| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Cessation as Chief Financial Officer |
| Securities | SINGAPORE SHIPPING CORP LTD (SPSHIPG) |
| Date & Time of Broadcast | Sep 26, 2016 18:41 |
| Submitted By | Lee Li Huang Company Secretary |
| Description | Cessation as Chief Financial Officer |
| Cessation Details | |
| Name of person | Chua Siew Hwi |
| Age | 39 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Sep 26, 2016 |
| Detailed reason(s) for cessation | To pursue other 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 | Sep 16, 2013 |
| 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 | 1 |
| Job Title | Chief Financial Officer |
| Role and responsibilities | Pursuant to her appointment, she was responsible for the overall finance activities of the group. |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | Nil |
| Shareholdings interest in the listed issuer and its subsidaries? | Yes |
| Shareholding Details | 100,000 |
| Other directorships | |
| Past (for the last 5 years) | 1. Goldenlines Investments Limited 2. Singapore Shipping Agencies Pte. Ltd. 3. Island Line Pte Ltd |
| Present | Nil |