China Food Company Plc : 19 September 2013 - Executive Director Appointment

Press Release 19 September 2013 China Food Company Plc

("China Food", the "Company" or the "Group")

Appointment of Executive Director to the Board

China Food Company Plc (AIM:CFC), the leading Chinese manufacturer of cooking and dipping sauces, is pleased to announce the appointment of Fung Shek ("Jeffrey") LEE to the Board of the Company as Managing Director (Condiments), with effect from 16 October 2013.
Jeffrey brings to the Board significant sales and distribution experience with branded consumer companies in Greater China, South East Asia and the Middle East. He was the Managing Director, North Asia and Pacific Region, of Lee Kum Kee (International) Trading Limited., an established market leader of Chinese cooking sauces with annual turnover of over US$600 million. Jeffrey, who is from Shandong province and speaks English, Mandarin and Cantonese, will provide considerable expertise and support to the existing management team.
Before his role at Lee Kum Kee, Jeffrey was the Head of Sales & Distribution for China and Hong Kong for Phillip Morris Asia Limited. Jeffrey holds a BA (Hons) in Language and Communication from Hong Kong Polytechnic University and a MSc in International Business from the Chinese University of Hong Kong.
John McLean, Chairman of China Food, said: "We are pleased to welcome Jeffrey to the Company, as he has considerable and highly relevant experience that he will bring to the Board at this exciting stage in China Food's development. His appointment, which follows the recent appointments of Daniel Saw as Non-Executive Director and Ricky Mak King Pui as Chief Financial Officer, further strengthens the team considerably. We look forward to Jeffrey's input to further drive the business forward."
Fung Shek LEE, aged 44, is a director/partner or has been a director/partner of the following companies/partnerships during the previous five years:
Lee Kum Kee (International) Trading Ltd
Lee Kum Kee (Malaysia) Sdn Bhd
Save for the information disclosed above there is no other information to be disclosed on Fung Shek LEE under Schedule 2(g) of the AIM Rules.

- Ends - For further information: China Food Company Plc

John McLean, Chairman Tel: [phone] www.chinafoodcompany.com

Numis

David Poutney - Head of Corporate Broking Tel: [phone]

finnCap (Nomad)

Geoff Nash / Ben Thompson (Corporate Finance) Tel: [phone]
Simon Starr (Broking)

Media enquiries: Abchurch Communications

Henry Harrison-Topham / Joanne Shears Tel: [phone] [e-mail] www.abchurch-group.com

Notes to Editors:

China Food is a well-established food manufacturing business based in Shandong province in the People's Republic of China, a region with a population of circa 94 million. A recent report identified Shandong province as one of the five most attractive 'city clusters' in China, due to the high number of large cities in the province*. The Group manufactures numerous different product lines including soya sauce and bean paste, all targeting the Chinese domestic market, and sold through a network of distributors and outlets of supermarket chains in the north-eastern region of the PRC, such as Walmart, Carrefour and Jialejia.
The Chinese sauces, dressings and condiments market is expected to be worth CNY115 billion (US$15 billion) by 2013, driven by Chinese population growth and economic prosperity. The Chinese domestic market is rapidly expanding, and the Group is well positioned to benefit from China's demographic growth and increased urbanisation.
The Group's operations are highly scalable and able to support further growth, and with net assets of £32 million (as at 31 December 2012), the prospects for China Food are strong. Further information on China Food Company can be found at www.chinafoodcompany.com .