Central Development Holdings Limited — Board/Management Information 2012

Jul 20, 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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CHINA RESOURCES AND TRANSPORTATION GROUP LIMITED 中國資源交通集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 269)

RESIGNATION OF NON-EXECUTIVE DIRECTOR

The Board announces that Mr. Neil Bush resigned as a Non-executive Director of the Company with effect from 20 July 2012.

The Board of Directors (the “Board”) of China Resources and Transportation Group Limited (the “Company”) announces that Mr. Neil Bush (“Mr. Bush”) has resigned from the position of Non-executive Director of the Company today with effect from 20 July 2012.

Mr. Bush has taken this decision due to the increased commitment on his own business. Mr. Bush confirmed that he has no disagreement with the Board and there is no matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited.

The Board would like to express its sincere gratitude to Mr. Bush for his valuable contribution to, and efforts for, the Company during his term of service.

By Order of the Board

China Resources and Transportation Group Limited Cao Zhong

Chairman

Hong Kong, 20 July 2012

As at the date of this announcement, the Board comprises four executive directors, Messrs. Cao Zhong, Fung Tsun Pong, Duan Jingquan and Tsang Kam Ching, David; and three independent non-executive directors, Messrs. Yip Tak On, Jing Baoli and Bao Liang Ming.