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HONG KONG PHILHARMONIC BOARD ELECTS NEW CHAIRMAN

14th November 2008

Hong Kong, 14th November 2008 - Mr YS Liu, businessman, violinist and philanthropist, has been elected Chairman of the Board of Governors of the Hong Kong Philharmonic Society.

Mr Liu has been a member of the Board of Governors since November 2006 and has served on the Society's Finance Committee over the last two years. An accomplished violinist, he has regularly performed as Concertmaster of the SAR Philharmonic Orchestra in their annual concerts which serve as fund-raising opportunities for numerous Hong Kong social welfare charities.

"I am deeply honoured to become Chairman of Hong Kong's flagship orchestra, especially at a time when the Orchestra's reputation has risen so impressively under the direction of Maestro Edo de Waart," said Mr Liu following his election. "In a time of great economic uncertainty, the Board's focus will be to ensure the financial stability of this great cultural institution while continuing the upward artistic trajectory of Maestro de Waart's vision."

Mr Liu assumes the Chairmanship from Mr Edward Ho whose stewardship of the Philharmonic's Board for almost four years has overseen enormous growth in audiences and sponsorships, especially the establishment of the Principal Patron relationship with Swire for a total of six years from 2006 to 2012, and also the extension of Maestro de Waart's contract as Artistic Director and Chief Conductor until 2012.

The new Chairman paid tribute to Mr Ho saying, "The Orchestra has benefited greatly from Edward's dedication, wisdom and hard work, making him a very hard act to follow! The entire Board has warmly expressed its deep gratitude to Edward for his superb work as our Chairman during this remarkable period of growth."

Vice-Chairman Mr SM Chung was re-elected by the Board to continue to serve in this capacity having first been elected Vice-Chairman in 2006.

Five new members joined the Board of Governors as appointees of the Government of the Hong Kong SAR:

Mr Lam Woon Kwong
Professor CC Liu
Mr Benedict Sin
Mr Kenny Wong
Mr David Zacharias


ABOUT THE HONG KONG PHILHARMONIC ORCHESTRA
Hailed as “one of Asia's top orchestras”, the Hong Kong Philharmonic Orchestra (HKPO) is led by the internationally renowned Artistic Director and Chief Conductor Edo de Waart. Enriching Hong Kong’s cultural life for over a century, the Orchestra has grown into a formidable ensemble of Chinese and international talents in the last three decades, attracting world-class artists to perform on the same stage. In April 2006, The Swire Group Charitable Trust became the Hong Kong Philharmonic’s Principal Patron to enable Maestro de Waart’s artistic vision for the Orchestra to be realized. HKPO annually touches the lives of 200,000 music lovers through more than 150 performances, including a series of outreach activities including the city’s largest outdoor symphonic concert in Happy Valley, Swire Symphony under the Stars. Please visit www.hkpo.com for more information about the Hong Kong Philharmonic Orchestra.

The Hong Kong Philharmonic Orchestra is financially supported by the Government of the Hong Kong Special Administrative Region.

SWIRE is the Principal Patron of the Hong Kong Philharmonic Orchestra.