The board of directors of Nine Dragons Paper (Holdings) Ltd. announced that Mr. Fok Kwong Man and Mr. Ng Leung Sing have been appointed as independent non-executive directors of the company with effect from March 3, 2013. Mr. Chung Shui Ming, Timpson retired as an independent non-executive director and Ms. Gao Jing resigned as an executive director of the company with effect from March 3, 2013. Mr. FOK Kwong Man has been appointed as an independent non-executive director of the company and a member of each of the Nomination Committee and the Corporate Governance Committee of the Board.

Mr. NG Leung Sing has been appointed as an independent non-executive director of the Company and a member of each of the Audit Committee and the Remuneration Committee of the Board.