Combest Holdings Limited Announces Demise of Xing Fengbing, an Independent Non-Executive Director and Member of Audit Committee, Remuneration Committee and Nomination Committee

The board of directors of Combest Holdings Limited regrets to announced that Mr. Xing Fengbing, an Independent Non-Executive Director and member of Audit Committee, Remuneration Committee and Nomination Committee of the company, passed away on April 26, 2012. All directors of the Company would like to convey their deepest condolence to the family of Mr. Xing and express their sincere appreciation to Mr. Xing for his past contribution and services to the company.