Kingsoft Corporation Limited announced that with effect from March 30, 2012, Mr. Jun LEI, the Non-executive Director and Chairman of the Board 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. Guangming George LU, an Independent Non-executive Director of the company, has been appointed as the chairman and member of the Remuneration Committee. As at the March 30, 2012 the members of the Remuneration Committee are: Mr. Guangming George Lu (Chairman), Mr. Jun Lei, Mr. Chuan Wang and Mr. Tat Joel, Chang.