The board of directors of Newton Resources Ltd. announced that with effect from the conclusion of the annual general meeting of the company held on 23 May 2012, Mr. Tsang Yam Pui retired as a non-executive director of the company and the chairman of the doard as he would like to concentrate on his roles as an executive director of NWS Holdings Limited. Following his retirement, he also ceased to be a member of each of the nomination committee and remuneration committee of the company. The Board is also pleased to announce that Dr. Cheng Kar Shun ("Dr. Cheng") has been appointed as a NED and the chairman of the Board by the shareholders of the Company at the 2012 AGM with effect from the conclusion of the AGM to fill the vacancies arising from the retirement of Mr. Tsang.