PCI LTD: ANNOUNCEMENT OF CESSATION AS NON-EXECUTIVE DIRECTOR WHO IS A MEMBER OF AUDIT COMMITTEE AND REMUNERATION COMMITTEE

Announcement of Cessation of Non-Executive Director, Audit Committee Member and Remuneration Committee Member
* Asterisks denote mandatory information
Name of Announcer *	PCI LTD
Company Registration No.	198804482N
Announcement submitted on behalf of	PCI LTD
Announcement is submitted with respect to *	PCI LTD
Announcement is submitted by *	Valerie Tan May Wei
Designation *	Company Secretary
Date & Time of Broacast	28-Dec-2011 17:21:52
Announcement No.	00033
Price Sensitivity	Yes

>> Announcement Details

The details of the announcement start here ...

Name *	Lim Kwee Siah
Age *	59
Is Effective Date of Cessation known? *	Yes
Effective Date of Resignation	28/12/2011
Detailed Reason(s) for cessation *	Pursuant to the reconstitution of the Board of PCI Limited ("PCI"), following the increase in Chuan Hup Holdings Limited's ("Chuan Hup") shareholding in PCI from 35.67% to 75.19%, as a result of the launch of a mandatory conditional cash offer by Chuan Hup on 5 May 2011. The Board wishes to express its appreciation to Mr Lim for his dedication and invaluable contributions during his tenure.
Is there any difference of opinion on material matters between the person and the Board of directors? *	No
If yes, please elaborate *	NA
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? *	No
Date of Appointment to current position *	04/08/1989
Job Title *	Non-Executive Director, Audit Committee Member and Remuneration Committee Member
Role and responsibilities *	Non-Executive Director
Does the AC have a minimum of 3 members (taking into account this cessation) *	Yes
Number of Independent Directors currently resident in Singapore (taking into account this resignation) *	2
Number of Cessations of persons specified in Rule 704(7) of the Listing Manual over the past 12 months *	3 (including this cessation)
Shareholding in the listed issuer and its subsidiaries *	Nil
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries *	NA

>> Other Directorship #
# These fields are not applicable for announcements of appointments pursuant to Rule 704(9)
Past (for the last five years) *	1. Scomi Marine Bhd
Present *	1. Ventrade (Asia) Pte. Ltd. 2. 96 & 102 Terrace Road Pty Ltd 3. Westgarden Development Pte Ltd 4. Whiterock Medical Company Pte. Ltd. 5. Somnetics Global Pte Ltd 6. Allston Services Pte Ltd