JD Logistics, Inc. — Board/Management Information 2010

Oct 6, 2010

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.

==> picture [345 x 131] intentionally omitted <==

(Stock Code: 1172)

APPOINTMENT OF AN EXECUTIVE DIRECTOR

The board of the directors (the “Board”) of Midas International Holdings Limited (the “Company”) announces that Miss Chuang Ka Wai, Candy (“Miss Chuang”) has been appointed as an Executive Director of the Company with effect from 6 October, 2010.

The Board of the Company is pleased to announce that Miss Chuang has been appointed as an Executive Director of the Company with effect from 6 October, 2010.

Miss Chuang, aged 29, has over 6 years of experience in general management, marketing and property development in the People’s Republic of China. She is an executive director of Chuang’s China Investments Limited (“CChina”), a subsidiary of Chuang’s Consortium International Limited (“CCIL”) which is the controlling shareholder of the Company. The shares of both CCIL and CChina are listed on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”). Miss Chuang is the daughter of Mr. Chuang Shaw Swee, Alan, a controlling shareholder and the Chairman of CCIL and the sister of Mr. Chuang Ka Pun, Albert, an executive director of each of CCIL, CChina and the Company. She is a member of The Chinese People’s Political Consultative Conference, Xiamen Committee, Beijing Youth Federation, Fujian Youth Federation, Xiamen Overseas Friendship Association, The Y. Elites Association Limited and Hong Kong United Youth Association.

There is no service contract executed by the Company with Miss Chuang nor any specified length or proposed length of service with the Company in respect of the aforesaid appointment. Pursuant to the Articles of Association (the “Articles”) of the Company, Miss Chuang will hold office until the first general meeting of the Company after her appointment and will be eligible for re-election at such meeting. Miss Chuang will be subject to retirement and reelection at least once every 3 years in accordance with the Code on Corporate Governance Practices (Appendix 14) of the Rules Governing the Listing of Securities (the “Listing Rules”)

• For identification purposes only

– 1 –

on the Stock Exchange and the Articles of the Company. The director’s fee to be entitled by Miss Chuang will be HK$20,000 per annum, subject to adjustment as appropriate to be determined by the Board. As at the date of this announcement, Miss Chuang does not have any interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance. Except mentioned above, Miss Chuang has no relationships with any directors, senior management or substantial or controlling shareholder of the Company. There is no information required to be disclosed pursuant to any of the requirements of Rule 13.51 (2)(h) to (v) of the Listing Rules and no matter needs to be brought to the attention of the shareholders of the Company.

The Board takes this opportunity to welcome Miss Chuang.

By Order of the Board of Midas International Holdings Limited Hung Ting Ho, Richard Chairman and Managing Director

Hong Kong, 6 October, 2010

As at the date of this announcement, Mr. Hung Ting Ho, Richard, Mr. Kwok Chi Fai, Mr. Chuang Ka Pun, Albert and Miss Chuang Ka Wai, Candy are Executive Directors, Mr. Dominic Lai is a Non-Executive Director, Mr. Shek Lai Him, Abraham, Dr. Li Sau Hung, Eddy and Mr. Yau Chi Ming are Independent Non-Executive Directors of the Company.

– 2 –