News Release

Resignation Of Audit & Risk Committee Member

The Board of Directors of Banyan Tree Holdings Limited ("BTH") wishes to announce with regret the resignation of Mr Timothy Chia Chee Ming as a Member of the Audit & Risk Committee ("ARC") with effect from 13 August 2008. Mr Chia continues to serve as a Lead Independent Non-Executive Director and Chairman of the Nominating and Remuneration Committee of BTH.

Following his resignation, the ARC of BTH now comprises the following Independent Directors:

  • 1. Mrs Fang Ai Lian, Chairman
  • 2. Mr Dilhan Pillay, Member
  • 3. Mrs Elizabeth Sam, Member

  • By Order of the Board

  • Jane Teah
  • Company Secretary
  • 14 August 2008