Sustainable Forest Holdings Limited announced the board hereby announces that Mr. John Tewksbury Banigan has resigned as an independent non-executive director and chairman of the board of directors and Mr. Donald Smith Worthley has resigned as an independent non-executive director with
effect from January 17, 2013 and Ms. Zhou Jing has been appointed as chairman of the board of directors with effect from January 18, 2013. The board also announced that Mr. Wu Wang Li has been appointed as independent non-executive director of the company with effect from January 17, 2013.
Currently, Mr. Wu is the director of Skywise Consultants Limited and an independent non-executive director of HyComm Wireless Ltd. since Dec. 2007.