Hong Kong Exchanges and Clearing Limited
(Incorporated in Hong Kong with limited liability)
(Stock Code: 388)

Reappointment of Chief Executive Approved

As announced by Hong Kong Exchanges and Clearing Limited (HKEx) on 5 March 2008, Paul Chow has, at the request of the Board, agreed to extend his employment contract as the Chief Executive of HKEx for a further one-year term from 1 May 2009 to 30 April 2010.  Pursuant to Section 70 of the Securities and Futures Ordinance, the Securities and Futures Commission has today given its written approval of the reappointment.

Mr Chow was first appointed as the Chief Executive and a director of HKEx on 1 May 2003.  His biographical details are available on the HKEx website (www.hkex.com.hk).