Austock Group Limited appointed Mr. Eric Bar and Mr. John Wheeler as non-executive directors of the Company, effective immediately. Eric Barr is an independent, non-executive director of Austock Life Limited and Chairman of its Risk and Compliance Commit ee. He has had a long and distinguished career at PwC and is an experienced public company director. John Wheeler is Austock Group's former CEO and is a substantial shareholder of the company. He has significant experience in investment markets, corporate finance and sales and distribution. Mr. George Beaumont has decided to step down as an independent non-executive director of the Company and its subsidiary entities.