The Board of Directors of Water Oasis Group Ltd. announced that a disclosure committee has been established by the Board in order to enhance timely disclosure of inside information as defined under the Securities and Futures Ordinance with written terms of reference with effect from 10th January, 2013. Mr. Yu Kam Shui, Erastus, who is the executive director and acting chief executive officer of the company, has been appointed as the chairman of the Disclosure Committee. Prof. Wong Lung Tak, Patrick, B.B.S., J.P., Mr. Wong Chun Nam, Duffy, J.P., Dr. Wong Chi Keung, the independent non-executive directors of the company, have also been appointed as members of the Disclosure Committee.