CHINESE FOOD AND BEVERAGE GROUP LIMITED Announces Management Changes, Effective 11 November 2013

Chinese Food and Beverage Group Limited is a Bermuda-based investment holding company principally engaged in catering businesses. The Company operates through three segments. Catering segment is engaged in the operation of Chinese restaurants in Hong Kong. It mainly operates a Michelin One Star restaurant, Guo Fu Lou. Food Manufacturing segment is engaged in the production of food products. Securities Trading segment is engaged in the trading of securities. Through the investment in joint ventures, the Company is also engaged in the operation of Fook Lam Moon restaurant in Macau and a Fook Lam Moon Fine Foods gourmet shop.