Persistence Gold Group Ltd — Board/Management Information 2007

Jun 8, 2007

APAC RESOURCES LIMITED

(Incorporated in Bermuda with limited liability)

(Stock code: 1104)

RESIGNATION OF DIRECTOR

The board of directors (the “Board”) of APAC Resources Limited (the “Company”) announces that Mr. Michael Joseph Bogue (“Mr. Bogue”) has tendered his resignation as an executive director of the Company on 5 June 2007 due to personal reasons and the Board accept his resignation on 8 June 2007.

Mr. Bogue has confirmed that he has no disagreement with the Board and there are no matters that need to be brought to the attention of the shareholders of the Company in relation to his resignation.

The Board would like to express sincere appreciation to Mr. Bogue for his valuable contribution to the Company during his tenure of service.

By Order of the Board APAC RESOURCES LIMITED Cao Zhong Chairman

Hong Kong, 8 June 2007

As at the date of this announcement, the Board comprises (after the resignation of Mr. Michael Joseph Bogue) Mr. Cao Zhong (Chairman), Mr. Lau Yau Cheung (Chief Executive Officer), Mr. Yue Jialin, being the executive Directors, Mr. Liu Yongshun and Mr. Zhou Luyong, being the non-executive Directors and Mr. Wong Wing Kuen, Albert, Mr. Tsui Robert Che Kwong and Mr. Yang Weiming being the independent non-executive Directors.

* For identification purpose only

Please also refer to the published version of this announcement in The Standard.

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