The board of directors of Prosperity Investment Holdings Ltd. announced that in order to comply with the amendments to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, the chairman of the remuneration committee of the company has changed with effect from March 28, 2012 and the nomination committee of the company has been established with effect from March 28, 2012. Mr. Lau Tom Ko Yuen ceased to be the chairman and remained as a member of the remuneration committee and Mr. Feng Nien Shu has been appointed as the chairman of the remuneration committee, both with effect from 28 March 2012. A nomination committee comprising Mr. Cheng Hairong as chairman and Mr. Feng Nien Shu and Ms. Wong Lai Kin, Elsa as members has been established by the Board with written terms of reference with effect from March 28, 2012.