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Xiao Nan Guo Restaurants Holdings Limited

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 3666) RESIGNATION OF DIRECTOR

The Board announces that Mr. Chen Anjie has resigned as an independent non-executive
Director with effect from 17 January 2014.

RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The board (the "Board") of directors (the "Directors" and each a "Director") of Xiao Nan Guo Restaurants Holdings Limited (the "Company", together with its subsidiaries, the "Group") announces that Mr. Chen Anjie ("Mr. Chen") has resigned as an independent non-executive Director of the Company with effect from 17 January 2014 as he needs more time to deal with his personal matters.
Mr. Chen has confirmed that he has no disagreement with the Board and there is no other matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company.
The Board would like to express its sincere appreciation to Mr. Chen for his contribution to the
Group during his tenure of office.
By order of the Board

Xiao Nan Guo Restaurants Holdings Limited WANG Huimin

Chairlady

Shanghai, the People's Republic of China, 17 January 2014

As at the date of this announcement, the executive Directors of the Company are Ms. WANG Huimin, Ms. WU Wen and Mr. KANG Jie; the non-executive Directors of the Company are Ms. WANG Huili, Mr. WENG Xiangwei and Mr. WANG Hairong; and the independent non-executive Directors of the Company are Mr. TSANG Henry Yuk Wong, Mr. WANG Chiwei and Mr. WANG Yu.

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