EuNetworks Group Ltd : Announcement Of Cessation As Group Finance Director

Detailed Reason(s) for CessationMr. Bohm is leaving euNetworks to allow him to move on to other opportunities. He leaves with the Company's gratitude and wishes for every success in the future.Is there any difference of opinion on material matters between the person and the Board of directors?NoIs there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?NoRole and ResponsibilitiesDay-to-day leadership of the finance organisation within the Group.Number of Independent Directors currently resident in Singapore (taking into account this cessation)1Interest in the listed issuer and its subsidiariesOptions over 86,736,927 shares granted under the euNetworks Group Limited 2009 Share Option Scheme ("2009 ESOS").Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiariesNoneFootnotesThe sponsor of the Company, CIMB Bank Berhad, Singapore Branch (the "Sponsor"), is
satisfied that there are no other reasons for Mr. Justin Antony Bohm's departure.

This announcement and its contents have been reviewed by the Sponsor, for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Jason Chian (Director, Corporate Finance), CIMB Bank Berhad, Singapore Branch, 50 Raffles Place, #09-01 Singapore Land Tower, Singapore 048623, telephone [phone].