ICO Group Limited — Board/Management Information 2011

May 23, 2011

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.

(Incorporated in Bermuda with limited liability)

(Stock Code : 630)

RESIGNATION OF EXECUTIVE DIRECTORS

The Board of the Company announces that Mr. Ma Bo Ping and Mr. Zhou Yu Sheng have resigned as Executive Directors of the Company with effect from 23 May 2011.

The board of directors (the “Board”) of Guojin Resources Holdings Limited (the “Company”) announces that Mr. Ma Bo Ping (“Mr. Ma”) and Mr. Zhou Yu Sheng (“Mr. Zhou”) have resigned as Executive Directors of the Company with effect from 23 May 2011.

Both Mr. Ma and Mr. Zhou have confirmed that they have no disagreement with the Board and there is no matter in relation to their resignation that needs to be brought to the attention of the shareholders of the Company.

The Board would like to express its sincere gratitude to Mr. Ma and Mr. Zhou for their valuable contributions to the Company during their tenure of office.

By order of the Board Guojin Resources Holdings Limited Yip Wai Lun, Alvin Chairman and Managing Director

Hong Kong, 23 May 2011

As at the date of this announcement, Mr. Yip Wai Lun, Alvin, Ms. Lam Suk Ling, Shirley and Mr. Lee Cheuk Yin, Dannis are the Executive Directors and Mr. Leung Ka Kui, Johnny, Mr. Chan Kam Kwan, Jason and Mr. Lau Man Tak are the Independent Non-executive Directors.

• For identification purposes only

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