The board of directors of China 33 Media Group Limited announced that Mr. Lee Man Tai has tendered his resignation as (i) the chief financial officer of the company, (ii) the company secretary of the company, (iii) an authorized representative of the company. The board further announced that Mr. Siu Shing Tak has been appointed as (i) the chief financial officer of the company, (ii) the company secretary of the company, (iii) an authorized representative of the company. He is a certified public accountant of American Institute of Certified Public Accountant since 2010.

He has over eight years of experience in accounting, auditing and internal control. The board also announced that Mr. Teng Tai has been appointed as an independent non-executive Director with effect from 3 June 2014. Starting from July 2012, he is the chairman of the board of directors of Winbro Asset Management Co.

Ltd. and the head of Winbro Economic Research Institute.