The board of directors of Universal Technologies Holdings Ltd. announced that on March 29, 2012, the board has established a nomination committee. The members of the nomination committee shall comprise such directors of the company appointed by the board. The board has appointed Mr. Meng Lihui, Mr. Fong Heung Sang, Dr. Cheung Wai Bun, Charles J.P., all of whom are independent non-executive directors of the company, as members of the nomination committee and Mr. Meng Lihui has been appointed and shall act as the chairman of the nomination committee.