Mr. Yue Man Yiu, Matthew
Independent Non-Executive Director of China Financial Leasing Group

Mr. Yue Man Yiu, Matthew, was appointed as an independent non-executive Director of the Company on 4 June 2002. He is also the chairman of the Audit Committee of the Company (the "Audit committee") and a member of the Remuneration Committee. He graduated from the Chinese University of Hong Kong with a Bachelor’s Degree of Business Administration in 1984. He is a fellow member of the Association of Chartered Certified Accountants, a fellow member of the Hong Kong Institute of Certified Public Accountants and a member of the Hong Kong Securities Institute. He has extensive experience in the financial control, project analysis and management functions. He is presently the director of a consultancy & investment company and chief financial officer of a company which engages in retail & wholesale sales business. Mr. Yue is currently an independent non-executive director of Asia Cassava Resources Holdings Limited and China Suntien Green Energy Corporation Limited, both are companies listed on the Stock Exchange. Save as aforesaid, he did not hold any directorship in other listed public companies in the past three years.

There is no service contract entered into between the Company and Mr. Yue and no specific term of length of service. He is subject to retirement by rotation at least once every three years in accordance with the Articles. Mr. Yue is entitled to a director’s fee of HK$120,000 per annum which is determined with reference to the recommendation of the Remuneration Committee and the prevailing market conditions.

Mr. Yue does not have any relationship with any Director, senior management, substantial shareholders (as defined in the Listing Rules) or controlling shareholders (as defined in the Listing Rules) of the Company and does not have any interests in the shares of the Company within the meaning of Part XV of the SFO.