04 Oct 2004

Appointment of Independent Non-Executive Director at HAECO

Hong Kong Aircraft Engineering Company Limited (HAECO) is pleased to announce that Mr. Robert Ernest Adams has been appointed as an independent non-executive director of the Company with effect from 1st October 2004.

Mr. Adams, aged 60, is the Chief Operating Officer of Li & Fung Ltd. He was an Executive Director of CITIC Pacific Limited from 1992 and a non-executive director of Cathay Pacific Airways Limited (Cathay Pacific) from 1996 until the end of 2003; both are listed on the Hong Kong Stock Exchange. He has also served as a director of Hong Kong Dragon Airlines Limited, Hong Kong Air Cargo Terminals Limited and Wal-Mart East China Stores Co., Ltd.