RNS Number : 0574I
  Asia Distribution Solutions Limited
  12 November 2008
   

    RNS

    For immediate release


    Asia Distribution Solutions Limited ("ADSL" or the "Company")

    Board change


    The board of the Company (the "Board") announces that Mr John Terrence Hung, a non-executive director of the Company, has today tendered
his resignation from the Board with immediate effect and the Board has accepted Mr Hung's resignation. This follows allegations made in Hong
Kong which resulted in Mr Hung's arrest and bail on matters entirely unrelated to ADSL. Mr Hung has advised the Board he intends to defend
himself vigorously against these allegations.

    
Enquiries:

    Asia Distribution Solutions Limited                                     020 7583 8833
    Michael Kingshott, Executive Chairman

    Evolution Securities China Limited                                      020 7220 4850
    (Financial Adviser and Broker)
    Barry Saint
    Armen Ho

    Evolution Securities Limited                                                020 7071 4300
    (Nominated Adviser)
    Jeremy Ellis


    END



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