Persistence Gold Group Ltd — Capital/Financing Update 2007

Jul 4, 2007

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APAC RESOURCES LIMITED

亞太資源有限公司 *****

(Incorporated in Bermuda with limited liability)

(Stock code: 1104)

SUSPENSION OF TRADING

At the request of APAC Resources Limited (the “Company”), trading in its shares and warrants have been suspended with effect from 9:30 a.m. today (4 July 2007) pending the release of an announcement in relation to placing of new shares.

By Order of the Board

APAC RESOURCES LIMITED Cao Zhong Chairman

Hong Kong, 4 July 2007

As at the date of this announcement, the Board comprises Mr. Cao Zhong (Chairman), Mr. Lau Yau Cheung (Chief Executive Officer), Mr. Yue Jialin, being the executive Directors, Mr. Liu Yongshun, 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

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