Directorate Change

30 May 2007 11:56

Asian Growth Properties Limited30 May 2007 30th May, 2007 Asian Growth Properties Limited Stepping down of Chief Executive Officer and Re-designation of Director The board of directors (the "Board") of Asian Growth Properties Limited ("theCompany") (AIM Stock Code: AGP), the Hong Kong based China property developmentand investment company, announces that owing to his leaving Hong Kong forAustralia / New Zealand, Mr. Donald Ian Fletcher will step down as the ChiefExecutive Officer of the Company and be re-designated from an executive directorto a non-executive director of the Company with effect from 1st July, 2007. The role and responsibilities of the Chief Executive Officer shall be taken upby the Executive Directors of the Company and the successor of Mr. Fletcher asthe new Chief Executive Officer will be found if the Board deems necessary andappropriate. For more information, please contact: Don Fletcher Tel: + 61 414 693 968Chief Executive OfficerAsian Growth Properties Limited Richard Gray Tel: +44 207 459 3600Andrew PottsPanmure Gordon & Co This information is provided by RNS The company news service from the London Stock Exchange