Pacific Internet Shuffles Team

Lawrence Ang becomes CIO; Tay Kuan Ming, head of group finance and acting CFO resigns; CEO will oversee finance until replacement is named

June 28, 2005

1 Min Read

SINGAPORE -- Pacific Internet Limited (Nasdaq: PCNTF), Asia Pacific's largest telco-independent Internet communications service provider by geographic reach, announced today the appointment of Mr Lawrence Ang as Chief Information Officer. Mr Ang has more than 18 years of experience in business IT, project management and process improvements initiatives in the Internet, banking and automotive industries.

Prior to joining Pacific Internet, Mr Ang was the Regional Chief Information Officer of DaimlerChrysler Services Africa & Asia Pacific in the Financial Services Division, responsible for regional IT governance, strategy, project and resource management for 12 countries in the Asia Pacific and Africa regions. He has also worked with United Bank Limited, DBS Securities Singapore Pte Ltd, Deutsche Morgan Grenfell and Deutsche Bank AG.

In addition, Mr Tay Kuan Ming, the head of Group Finance and acting CFO will leave the Company on 29 June 2005. The Company is actively considering candidates to fill the vacancy. Mr Tan Tong Hai, Pacific Internet's President and CEO will oversee the corporate finance function until a permanent replacement is named. In the interim, senior members of the finance team will take on various operational responsibilities for the corporate finance function. The Company is confident that the position of CFO will be filled by the third quarter of 2005.

Pacific Internet Ltd.

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