Ascletis Pharma Inc. — Board/Management Information 2012

Mar 29, 2012

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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世 界 ( 集 團 ) 有 限 公 司 WORLD HOUSEWARE (HOLDINGS) LIMITED

(Incorporated in the Cayman Islands with limited liability) (Stock Code: 713)

CHANGE OF CHAIRMAN OF

THE REMUNERATION COMMITTEE

The board of directors (the “Board”) of World Houseware (Holdings) Limited (the “Company”) is pleased to announce that in order to comply with the forthcoming amendments to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited which will be effective on 1 April 2012, Mr. Lee Tat Hing, the Executive Director of the Company, has ceased to be the chairman of the Remuneration Committee of the Company (“Remuneration Committee”) but remains as a member of the Remuneration Committee and Mr. Tsui Chi Him Steve, an Independent Non-executive Director of the Company who is an existing member of the Remuneration Committee, has been appointed as the chairman of the Remuneration Committee with effect from 29 March 2012.

By Order of the Board Lee Tat Hing Chairman

Hong Kong, 29 March 2012

As at the date of this announcement, the executive directors of the Company are Mr. Lee Tat Hing, Madam Fung Mei Po, Mr. Lee Chun Sing, Mr. Lee Pak Tung and Madam Chan Lai Kuen Anita; the non-executive director of the Company is Mr. Cheung Tze Man Edward; the independent non-executive directors of the Company are Mr. Tsui Chi Him Steve, Mr. Hui Chi Kuen Thomas and Mr. Ho Tak Kay.