| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Cessation of Senior Financial Officer |
| Securities | UNITED INDUSTRIAL CORP LTD (UIC) |
| Date & Time of Broadcast | Jul 29, 2015 17:20 |
| Submitted By | Susie Koh Company Secretary |
| Description | Please see below |
| Cessation Details | |
| Name of person | Loy Chee Chang |
| Age | 56 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Aug 2, 2015 |
| Detailed reason(s) for cessation | To pursue personal interests. |
| Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting? | No |
| 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 |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| Date of appointment to current position | Jan 1, 2005 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of independent directors currently resident in Singapore (taking this account this cessation) | 3 |
| Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months | 0 |
| Job Title | Senior Financial Controller |
| Role and responsibilities | Group's finance functions including tax and financial reporting |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | None |
| Shareholdings interest in the listed issuer and its subsidaries? | Yes |
| Shareholding Details | 63,000 shares in United Industrial Corporation Ltd |
| Other directorships | |
| Past (for the last 5 years) | NIL |
| Present | Networld Realty Pte Ltd UIC Commodities Pte Ltd UIC Supplies Pte Ltd UIC Development (Private) Ltd UIC Enterprise Pte Ltd UIC Investment Pte Ltd Marina Centre Holdings Pte Ltd UIC Land Pte Ltd United Venture Development (Thomson) Pte Ltd United Venture Development (Bedok) Pte Ltd UIC Investments (Properties) Pte Ltd Singland Development (Farrer Drive) Pte Ltd Singland Development (Jervois) Pte Ltd S.L. Development Pte Ltd Singland Homes (Alexandra) Pte Ltd Singland Homes Pte Ltd United Venture Investment (Thomson) Pte Ltd |