MOBI Development Co., Ltd. — Board/Management Information 2011

May 13, 2011

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MOBI Development Co., Ltd. 摩比發展有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 00947)

CHANGE OF COMPANY SECRETARY AND AUTHORIZED REPRESENTATIVE

The board of directors (the “Board”) of MOBI Development Co., Ltd (the “Company”) hereby announces that Mr. Lee Wai Kuen has resigned as the company secretary and authorized representative of the Company with effect from 14 May 2011. The Board further announces that Mr. Lau Wing has been appointed as the company secretary and authorized representative of the Company with effect from 14 May 2011.

The Board of the Company hereby announces that Mr. Lee Wai Kuen (“Mr. Lee”) has resigned as the company secretary and authorized representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities (the “Listing Rules”) on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) and authorized representative of the Company under Part XI of the Hong Kong Companies Ordinance with effect from 14 May 2011 for personal development. Mr. Lee has confirmed that he has no disagreement with the Board and there is no matter that needs to be brought to the attention of the Stock Exchange and the shareholders of the Company.

The Board further announces that Mr. Lau Wing (“Mr. Lau”) has been appointed as the company secretary, authorized representative of the Company under Rule 3.05 of the Listing Rules and authorized representative of the Company under Part XI of the Hong Kong Companies Ordinance with effect from 14 May 2011. Mr. Lau, aged 38, has over 15 years of experience in auditing, accounting and company secretarial matters. Mr. Lau holds a bachelor degree in accountancy from the Hong Kong Polytechnic University and a master degree in business administration. He is a Certified Public Accountant of the Hong Kong Institute of Certified Public Accountants and a fellow member of the Association of Chartered Certified Accountants.

The Board would like to extend its welcome to Mr. Lau on joining the Company and would like to take this opportunity to express its gratitude to Mr. Lee for his valuable contribution to the Company during his tenure of service.

By order of the Board of Directors MOBI Development Co., Ltd. HU Xiang Chairman

Hong Kong, 13 May 2011

As at the date of this announcement, the executive Directors are Mr. HU Xiang, Mr. WANG Guoying; the non-executive Directors are Mr. QU Deqian, Mr. XING Qibin, Mr. YAN Andrew Y., Mr. YANG Dong; and the independent non-executive Directors are Mr. LI Tianshu, Mr. ZHANG Han and Mr. BAO Fan.