Jardine Matheson Hldgs Ltd Directorate Change (8029J)

TIDMJAR

RNS Number : 8029J

Jardine Matheson Hldgs Ltd

07 December 2018

7th December 2018

For immediate release

Appointment of Director

Jardine Matheson Holdings Limited (the 'Company') announces that Stuart Gulliver has been appointed as a Non-executive Director of the Company with effect from 1st January 2019. Stuart will also join the Audit Committee.

Stuart was Executive Director and Group Chief Executive of HSBC Holdings plc from January 2011 until February 2018. He was appointed to the Board in May 2008. He was Chairman of The Hong Kong and Shanghai Banking Corporation Limited from 2011 to 2018. Stuart has more than 37 years' international banking experience, having joined HSBC in 1980 and worked for the group throughout his career. He has held key roles in the Group's operations worldwide, working across Asia, Europe and the Middle East. Former appointments include Chairman of HSBC Bank plc, HSBC Bank Middle East Limited, HSBC Private Banking Holdings (Suisse) SA and HSBC France.

After stepping down as Executive Director and Group Chief Executive in February 2018, Stuart continued to advise HSBC until he formally retired from HSBC on 11th October 2018.

Stuart was appointed a member of the CE of the Hong Kong SAR Council of Advisors on Innovation and Strategic Development in March 2018.

Ben Keswick, Group Managing Director, said:

"I am delighted to welcome Stuart to the board and to the Jardines group. He has been instrumental in building HSBC over many years into a highly successful group with operations in nearly 70 countries and territories. I believe that Stuart will make an important contribution to the future growth of the Group. We look forward to benefitting from his counsel and advice, based on his unrivalled experience of leading and building a global business and his deep knowledge of, and strong reputation in, Asia, where he has worked for over 20 years."

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For further information, please contact:

Jonathan Lloyd

Jardine Matheson Limited (852) 2843 8223

Brunswick

Tom Burns (44) 207 404 5959

Karin Wong (852) 9755 6265

This and other Group announcements can be accessed through the internet at www.jardines.com.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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