Sing Tao News Corp. Ltd. announced that Mr. Lo Wing Hung will resign from the post of Chief Executive Officer of the company with effect from October 1, 2013 to pursue, in his personal capacity, new business opportunities in internet and mobile media. Mr. Lo will remain as an Executive Director of the company and will continue to ultilize his experience in the media industry on the Group's strategic development, especially that of Sing Tao Daily and Headline Daily.

He will also continue his role as a member of the remuneration committee and the nomination committee of the company. The Board further announced that Mr. Siu Sai Wo will be appointed as the Chief Executive Officer of the company with effect from October 1, 2013. He has been with the Group for more than 14 years and is currently the Chief Editor and Chief Executive Officer of Sing Tao Daily and Headline Daily.