Persistence Gold Group Ltd — Board/Management Information 2011

Apr 21, 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

The board of directors (the “ Board ”) of APAC Resources Limited (the “ Company ”) hereby announces that Ms. Fung Sam Ming (“ Ms. Fung ”) has resigned as the Company Secretary of the Company with effect from 21 April 2011. Ms. Fung has confirmed that there is no disagreement with the Board and that there is no matter in relation to her resignation that needs to be brought to the attention of the shareholders of the Company.

The Board is pleased to announce that Mr. Wong Wai Keung, Frederick (“ Mr. Wong ”), the Chief Financial Officer of the Company, has also been appointed as the Company Secretary of the Company with effect from 21 April 2011.

Mr. Wong is a fellow member of both the Institute of Chartered Accountants in England and Wales and the Hong Kong Institute of Certified Public Accountants, and holds a master degree in electronic commerce. Mr. Wong has over 30 years of accounting, finance, tax, corporate finance and company secretarial experience.

The Board would like to take this opportunity to express its appreciation to Ms. Fung for her valuable contributions during her tenure of office as Company Secretary with the Company.

By Order of the Board APAC Resources Limited Chong Sok Un Chairman

Hong Kong, 21 April 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