G-Resources Group Limited — Board/Management Information 2012

Jun 28, 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.

PALADIN LIMITED

(Incorporated in Bermuda with limited liability)

(Stock code: 495 and 642 (Preference Shares))

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND MEMBER OF AUDIT COMMITTEE

The Board is pleased to announce that Prof. Huang Weizong Martin was appointed as the independent non-executive director and a member of the audit committee with effect from 28 June 2012.

The board (the “Board”) of directors of Paladin Limited (the “Company”) is pleased to announce that Prof. Huang Weizong Martin was appointed as the independent nonexecutive director and a member of the audit committee with effect from 28 June 2012.

Prof. Huang, aged 52, obtained Doctor of Philosophy in Chinese and Comparative Literature from Washington University in 1991. He is currently a professor of Department of East Asian Languages and Literatures in the University of California, Irvine. Prof. Huang was also the Department Chair of the Department of East Asian Languages and Literatures in the University of California, Irvine from 2008 to 2011.

Prof. Huang does not hold any other position in the Company or any of its subsidiaries nor did Prof. Huang hold any directorship in any other listed public company in the last three years. Prof. Huang does not have any relationship with any other directors, senior management, or substantial or controlling shareholders of the Company. As at the date of this announcement, Prof. Huang does not have, and is not deemed to have, any interests or short positions in any shares, underlying shares or debentures (as defined under Part XV of the Securities and Futures Ordinance, Chapter 571 of the Laws of Hong Kong) of the Company.

There is currently no service contract entered into between the Company and Prof. Huang and he will hold office until the next annual general meeting of the Company and thereafter shall be subject to retirement by rotation and re-election at the annual general meeting of the Company in accordance with the bye-laws of the Company. The remuneration of Prof. Huang will be determined with reference to his duties and responsibilities to be decided at a later date by the Board.

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Save as disclosed above and as far as the Board is aware, there is no other information which is required to be disclosed pursuant to Rules 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on the Stock Exchange nor are there any other matters that is in relation to the appointment of Prof. Huang that need to be brought to the attention of the shareholders of the Company.

By order of the board of Paladin Limited Law Fong Chairman

Hong Kong, 28 June 2012

As at the date of this announcement, the board of directors of Paladin comprises:

Law Fong (Executive director)

Chen Te Kuang Mike (Executive director) Oung Shih Hua, James (Non-executive director) Zhu Pei Qing (Independent non-executive director) Lu Ti Fen (Independent non-executive director) Kwok Wai Chi (Independent non-executive director)

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