Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

- FU_jkon

Fujikon Industriai Holdings Limited

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(incorporated in Bermuda with limited liability)

(stock code: 927)

CHANGE IN DIRECTORS AND COMPOSITION OF

THE REMUNERATION COMMITTEE, THE NOMINATION COMMITTEE AND THE AUDIT COMMITTEE

The Board announces that Dr. Chang Chu Cheng has tendered his resignation as an independent non-executive Director, a member of each of the Remuneration Committee, the Nomination Committee and the Audit Committee with effect from l Aprii 2014.

The Board is pieased to announce the appointment of Dr. Chung Chi Ping Roy as an independent non-executive Director, a member of each of the Remuneration Committee, the Nomination Committee and the Audit Committee with effect from l Aprii 2014.

RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR, MEMBER OF EACH OF THE REMUNERATION COMMITTEE, THE NOMINATION COMMITTEE AND THE AUDIT COMMITTEE

The board (the "Board") of directors (the "Director") of Fujikon Industriai Hoidings Limited (the "Company") announces that Dr. Chang Chu Cheng (''Dr. Chang") has resig ned as an independent non-executive Director with effect from l Aprii 2014 due to his other business commitment.

Upon resignation of Dr. Chang as an independent non-executive Director, Dr. Chang ceased to be a member of each of the remuneration committee of the Company (the "Remuneration Committee"), the nomination committee of the Company (the "Nomination Committee") and the audit committee of the Company (the "Audit Committee").

Dr. Chang has confirmed that he has no disagreement with the Board and that he was not aware of other matters that need to be brought to the attention of the sharehoiders of the Company in connection with his resig nation.

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APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR, MEMBER OF EACH OF THE REMUNERATION COMMITTEE, THE NOMINATION COMMITEE AND THE AUDIT COMMITTEE

The Board is pleased to announce that the appointment of Dr. Chung Chi Ping Roy ("Dr. Chung") as an independent non-executive Director, a member of each of the Remuneration Committee, the Nomination Committee and the Audit Committee with effect from 1 April 2014.
Dr. Chung, aged 61, holds a Doctor of Engineering Degree from the University of Warwick, United Kingdom and a Doctor of Business Administration Degree from City University of Macau. He was appointed as an Industrial Professor by the University of Warwick, United Kingdom in December
2010. He was awarded an Honorary Doctor of Business Administration by the Hong Kong Polytechnic University in 2007 and an Honorary Doctorate Degree by the University of Newcastle, New South Wales, Australia in 2006. He was awarded the Bronze Bauhinia Star (BBS) Medal by the Hong Kong Special Administrative Region Government on 1 July 2011. He was appointed as Justice of Peace by the Hong Kong Special Administrative Region Government on 1 July 2005 and won the Hong Kong Young Industrialists Award in 1997.
Dr. Chung is a co-founder of Techtronic Industries Company Limited (stock code: 669) ("Techtronic"), a company listed on the Main Board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). He was appointed as a group managing director of Techtronic in October 1985, and was appointed as the group vice chairman and an executive director in April 2007, and was re-designated to be a non-executive director of Techtronic with effect from 1 July 2011. Since 27 November 2013, Dr. Chung has been an independent non-executive director of TK Group (Holdings) Limited (stock code: 2283), a company listed on the Main Board of the Stock Exchange. He has also been an independent non-executive director of Kin Yat Holdings Limited (stock code:
638) and KFM Kingdom Holdings Limited (stock code: 3816), both listed on the Main Board of the
Stock Exchange, since 30 January 1997 and 22 September 2012 respectively.
Dr. Chung has entered into a letter of appointment with the Company and is subject to retirement by rotation and re-election in accordance with the bye-laws of the Company. As determined by the Board, Dr. Chung is entitled to an annual director's fee of HK$200,000, by reference to his background, experience, duties and responsibilities with the Company and the prevailing market conditions. His specific term of office is for one year but he will hold office until the next following annual general meeting of the Company at which he will be eligible for re-election. Thereafter, he will be subject to retirement by rotation and re-election pursuant to the bye-laws of the Company.
Save as disclosed above, as at the date of this announcement, (i) Dr. Chung did not have any relationship with any Directors, senior management or substantial or controlling shareholders of the Company; (ii) he did not have any interest in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong); (iii) he did not hold any other directorships in public companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years; and (iv) he did not hold other positions with other members of the Group.

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There is no other information to be disclosed pursuant to the requirements of the Rules 13.51(2)(h) to
13.51(2)(v) of the Rules Governing the Listing of Securities on the Stock Exchange relating to the appointment of Dr. Chung as an independent non-executive Director and there is no other matter that needs to be brought to the attention of the shareholders of the Company.
The Board would like to extend a warm welcome to Dr. Chung on joining the Company. The Board also takes this opportunity to acknowledge the invaluable contributions of Dr. Chang to the Company.
By order of the Board

Fujikon Industrial Holdings Limited Yeung Chi Hung, Johnny Chairman

Hong Kong, 28 March 2014

As at the date of this announcement, the Board comprises Mr. Yeung Chi Hung, Johnny (Chairman and Chief Executive Officer), Mr. Yuen Yee Sai, Simon, Mr. Chow Man Yan, Michael, Mr. Yuen Chi King, Wyman, Mr. Yeung Siu Chung, Ben and Ms. Chow Lai Fung as Executive Directors; Dr. Chang Chu Cheng, Mr. Che Wai Hang, Allen and Mr. Lee Yiu Pun as Independent Non-executive Directors.

* for identification purposes only

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