Directorate Change

22 Dec 2008 07:00

22 December 2008 Walcom Group Limited ("Walcom" or the "Company") Directorate Change

The Board is pleased to announce the appointment of Mr Albert Wong Chi Chiu, aged 52, as a Non Executive Director with immediate effect. Further information on Mr Albert Wong Chi Chiu is set out below.

For the purposes of clarity, it should be noted that Albert Wong Chi Chiu is a completely separate individual and should be discerned from Albert Wong Siu Fai, who has sat on the board of the Company as Chief Financial Officer since, and prior to, Admission.

Enquiries:Walcom Francis Chi (Chief Executive Officer) Tel: +852 2494 0133 Albert Wong (Chief Financial Officer)

John East & Partners Limited Jeffrey Coburn / Bidhi Bhoma Tel: +44 20 7628 2200Further information

Under Schedule 2, paragraph (g) of the AIM Rules, the following information is disclosed:

Directorships held by Albert Wong Chi Chiu in the past five years:

Current directorships

BVI incorporate companies Alpha Elegant Technology Limited All Field Investments Limited

Amazing Touch Limited Apex-Pro Solutions Limited Asean Glory Limited Asia Harvest Global Services Limited Charm Fortune Group Limited China Palace Overseas Limited

Culture Wave Investment Limited Cyber Online Limited Dynamic Method Enterprises Limited ECSoft, Inc. Elite Wealth Investment Limited Everboom Investments Limited Everlasting Luck International Limited Freedom Rider Limited

GCTech Company Limited General Wireless Technologies Inc. Genius Island Limited Giant Creation Limited Global Emperor Limited Glorious Deed Limited Great Promise Limited Happy Gains Limited High Level Success Limited Ice Pearl Oriental Limited Jasmine Regent Limited Keenwise Technology Limited

Key Bloom Development Limited Lead Easy Investments Limited

Leo Digit Limited LinkAir Communications, Inc. Living Colours Limited Lotsgain Limited Lucky Music Inc. Magic Tiger Limited Magnetic Zone Limited Master Oriental Limited Merry Mileage Limited Milestone Overseas Limited

Million Wealth Group Limited Modern Links Limited

Modern Spirit Limited Multi-Trends Limited New QU Energy Limited New Thermal-Tech Limited

New World Allmedia Holdings Limited New World Genomics Limited New World Resources Investment Limited New World Strategic Investment Limited

New World Technology & Media Holdings New World Xianglong Communication Limited

Limited New World ZGM Limited NoveMed Group Ltd. NWI Education Technology Limited Oasis Online Limited

Prompt Mind Limited Regent Well Inc. Rich Profession Limited Rise Field Investments Limited

Simple Success Investments Limited Ruina Investment Limited

Smartfield Express Limited Source Link Investments Limited Standard Tracker Limited Star Dream Group Limited Supreme View Limited Talent World Limited

Time Profit Investment Limited Touchful Limited Two-Way Communications Limited Victory Spring Limited Viewpoint Enterprises Limited Visual Power Corporation Vostock Limited Wealth Entire Technology Limited Wealthy Technologies Limited Well Time Limited Cayman Islands incorporated companies

Advanced Era Limited Great Success Inc. New World TMT Limited Openpark Limited

Hong Kong incorporated companies Apex-Pro Systems Limited China Aerospace New World Technology Limited ChinaCable Allmedia (HK) Limited Delight Tech Limited Grace Crystal Limited Greater China Crossing Limited International Technology Limited Marthorn Investments Limited New Dimension Investments Limited New World Allmedia Services Limited New World Infrastructure Limited New World Sunlong Communication (HK) Limited New World Telecommunications Limited New World Telephone Holdings Limited

Park Honour Enterprises Limited Prima Strength Limited Wisetime Enterprises Limited US incorporated companies MTone Wireless Corporation Taseon, Inc. PRC incorporated companies

Aerospace New World (China) Technology Beijing New World Heat Energy High- Limited

Technology Development Co. Limited

Beijing New World Visual Media Beijing Nuo Mei Ya Biotech Co. Limited Technologies Co. Limited

(translation only)

Beijing Shifeng Chuangli Energy-Saving Beijing Xintong Media & Advertising Co. Technology Co. Limited (translation Limited

only)

Dalian Shang Li De Heat Conduction Nu Channel (Beijing) Co. Limited Technology Co. Limited

New World (China) Distance Learning New World (China) Investment Limited Development Co. Limited

New World (China) Technology Media Shenzhen New World Xiang Long Network Limited

Technology Co. Limited (translation only)

Shenzhen New World Xiang Long Shenzhen Xiang Long Communication Co. Technology Development Co. Limited Limited (translation only)

(translation only) Guangxhou Xinxing Medical Technology Development Co. Limited (formerly Zengcheng Chen Jia Lin Hotel Co. Limited) (translation only)

Previous directorshipsEpsome Limited Metro Rise Limited NewTrek (HK) Limited New World Finechem Investment Limited New World Telecom Limited Nihao Infonet

LingYun Industrial Corporation Limited

Mr Wong is not holding any shares in the capital of the Company.

Mr Wong Chi Chiu has confirmed there is no additional information under schedule 2, paragraph (g) of the AIM rules which needs to be disclosed.

About Walcom:

Walcom is a Hong Kong based manufacturer and distributor of `clean' animal feed additives. Walcom's products are based on Cysteamine, a natural metabolite generated in animals' bodies which participates in animals' physiological `growth axis' to stimulate the animals' natural growth hormone level. The Group's feed additives improve the health of the animals, reduce mortality rates, shorten the time taken to reduce maturity, increase the protein content in animal food products, increase egg laying and reduce eggshell breakage and build resistance to disease. Walcom's feed additives are `non hormonal', `non antibiotic' and `non gene-altering'.