The board of directors of Tristate Holdings 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. James Christopher KRALIK, an Independent Non-Executive Director, will be appointed as chairman of the Remuneration Committee of the company in place of Ms. MAK WANG Wing Yee, Winnie with effect from April 1, 2012. Ms. MAK WANG Wing Yee, Winnie will remain as a member of the Remuneration Committee.