The board of directors of Mitsumaru East Kit (Holdings) Limited hereby announces that Mr. Mu Xiangming has resigned as an independent non-executive Director of the Company with effect from 7 June 2013 as his service contract with the Company as independent non-executive Director expired on 7 June 2013 and devotion to his personal business development. Mr. Mu also ceased to be the chairman of the nomination committee, the member of the audit committee and the member of the remuneration committee of the company with effect from 7 June 2013. Mr. Mu has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the company.