Property Development Plc announced the resignation of Mr. L N de Silva Wijeyeratne as Non-Executive Independent, effective February 19, 2015 and Mr. S E de Silva as Non-Executive Independent, effective February 21, 2015. Further the Board approved by its resolution dated February 20, 2015 the following appointments to the Board of Directors of the company as nominees of Bank of Ceylon under Article 74 of the Articles of Association of the Company. Ronald C Perera - Chairman as Non-Executive Non Independent, M.M.A.D. Siriwardena and Chaminda Perera as Non-Executive Independent.