The board of directors of China Electric Power Technology Holdings Limited announced that Mr. Wang Dongbin has been re-designated from an executive director to a non-executive director of the company, from a chief executive officer of the company to a senior advisor of a subsidiary of the company with effect from April 1, 2012. Mr. Wang Dongbin, has been appointed as an executive director and chief executive officer from November 28, 2007. He graduated from Tsinghua University in 1992 with a master's degree in applied physics. Mr. Wang has over 14 years' experience in the investment business. Mr. Wang has not held any other directorship in any other listed public company in the last three years. Mr. Wang has been re-designated as a non-executive director of the company and a senior advisor of a subsidiary of the company for one year commencing from April 1, 2012. Mr. Wang's service as a director of the company is subject at all times to Articles of Association of the company.