The board of CGN Mining Company Limited announced that due to the decision to devote more time to other career developments, Mr. Ling has tendered his resignation as an independent non-executive director and from membership of the audit committee, remuneration committee and nomination committee of the company with effect from August 22, 2014. The board further announced that due to the decision to devote more time to other career developments, Mr. Huang has tendered his resignation as an independent non-executive director and from membership of the remuneration committee and nomination committee of the company with effect from August 22, 2014. Each of Mr. Ling and Mr. Huang confirms that he does not have any disagreement with the board and that there is no other matter relating to his resignation which needs to be brought to the attention of the shareholders of the company.

The board announces that Mr. Lee has been appointed as an independent non-executive director and a member of the audit committee, remuneration committee and nomination committee of the Company with effect from August 22, 2014. Mr. Lee previously held senior management position in a company listed on the Main Board of the Stock Exchange, namely, Meadville Holdings Limited. The board announces that Mr. Gao has been appointed as an independent non-executive director and a member of the remuneration committee and nomination committee of the company with effect from August 22, 2014.