Fraser and Neave appoints Dr. Richard Hu as Senior Adviser to the Board

Singapore, 2 April 2013 – Fraser and Neave, Limited (“F&NL” or the “Group”) is pleased to announce the appointment of Dr. Hu Tsu Tau Richard as Senior Adviser with effect from 27 March 2013.

Drawing upon his wealth of experience in both private and public sectors, former Minister Of Finance Dr. Hu will provide invaluable advice to F&NL and its Board of Directors on the strategy and direction of the Group, as well as share his expertise on macro-economic matters and regulatory and policy issues.

Prior to his appointment by F&NL, Dr. Hu was Chairman of SGX Main Board-listed property developer, Capitaland Limited and a member on the Board of the Government of Investment Corporation (“GIC”), for which he was, at one time, an Adviser to GIC’s Group Executive Committee and Chairman of GIC Real Estate.

Dr. Hu served as Minister of Finance for 16 years from 1985 to 2001. His illustrious career in public office also saw him holding Cabinet posts in the Ministry of National Development, Ministry of Trade and Industry and Ministry of Health. Before entering politics, Dr. Hu joined the Royal Dutch Shell Group of Companies in 1960 and rose to the position of Chairman and Chief Executive of this global company in Singapore.

Mr. Charoen Sirivadhanabhakdi, Chairman of the F&NL Board, said “We are honoured to have Dr.Hu join as Senior Advisor and look forward to welcoming him into the F&NL family. Dr. Hu brings with him a wealth of experience and expertise in various fields which will help drive our vision for greater growth.”

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For clarification and further enquiries, please contact:

Mr. Anthony Cheong Group Company Secretary DID: 6318 9304 Email: [email protected]

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About Fraser and Neave, Limited Established in 1883, Fraser and Neave, Limited (F&NL) is a leading Asia Pacific Consumer Group with expertise and prominent standing in the Food & Beverage, Property and Publishing& Printing industries.

Leveraging its strengths in marketing and distribution; research and development; brands and financial management; as well as years of acquisition experience, F&NL provides key resources and sets strategic directions for its subsidiary companies across all three industries.

Listed on the Singapore stock exchange, F&NL ranks as one of the most established and successful companies in the region with an impressive array of renowned brands that enjoy strong market leadership. It has shareholders’ funds of over S$13 billion and total assets employed of close to S$19 billion. F&NL is present in over 20 countries spanning Asia Pacific, Europe and the USA, and employs over 10,000 people worldwide.

For more information on F&NL, please visit www.fraserandneave.com.