Persistence Gold Group Ltd — AGM Information 2008

Apr 29, 2008

APAC RESOURCES LIMITED 亞太資源有限公司[*]

(Incorporated in Bermuda with limited liability)

(Stock code: 1104)

FORM OF PROXY FOR ANNUAL GENERAL MEETING (OR ANY ADJOURNMENT THEREOF)

I/We[1]

of

being the registered holder(s) of[2] shares of HK$0.10 each in the capital of abovenamed company (the “Company”), HEREBY APPOINT[3] the Chairman of the meeting or failing him

of

as my/our proxy to attend and vote for me/us and on my/our behalf at the annual general meeting and at any adjournment thereof (the “Meeting”) of the Company to be held at 7th Floor, Board Room, The Dynasty Club, South West Tower, Convention Plaza, 1 Harbour Road, Wanchai, Hong Kong on Friday, 6 June 2008 at 4:00 p.m. for the purpose of considering and, if thought fit, passing the under-mentioned ordinary resolutions as set out in the notice convening the Meeting (the “Notice”) in the manner as hereunder indicated, and, if no such indication is given, as my/our proxy thinks fit.

					ORDINARY RESOLUTIONS	ORDINARY RESOLUTIONS	ORDINARY RESOLUTIONS	ORDINARY RESOLUTIONS			FOR(4)	FOR(4)		AGAINST(4)	AGAINST(4)
		1.		To	receive and adopt the audited financial statements and the reports of the Directors and
				auditors of the Company for the		year ended 31 December 2007.
		2.		(a)	To re-elect the following Directors:
					i.Mr. Cao Zhong
					ii.Mr. Liu Yongshun
					iii.Mr. Zhou Luyong
					iv.Ms. Chong Sok Un
					v.Mr. Chen Zhaoqiang
					vi.Mr. Wong Wing Kuen, Albert
					vii.Mr. Chang Chu Fai, Johnson Francis
					viii. Mr. Alan Stephen Jones
					ix.Mr. Robert Moyse Willcocks
				(b)	To authorize the board of Directors of the Company to fix the directors’
					remuneration.
		3.		To	re-appoint Graham H.Y. Chan &		Co. as auditors of	the Company and authorize the
					board of Directors of the Company to fix their remuneration.
		4.		To	grant a general mandate to the Directors to issue securities.
		5.		To	grant a general mandate to the Directors to repurchase securities.
		6.		To	extend the general mandate to the Directors to issue securities by the number of
					shares of the Company repurchased.
		7.		To	extend the general mandate to the Directors to issue securities by the number of
					warrants of the Company repurchased.
		8.		To	renew the 10% mandate limit on		grant of options under the share option scheme of the
					Company.
		Dated thisday				of		2008.Signature(s)5

Notes:

1. Full name(s) and address(es) to be inserted in BLOCK CAPITALS .

2. Please insert the number of shares registered in your name(s). If no number is inserted, this form of proxy will be deemed to relate to all the shares in the capital of the Company registered in your name(s).

3. If any proxy other than the Chairman of the Meeting is preferred, delete the words “the Chairman of the meeting or failing him” and insert the name and address of the proxy desired in the space provided. ANY ALTERATION MADE TO THIS FORM OF PROXY MUST BE INITIALLED BY THE PERSON WHO SIGNS IT.

4. IMPORTANT: IF YOU WISH TO VOTE FOR ANY RESOLUTION, TICK THE BOX MARKED “FOR”. IF YOU WISH TO VOTE AGAINST ANY RESOLUTION, TICK THE BOX MARKED “AGAINST” . Failure to tick a box will entitle your proxy to cast your vote at his/her discretion. Your proxy will also be entitled to vote at his/her discretion on any resolution properly put to the Meeting other than those referred to in the notice convening the Meeting.

5. This form of proxy must be signed by you or your attorney duly authorised in writing or, in the case of a corporation, must either be executed under its common seal or under the hand of an officer or other person duly authorised.

6. To be valid, this form of proxy, together with the power of attorney or other authority (if any) under which it is signed or a notarially certified copy of such power or authority, must be deposited at the Hong Kong Branch Share Registrar of the Company, Tricor Secretaries Limited, 26th Floor, Tesbury Centre, 28 Queen’s Road East, Wanchai, Hong Kong not less than 48 hours before the time appointed for holding the Meeting or any adjournment thereof (as the case may be).

7. Where there are joint registered holders of any share, any one of such persons may vote at the Meeting, either personally or by proxy, in respect of such share as if he were solely entitled thereto, but if more than one of such joint holders be present at the Meeting, personally or by proxy, that one of the said persons so present whose name stands first on the register of members of the Company in respect of such share shall alone be entitled to vote in respect thereof.

8. Any member entitled to attend and vote at the Meeting shall be entitled to appoint another person as his/her proxy to attend and vote instead of him/her. The proxy need not be a member of the Company but must attend the Meeting in person to represent you.

9. Completion and deposit of the form of proxy will not preclude you from attending and voting at the Meeting if you so wish. If you attend and vote at the Meeting, the authority of your proxy will be deemed to have been revoked.

* For identification purpose only