The board of directors of Swing Media Technology Group Ltd. announced that Mr. Yuen Shu Tong will be appointed as Chairman of the Audit Committee in place of Mr. Lau Yiu Nam Eric, who shall remain as a member of the AC, with effect from 1 January 2014. Mr. Lau Yiu Nam Eric will be appointed as Chairman of the Remuneration Committee in place of Mr. Yuen Shu Tong, who shall remain as a member of the RC, with effect from 1 January 2014. Mr. Lau Yiu Nam Eric will be appointed as Chairman of the Nominating Committee in place of Mr. Yuen Shu Tong, who shall remain as a member of the NC, with effect from 1 January 2014.

Mr. Hui Yan Sui William will resign as a member of the NC with effect from 1 January 2014.