Change in composition of the board: dr anita leung fung-yee maria has been appointed as the chairman of the board

HONG KONG, March 22, 2012 /PRNewswire-Asia/ -- Qin Jia Yuan Media Services Company Limited (Stock code: 2366, hereafter referred to as "QJY" or "the Group") announced

that, in anticipation of the introduction of the new Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") requiring at least

one-third of an issuer's board to be independent non-executive directors by 31 December 2012. The board of Directors (the "Board") currently comprises of 17 members, with 4

executive Directors, 10 non-executive Directors and 3 independent non-executive Directors. In order to comply with the Listing Rules and due to the Board comprises of 3 independent

non-executive Directors, the size of the Board would have to be increased considerably. Therefore, the Company decided to streamline the size of the Board and expected to have a total of 6

executive and non-executive directors. The Company also decided to take the opportunity to restructure the composition of the Board to improve the efficiency of the Board and to enhance the

decision making process in light of the steady development of the cross-media platform of the Group. To facilitate the streamlining of the size of the Board and to improve the efficiency of

the Board, at the conclusion of the Annual General Meeting, Dr. Honourable Wong Yu Hong, Philip, GBS ("Dr. Wong"), a non-executive Director and the chairman of the Company (the

"Chairman"), Mr. Liu Yuk Chi, David ("Mr. Liu"), a non-executive Director and the vice chairman of the Company, Mr. Tsiang Hoi Fong ("Mr. Tsiang"), an executive

Director, and Mr. Owyang Loong Shui, Ivan ("Mr. Owyang"), a non-executive Director, retired from the Board, to cope with the restructuring arrangement. Mr. Yiu Yan Chi, Bernard

("Mr. Yiu"), Mr. Yeung Ching Wan ("Mr. Yeung"), will resign as executive Directors, while Mr. Lam Haw Shun, Dennis, JP ("Mr. Lam") and Mr. Flynn Douglas Ronald

("Mr. Flynn") will resign as non-executive Directors, with effect from 22 March 2012. Upon their resignation, they can spend more time on their other commitments apart from

facilitating the streamlining of the size of the Board and improving the efficiency of the Board. The Board hereby wishes to express its sincere gratitude to each of Dr. Wong, Mr. Liu, Mr.

Tsiang, Mr. Yeung, Mr. Lam, Mr. Flynn, and Mr. Owyang for their dedication and their invaluable contributions to QJY during the tenure of their services. Dr. Anita Leung Fung Yee Maria has

been appointed as the Chairman with effect from 22 March 2012. Dr. Leung is a member of the CPPCC National Committee, a member of CPPCC of Beijing, a renowned novelist in Hong Kong and the

founder of QJY. The Group believes that under Dr. Leung's leadership and the nation's focus on carrying forward its cultural industry, QJY is in an excellent position to provide

quality television content through its cross-media platform for the vast viewership in China. About Qin Jia Yuan Media Services Company Limited (Stock code: 2366) Founded in 1995 and listed

on the Hong Kong Stock Exchange in 2004, Qin Jia Yuan is a forerunner in the People Republic of China for multi-media business, as a one-stop shop providing excellent media content

production, which includes media advertising, outdoor advertising and marketing campaigns. For media enquiries, please contact Trimaran Corporate Communications: Ms. Agnes Yeung Tel: (852)

3678 0101 E-mail: [email protected] Ms. Fanny Jor Tel: (852) 3101 4684 E-mail: [email protected] SOURCE　Qin Jia Yuan Media Services Company Limited