The board of directors of Dynasty Fine Wines Group Ltd. announced the establishment of a nomination committee on 29 March 2012. Mr. Bai Zhisheng, chairman of the Board, Dr. Hui Ho Ming, Herbert and Mr. Yeung Ting Lap Derek Emory, independent non-executive directors, have been appointed as members of the Nomination Committee and Mr. Bai Zhisheng has been appointed as the chairman of the Nomination Committee with effect from 29 March 2012.