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Swire Pacific Limited
(Incorporated in Hong Kong with limited liability)

FOR IMMEDIATE RELEASE 21 July 2014

Cathay Pacific Services Limited Appoints New Chief Executive Officer

Cathay Pacific Services Limited ("CPSL") announced today that Kelvin Ko is appointed Chief Executive Officer of the Company with immediate effect.

Mr Ko was Chief Operating Officer of CPSL prior to taking up this new appointment. He was also one of the core members in the early stage of planning and design of the Cathay Pacific Cargo Terminal.

Mr Ko has over 20 years of solid experience in the air cargo industry. He held various senior management positions at the Hong Kong Air Cargo Terminals Limited, the DHL Express and the SF Express.

Mr Ko held a Bachelor degree in Industrial and Manufacturing Systems Engineering from the University of Hong Kong. He is also a founding member of the Logistics and Transportation Discipline of the Hong Kong Institution of Engineers.

Cathay Pacific Services Limited
Cathay Pacific Services Limited is a wholly owned subsidiary of Cathay Pacific Airways Limited. The Company was formed in January 2008 and was awarded a 20-year franchise by the Airport Authority Hong Kong in March 2008, to design, build and operate a new common air cargo terminal at the Hong Kong International Airport - the Cathay Pacific Cargo Terminal.

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Source: Swire Pacific Limited
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