APC Group Inc. advised that in view of the reduction in the number of company's directors from eleven to seven as approved by the Securities and Exchange Commission on December 14, 2012, the directors have tendered their resignations, effective January 15, 2013: Arthur A. Sy, Elizabeth Anne C. Uychaco, Rogelio R. Cabuñag, Manuel A. Gana and Jerry C. Tiu.