| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Retirement of Director |
| Securities | SAPPHIRE CORPORATION LIMITED (SAPPCORP) |
| Date & Time of Broadcast | Apr 22, 2015 17:17 |
| Submitted By | Lee Wei Hsiung Company Secretary |
| Description | Retirement of Mr Duan Bing as a Non-Executive and Non-Independent Director |
| Cessation Details | |
| Name of person | Mr Duan Bing |
| Age | 41 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Apr 29, 2015 |
| Detailed reason(s) for cessation | Retiring at the Annual General Meeting and not seeking re-election. |
| Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting? | No |
| Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? | No |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| Date of appointment to current position | Jun 8, 2009 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of independent directors currently resident in Singapore (taking this account this cessation) | 3 |
| Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months | 0 |
| Job Title | Non-Executive and Non-Independent Director |
| Role and responsibilities | Non-Executive and Non-Independent Director |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | Nil |
| Shareholdings interest in the listed issuer and its subsidaries? | No |
| Other directorships | |
| Past (for the last 5 years) | Nil |
| Present | Nil |
