Sevens Atelier Limited announced cessation of Wu Yu Liang as Independent Director NC Chairman, RC Chairman and AC Member of the Company. Mr. Wu has been with the Company since March 2009. His resignation is to allow for renewal of the Board of the Company.

After having interviewed Mr. Wu and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd. is satisfied that save as disclosed in this announcement, there are no other material reasons for the resignation of Mr. Wu as the Company's Independent Non-Executive Director.