Persistence Gold Group Ltd — Board/Management Information 2007

Oct 2, 2007

APAC RESOURCES LIMITED

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(Incorporated in Bermuda with limited liability)

(Stock code: 1104)

CHANGE OF COMPANY SECRETARY

The board of directors (the “Board”) of APAC Resources Limited (the “Company”) announces that:

• 1. due to busy engagements on finance and accounting responsibilities, Mr. To Yung Kan (“Mr. To”) resigned as company secretary of the Company with effect from 2 October 2007; and
• 1. Miss Chan Wai Ming (“Miss Chan”) was appointed as company secretary of the Company with effect from 2 October 2007. Miss Chan is an associate member of The Hong Kong Institute of Chartered Secretaries and The Institute of Chartered Secretaries and Administrators.

The Company confirms that there are no other matters in relation to Mr. To’s resignation that need to be brought to the attention of the shareholders of the Company. Mr. To continues to act as the qualified accountant of the Company. The Board would like to take this opportunity to express its appreciation for Mr. To’s valuable contribution to the Company during his tenure of office as company secretary.

The Board would like to welcome Miss Chan to the new position.

By Order of the Board APAC Resources Limited Cao Zhong Chairman

Hong Kong, 2 October 2007

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As at the date of this announcement, the directors of the Company are:

Executive Directors:

Mr. Cao Zhong ( Chairman ), Mr. Liu Yongshun ( Chief Executive Officer ), Mr. Zhou Luyong ( Deputy Chief Executive Officer ), Ms. Chong Sok Un, Mr. Lau Yau Cheung, Mr. Chen Zhaoqiang and Mr. Yue Jialin

Independent Non-Executive Directors

Mr. Wong Wing Kuen, Albert, Mr. Tsui Robert Che Kwong, Mr. Chang Chu Fai, Johnson Francis, Mr. Alan Stephen Jones and Mr. Robert Moyse Willcocks

• For identification purpose only

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