Appointment of a New Director

3 September 2018
Company NameHENDERSON FAR EAST INCOME LIMITED
Legal Entity Identifier2138008DIQREOD38O596
Appointment of a New
Director
The Board of Henderson Far East Income Limited (‘the Company’)
announces that Mr Timothy Clissold has been appointed as a non-
executive director with effect from today.
Mr John Russell, Chairman of the Company, said “the Directors and I
are delighted that Tim has agreed to join us, bringing to the Board his
extensive experience in China’s commercial world”.
Tim Clissold graduated in Physics and Theoretical Physics from
Cambridge University in 1982. He subsequently joined Arthur Andersen
in London and qualified as a Chartered Accountant before moving to
Australia and then Hong Kong. He first went to China in 1987 and, on
returning to London, he spent a year studying Mandarin Chinese at the
London University School of Oriental and African Studies, gaining a
distinction. He continued with Mandarin studies at the University of
International Business and Economics in Beijing before co-founding one
of the first private equity groups in China in 1994. That group raised
$400 million of institutional capital, mainly from the US, and invested it
in twenty PRC joint ventures, forming what is still the largest
independent automotive components manufacturer in China.
He later ran Goldman Sachs China distressed investment business in
Beijing, bidding on and recovering value from complex NPL portfolios in
Hunan, Liaoning and Shandong. More recently, he co-founded another
business to originate UN carbon offsets from GHG emission reduction
projects in China with start-up capital from the Bill & Melinda Gates
Foundation Trust. The main counterparty in that business was Huaneng
Power, China's largest power utility.
Mr Clissold is Chief Resolution Officer at China Resolutions, a company
set up to help those shareholders who have been disenfranchised as a
result of Chinese companies delisting from AIM and other markets. He
is also a member of the Strategic Advisory Board of Braemar Energy
Ventures, a New York venture capital fund focused on energy efficiency
technologies. He is the author ofMr Chinaand recently published his
second book,Chinese Rules.
The Board is very pleased to welcome Mr Clissold and looks forward to
the significant contribution he will undoubtedly make.
In accordance with paragraphs 9.6.13 (1) to (6) of the Listing Rules, it is
confirmed that there are no additional details to be disclosed in relation
to Mr Clissold.
For further
information, please
call:
Company Secretary
BNP Paribas Securities Services S.C.A., Jersey Branch
Siobhan Lavery/Skye Inman
Telephone 01534 709181/813820

James de Sausmarez
Head of Investment Trusts
Janus Henderson Investors
Tel: 020 7818 3349