The board of directors of Excel Technology International Holdings Ltd. announced that in order to comply with the forthcoming amendments to the Rules Governing the Listing of Securities on the GEM of The Stock Exchange of Hong Kong Limited which will be effective on April 1, 2012 Mrs. Zee Chan Mei Chu, Peggy ceased to be the chairman of the remuneration committee of the Company and Mr. Cheong Ying Chew, Henry has been appointed as the chairman of the Remuneration Committee with effect from 2 March 202. The members of the Remuneration Committee remain unchanged. The Board has appointed Ms. Wong Mee Chun (an independent non-executive Director), Mr. Cheong Ying Chew, Henry (an independent non-executive Director) and Ms. Leung Lucy, Michele (an executive Director) as members of the Nomination Committee and Ms. Wong Mee Chun has been appointed as the chairman of the Nomination Committee.