On December 21, 2012, Mr. Godfrey Hui, the Deputy Chief Executive Officer and Director of Network CN, Inc. notified the company of his intention to resign from his position as an officer and director of the company for personal reasons. Mr. Hui's resignation will become effective on December 31, 2012. Mr. Hui's position of Deputy Chief Executive Officer will not be refilled as Mr. Earnest Leung continues to serve as the company's Chief Executive Officer.