and Futures Commission
Mr Brian YT Ho : Senior Director of Corporate Finance
Securities and Futures Commission
Mr Paul D Hedges : Global Head, Securities Services
Sales & Relationship Management
Wholesale Banking
Standard Chartered Bank

The following seven members remain on the Board:

Mr Alec YW Tsui

Mr King KL Au
Mr Lennon WL Chan
Ms Cynthia KL Lam
Mr David YT Lui
Mr Ricky SH Tam
Mr Gary WK Cheung (Chief Executive)


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For further information, please contact:
Mr Gary Cheung, Chief Executive, Hong Kong Securities Institute (Phone : 3120 6288)
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