The Board of National Agricultural Holdings Limited announced that with effect from 31 March 2016, Mr. Chan Siu Wing Raymond (Mr. Chan) has resigned from his office as an independent non-executive director of the company to pursue other career interests. Mr. Chan also ceased to be a member of the audit committee of the Board simultaneously with his resignation as an independent non-executive director of the company on 31 March 2016. Mr. Chan has confirmed that his resignation is not due to disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the company.