The board of directors of Technovator International Limited announced that in order to comply with the forthcoming amendments to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited which will be effective on April 1, 2012: Mr. Fan Ren Da Anthony, an independent non-executive Director, ceased to be the chairman of the audit committee of the Board and Ms. Chen Hua, an independent non-executive Director, has been appointed as the chairman of the Audit Committee, with effect from March 21, 2012. Mr. Fan Ren Da Anthony remains as a member of the Audit Committee; Mr. Seah Han Leong, an executive Director, ceased to be the chairman of the nomination committee of the Board, Mr. Chia Yew Boon, an independent non-executive Director, has been appointed as the chairman of the Nomination Committee and Mr. Lu Zhicheng, a non-executive Director, has been appointed as a member of the Nomination Committee, both with effect from March 21, 2012; and Mr. Ng Koon Siong, a non-executive Director, ceased to be the chairman of the remuneration committee of the Board and Mr. Fan Ren Da Anthony, an independent non-executive Director, has been appointed as the chairman of the Remuneration Committee, with effect from March 21, 2012. Mr. Ng Koon Siong remains as a member of the Remuneration Committee.