09:42 LENOVO GROUP<00992> - Announcement (4) recommendations given by the remuneration committee of the Board. The Company will make an announcement when the director's fee and remuneration of Mr Grabe is fixed. According to the register maintained by the Company pursuant to section 352 of the Securities and Futures Ordinance as at the date of this announcement, Mr Grabe did not hold any interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance. Mr Justin T Chang, age 38, has been appointed as an alternate Director to Mr James G. Coulter with effect from Closing. Mr Chang is partner of TPG and co-heads the firm's investment activities in technology and related industries. Mr Chang received his MBA from Harvard Business School and his BA, cum laude, in Economics and Political Science from Yale University. Mr Chang is also a director of ON Semiconductor Corporation (NASDAQ listed). Mr Chang has not previously held any positions with the Company or any of its subsidiaries. Other than as disclosed above, Mr Chang did not hold any other directorship with any listed companies in the last three years and has no relationship with any other Directors, senior management, substantial shareholders or controlling shareholders of the Company. There is no service contract between Mr Chang and the Company and no terms have been fixed or proposed for his length of service with the Company. Pursuant to the Articles of Association, Mr Chang will cease to be an alternate Director if Mr James G. Coulter ceases for any reason to be a Director and is not entitled to receive from the Company any fee in his capacity as alternate Director. According to the register maintained by the Company pursuant to section 352 of the Securities and Futures Ordinance as at the date of this announcement, Mr Chang did not hold any interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance. Mr Ricky Wai Kei Lau, age 35, has been appointed as an alternate Director to Mr Shan Weijian with effect from Closing. Mr Lau is a Director of Newbridge Capital Limited. Prior to joining the Newbridge Capital Group in 1998, Mr Lau spent four years with Hopewell Holdings and was the manager of Corporate and Project Finance where he was responsible for the negotiations and financing of a number of a major infrastructure projects across Asia. Mr Lau received a BA from the University of British Columbia in Canada. Mr Lau has not previously held any positions with the Company or any of its subsidiaries. Save as other disclosed above, Mr Lau did not hold any other directorship with any listed companies in the last three years and has no relationship with any other Directors, senior management, substantial shareholders or controlling shareholders of the Company. There is no service contract between Mr Lau and the Company and no terms have been fixed or proposed for his length of service with the Company. Pursuant to the Articles of Association, Mr Lau will cease to be an alternate Director if Mr Shan Weijian ceases for any reason to be a Director and is not entitled to receive from the Company any fee in his capacity as alternate Director. According to the register maintained by the Company pursuant to section 352 of the Securities and Futures Ordinance as at the date of this announcement, Mr Lau did not hold any interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance. Mr Vince Feng, age 32, has been appointed as an alternate Director to Mr William Otto Grabe with effect from Closing. Mr Feng is a Managing Director of General Atlantic LLC. Mr Feng has overall responsibility for the East Asia investment activities of General Atlantic LLC and has been with the General Atlantic Group since 1998. Prior to working with the General Atlantic Group, Mr Feng worked at Goldman Sachs (Asia) LLC. Mr Feng has not previously held any positions with the Company or any of its subsidiaries. He is also a director of Data Systems Consulting Co Limited (listed on the Taiwan Stock Exchange). Other than as disclosed above, Mr Feng did not hold any other directorship with any listed companies in the last three years and has no relationship with any other Directors, senior management, substantial shareholders or controlling shareholders of the Company. There is no service contract between Mr Feng and the Company and no terms have been fixed or proposed for his length of service with the Company. Pursuant to the Articles of Association, Mr Feng will cease to be an alternate director if Mr William Otto Grabe ceases for any reason to be a Director and is not entitled to receive from the Company any fee in his capacity as alternate Director. According to the register maintained by the Company pursuant to section 352 of the Securities and Futures Ordinance as at the date of this announcement, Mr Feng did not hold any interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance. As at the date of this announcement, the Executive Directors are Mr Yang Yuanqing, Mr Stephen Maurice Ward, Jr. and Ms Ma Xuezheng; the Non-executive Directors are Mr Liu Chuanzhi, Mr Zhu Linan, Mr James G. Coulter, Mr Shan Weijian, Mr William Otto Grabe, Mr Justin T Chang (alternate Director to Mr James G. Coulter) Mr Ricky Wai Kei Lau