The Board of Directors of Goldlion Holdings Ltd. announced that Mr. NGUYEN, Van Tu Peter has been appointed as an independent non-executive Director, chairman of the Remuneration Committee, and a member of each of the Audit Committee and Nomination Committee of the Board with effect from September 17, 2012. Currently, he is an independent non-executive director of IPE Group Limited and Combest Holdings Limited. The company also announced that following the re-designation of Dr. WONG Ying Ho, Kennedy as a non-executive Director of the company with effect from September 5, 2012, Dr. Wong has also resigned as a member of each of the Remuneration Committee and Nomination Committee of the Board with effect from September 17, 2012.