The Board of Directors of Stamford Land Corporation Ltd (the "Company") is pleased to announce that: 1) at the Annual General Meeting of the Company held on 27 July 2006, all the resolutions set out in the Notice of Annual General Meeting dated 11 July 2006 were duly passed. 2) Messrs Harold Foo Chee Hiang and Bobby Chin Yoke Choong who were re-elected as Directors at the Annual General Meeting will remain as members of the Audit Committee, and are considered to be independent for the purposes of Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Trading Limited. By Order of the Board Rebecca Marie Stephanie Tai-Yeo Hsiu Erh Company Secretary 27 July 2006 |