The Board of Directors of K-Star Sports Limited ("the Company") wishes to announce that all the resolutions as set out in the Notice of the 2014 Annual General Meeting ("AGM") dated 30 May 2014 were duly approved by the shareholders at the AGM of the Company held on 24 June 2014, except for the Ordinary Resolution 5 of which has been withdrawn as Messrs Chengco Singapore PAC ("the Auditors")'s renewal application is still being processed by the Audit Oversight Board. The Company will convene an Extraordinary General Meeting in due course to appoint the Auditors.

This announcement is dated 24 June 2014.