The board of directors of Sing Lee Software Group Ltd. announces that Mr. Qiu Lei has tendered his resignation as an executive director with effect from December 31, 2012 due to his own career development. Mr. Qiu has confirmed he has no disagreement with the board and there is no matter in relation to his resignation that needs to be brought to the attention of the shareholders of the company. The board would like to take this opportunity to express its sincere gratitude to Mr. Qiu for his valuable contribution to the company during his tenure of service.