Persistence Gold Group Ltd — Board/Management Information 2011

Dec 6, 2011

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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**APAC RESOURCES LIMITED ***

(Incorporated in Bermuda with limited liability) (Stock Code: 1104)

CHANGE OF COMPANY SECRETARY AND AUTHORISED REPRESENTATIVE

The board of directors (the “ Board ”) of APAC Resources Limited (the “ Company ”) announces that Mr. Wong Wai Keung, Frederick (“ Mr. Wong ”) has resigned as the company secretary of the Company and the authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“ Listing Rules ”) and under Part XI of the Companies Ordinance (Chapter 32 of the Laws of Hong Kong)(“ Company Ordinance ”)(being an agent authorised to accept on behalf of the Company service of process and notices in Hong Kong) with effect from 6 December 2011. Mr. Wong has confirmed that he has no disagreement with the Board and that there are no matters in relation to his resignation that need to be brought to the attention of the shareholders of the Company. Mr. Wong will remain as the chief financial officer of the Company.

The Board is pleased to announce that Ms. Chan Suk Mei (“ Ms. Chan ”) has been appointed as the company secretary of the Company and the authorised representative of the Company under the Listing Rules and the Companies Ordinance with effect from 6 December 2011. Ms. Chan is a solicitor admitted in the Supreme Court of New South Wales, Australia. She is also an associate member of The Hong Kong Institute of Chartered Secretaries and The Institute of Chartered Secretaries and Administrators.

The Board would like to take this opportunity to express its appreciation to Mr. Wong for his contribution during his tenure of office as company secretary and authorised representative with the Company and its welcome to Ms. Chan on her appointment.

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By Order of the Board APAC Resources Limited Chong Sok Un

Chairman

Hong Kong, 6 December 2011

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

Executive Directors

Ms. Chong Sok Un (Chairman) , Mr. Andrew Ferguson (Chief Executive Officer) , Mr. Yue Jialin and Mr. Kong Muk Yin

Non-executive Directors

Mr. Lee Seng Hui, Mr. So Kwok Hoo, Mr. Liu Yongshun and Mr. Peter Anthony Curry

Independent Non-Executive Directors

Mr. Wong Wing Kuen, Albert, Mr. Chang Chu Fai, Johnson Francis and Mr. Robert Moyse Willcocks

*For identification purpose only

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