ASIA WATER TECHNOLOGY LTD.: ANNOUNCEMENT OF CESSATION AS NON-EXECUTIVE CHAIRMAN AND NON-EXECUTIVE DIRECTOR

Announcement of Cessation of Non-Executive Chairman and Non-Executive Director as well as a member of the Nominating Committee and Remuneration Committee
* Asterisks denote mandatory information
Name of Announcer *	ASIA WATER TECHNOLOGY LTD.
Company Registration No.	200210042R
Announcement submitted on behalf of	ASIA WATER TECHNOLOGY LTD.
Announcement is submitted with respect to *	ASIA WATER TECHNOLOGY LTD.
Announcement is submitted by *	Liu Yujie
Designation *	Executive Director
Date & Time of Broacast	04-May-2012 18:45:23
Announcement No.	00190
Price Sensitivity	Yes

>> Announcement Details

The details of the announcement start here ...

Name *	Cai Yutian
Age *	62
Is Effective Date of Cessation known? *	Yes
Effective Date of Resignation	04/05/2012
Detailed Reason(s) for cessation *	Mr. Cai Yutian has reached his retirement age. Mr. Cai confirmed that he has no disagreement with the Board and there are no matters in relation to his resignation that should be brought to the attention of the shareholders of the Company. The Company's Sponsor has contacted Mr. Cai Yutian and based on its enquiries, is satisfied that other than as disclosed in this announcement, there are no material reasons for his resignation.
Is there any difference of opinion on material matters between the person and the Board of directors? *	No
If yes, please elaborate *	NA
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
Date of Appointment to current position *	07/04/2010
Job Title *	Non-Executive Chairman and Non-Executive Director as well as a member of the Nominating Committee and Remuneration Committee
Role and responsibilities *	Non-Executive
Does the AC have a minimum of 3 members (taking into account this cessation) *	Yes
Number of Independent Directors currently resident in Singapore (taking into account this resignation) *	4
Number of Cessations of persons specified in Rule 704(7) of the Listing Manual over the past 12 months *	1
Shareholding in the listed issuer and its subsidiaries *	Nil
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries *	None

>> Other Directorship #
# These fields are not applicable for announcements of appointments pursuant to Rule 704(9)
Past (for the last five years) *	• Shanghai lndustrial Investment (Holdings) Limited • Shanghai lndustrial Holdings Limited • Better Score Limited • Creative Gold Developments Limited • Good Cheer Enterprises Limited • Greater Base Limited • Joy Century Investments Limited • Mighty Century Limited • Novel Good Limited • S.I. Properties Development Holdings (BVI) Limited • S.I. Properties Development Limited • S.I. Properties Holdings Limited • S.I. Urban Development Holdings Limited • Shanghai Urban Development (Holdings) Co., Ltd. • Shanghai Industrial Urban Development Group Limited. • SIHL Finance Limited • Silvery Champ Limited • South Pacific Hotel (China) Limited • Shanghai SIIC South Pacific Hotel Co., Ltd • South Pacific International Investment Limited • Nantong Greater Base Infrastructure Co., Ltd. • Shanghai Penghui Property Co., Ltd. • SIIC Shanghai Holdings Co., Ltd. • SIIC Dongtan Investment & Development Holdings Co., Ltd. • General Water of China Co., Ltd • Baltic Sea Pearl Co., Ltd • Shanghai Overseas United Investment Co., Ltd.
Present *	None

Footnotes

This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, SAC Capital Private Limited, for compliance with the relevant rules of the Exchange. The Company's Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr. Ong Hwee Li (Tel: [phone]) at 79 Anson Road #15-03 Singapore 079906.