The board of directors S.A.S. Dragon Holdings Ltd. announced that in order to comply with the amendments to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited which will be effective on 1 April 2012, Mr. Wong Sui Chuen has ceased to be the chairman of the remuneration committee of the company but remains as a member of the Remuneration Committee, and Mr. Wong Tak Yuen, Adrian, an independent non-executive director of the Company and a member of the Remuneration Committee, has been appointed as the chairman of the Remuneration Committee with effect from 30 March 2012. The Board further announces that the nomination committee comprising Mr. Wong Tak Yuen, Adrian as the chairman and Mr. Wong Sui Chuen and Mr. Cheung Chi Kwan as members has been established by the Board with written terms of reference with effect from 30 March 2012.