The board of directors of Lifetech Scientific Corporation announced that Mr. LI Gabriel, a non-executive director of the company, has ceased to be the chairman of the Remuneration Committee of the company but remains as a member of the Remuneration Committee, and Mr. ZHOU Gengshen, an independent non-executive director of the company an existing member of the Remuneration Committee, has been appointed as the chairman of the Remuneration Committee with effect from March 21, 2012. The board also announced that Ms. CONG Ning, a non-executive director of the company, has ceased to be the chairman of the Nomination Committee of the company but remains as a member of the Nomination Committee, and Mr. LIANG Hsien Tse Joseph, an independent non-executive director of the company who is an existing member of the Nomination Committee, has been appointed as the chairman of the Nomination Committee with effect from March 21, 2012.