Jade Power Trust (Jade Power or the Trust) announced changes to the composition of the board of directors of Jade Power Administrator Inc. (the Administrator), administrator of the Trust, and management of the Trust. J. Colter Eadie, Chief Executive Officer of the Administrator, and Ravi Sood, Chairman of the Administrator, have resigned from all of their director and officer positions with each of the entities within the Jade Power organization (collectively, the Jade Affiliates) and Gabriel Mihai has resigned as a director of the Administrator. As a result of such resignations, David Barclay, a director of the Administrator, has been appointed as Chief Executive Officer of the Administrator and each of David Barclay and John Huxley have been appointed as directors and officers of the Jade Affiliates to replace Messrs.

Eadie and Sood as applicable.