The board of directors of Computime Group Limited announced the following changes in the Board composition and other offices of the company with effect from 8 October 2012. Ms. Choi Po Yee, Alice has tendered her resignation as an executive director, the chief operating officer, an authorised representative of the Company and an authorised person to accept service of process and notices on the Company's behalf in Hong Kong as required under Rule 19.05(2) of the Listing Rules with effect from 8 October 2012. Ms. Alice Choi is resigning in order to pursue other ventures.

The Board further announced that Dr. Owyang King, an Executive Director and the Chief Executive Officer of the Company, has been appointed as the Authorised Representative and the Agent to accept service of process and notices on the company's behalf in Hong Kong with effect from 8 October 2012.