The board of directors of Hosa International Limited announced that in order to comply with the forthcoming amendments to the rules governing the listing of securities on The Stock Exchange of Hong Kong Limited which will be effective on April 1, 2012: Mr. Zeng Shaoxiong, an executive Director, has ceased to be the chairman of the nomination committee of the Board and Mr. Yao Ge, an independent non-executive Director, has been appointed as the chairman of the Nomination Committee, with effect from March 28, 2012. Mr. Zeng Shaoxiong remains as a member of the Nomination Committee; and Mr. Zhao Yan, an executive Director, has ceased to be the chairman of the remuneration committee of the Board and Mr. Yao Ge, an independent non-executive Director, has been appointed as the chairman of the Remuneration Committee, with effect from March 28, 2012. Mr. Zhao Yan remains as a member of the Remuneration Committee.