Asia Energy Logistics : Announcements and Notices - Resignations of Executive Director and Non-executive Director and Change of Authorized Representative

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ASIA ENERGY LOGISTICS GROUP LIMITED

亞 洲 能 源 物 流 集 團 有 限 公 司

(Incorporated in Hong Kong with limited liability)

(Stock Code: 351) RESIGNATIONS OF EXECUTIVE DIRECTOR AND NON-EXECUTIVE DIRECTOR AND CHANGE OF AUTHORIZED REPRESENTATIVE

The Board wishes to announce that with effect from 31 August 2016:

1. Ms. Yu Sau Lai has resigned as an Executive Director and the authorized representative of the Company;

2. Ms. Sun Wei has resigned as an Non-Executive Director of the Company; and

3. Mr. Liang Jun, an Executive Director and a member of the Remuneration Committee, has been appointed as the authorized representative of the Company.

RESIGNATIONS OF EXECUTIVE DIRECTOR AND NON-EXECUTIVE DIRECTOR

The board (the "Board") of directors (the "Directors") of Asia Energy Logistics Group Limited (the "Company") wishes to announce that Ms. Yu Sau Lai ("Ms. Yu") and Ms. Sun Wei ("Ms. Sun") have tendered their resignations as an Executive Director and a Non-Executive Director of the Company effective from 31 August 2016 as they would like to devote more time for their other business commitments that require more of their dedications of time and attention.

Both Ms. Yu and Ms. Sun have confirmed that they have no disagreement with the Board and there are no matters in relation to their resignations that need to be brought to the attention of the shareholders of the Company.

The Board would like to express its sincere gratitude to Ms. Yu and Ms. Sun for their valuable contributions to the Company during their tenure.

CHANGE OF AUTHORIZED REPRESENTATIVE

The Board further announces that Mr. Liang Jun, an Executive Director and a member of the Remuneration Committee, has been appointed as the authorized representative of the Company in place of Ms. Yu with effect from 31 August 2016.

By order of the Board

Asia Energy Logistics Group Limited Liang Jun

Executive Director

31 August 2016

As at the date of this announcement, the executive directors of the Company are Mr. Liang Jun, Mr. Fung Ka Keung, David, Mr. Tse On Kin, Mr. Fu Yong Yuan and Mr. Lin Wenqing; the non-executive director of the Company is Mr. Yu Baodong (Chairman); and the independent non-executive directors of the Company are Mr. Chan Chi Yuen, Professor Sit Fung Shuen, Victor and Mr. Siu Miu Man.