Persistence Gold Group Ltd — Board/Management Information 2007

Sep 10, 2007

APAC RESOURCES LIMITED

(Incorporated in Bermuda with limited liability)

(Stock code: 1104)

REDESIGNATION OF DIRECTOR

Reference is made to the announcement of APAC Resources Limited (the “Company”) dated 7th September 2007 (the “Announcement”) in relation to the redesignation of Mr. Chen Zhaoqiang (“Mr. Chen”) as an executive director of the Company.

According to the service contract between the Company and Mr. Chen, he is entitled to receive a remuneration of HK$150,000 payable monthly with reference to his duties and responsibilities of the Company and the prevailing market conditions. Save as disclosed in the Announcement, Mr. Chen did not hold directorships in any other listed public companies in Hong Kong or any positions with the Company or any of its subsidiaries in the last three years.

By Order of the Board APAC RESOURCES LIMITED To Yung Kan Company Secretary

Hong Kong, 10th September 2007

As at the date of this announcement, the directors 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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