Luen Thai Holdings Ltd. announced that in order to meet the requirement under Rule 3.10A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited which stipulates that an issuer must appoint independent non-executive directors representing at least one-third of the board by December 31, 2012, Mr. Tan Sunny has resigned as an executive director of the company with effect from December 28, 2012. Mr. Tan Sunny will continue to serve as the Chief Financial Officer of the Group after his resignation as an executive director of the company.