The board of directors of China Glass Holdings Limited announced the changes in directorships and roles, all with effect from 13 February 2015. Mr. Li Ping (Mr. Li) has tendered his resignation as Executive Director of the company (Executive Director); Mr. Ning Min (Mr. Ning) has tendered his resignation as Non-Executive Director of the Company (Non-Executive Director); Mr. Ni Wei (Mr. Ni) has tendered his resignation as Independent Non- Executive Director of the Company (Independent Non-Executive Director); Mr. Zhou Cheng (Mr. Zhou) has tendered his resignation as Chairman of the Board and Chairman of the Nomination Committee; Mr. Zhou has been appointed as Honorary Chairman of the Board; Mr. Peng Shou (Mr. Peng) has been appointed as Non-Executive Director and Deputy Chairman of the Board; Mr. Zhao John Huan (Mr. Zhao) has been appointed as Chairman of the Board; and Mr. Zhang Baiheng (Mr. Zhang) has been appointed as Chairman of the Nomination Committee. Mr. Li Ping has tendered his resignation as Executive Director with effect from 13 February 2015.

Mr. Li will remain as a senior vice president of the Company focusing on the overseas strategic implementation and international development of the company. Mr. Ning Min has tendered his resignation as Non-Executive Director with effect from 13 February 2015. Mr. Ni Wei has tendered his resignation as Independent Non-Executive Director with effect from 13 February 2015.

Mr. Li, Mr. Ning and Mr. Ni have confirmed that they have no disagreement with the Board and they are not aware of other matters that need to be brought to the attention of the shareholders of the Company in connection with their respective resignations. The Board would like to take this opportunity to express its gratitude to Mr. Li, Mr. Ning and Mr. Ni for their valuable contributions to the Company during their tenure of service. The Board also announced that Mr. Zhou Cheng has resigned as Chairman of the Board and Chairman of the Nomination Committee with effect from 13 February 2015.

In recognition of Mr. Zhous valuable contributions to the Group as Chairman over the years, the Board announced that Mr. Zhou has been appointed as Honorary Chairman of the Board with effect from 13 February 2015. Mr. Zhou will remain as a Non-Executive Director of the Company and a member of the Nomination Committee. On the same date, Mr. Zhao John Huan, a Non-Executive Director, has been appointed as the Chairman of the Board and Mr. Zhang Baiheng, an Independent Non-Executive Director, has been appointed as the Chairman of the Nomination Committee.

The Board also announced the appointment of Mr. Peng Shou as Non-Executive Director and Deputy Chairman of the Board with effect from 13 February 2015.