Euro Asia to form new Board of Directors

Weifang (People’s Republic of China), 23 December 2013

Euro Asia Premier Real Estate Company Ltd. announces the resignation from the Board of Directors of Mr. Sun Xi Yi, Mr. Li Yu and Mr. Cao Renzhong, effective immediately. In their failure to discharge their obligations as Directors of the Company, these Board Members were considered responsible for the undue delay in publishing of Euro Asia’s audited financial statements as of 31 December 2012.

Also effective immediately, Mr. Jin Xing has been appointed as a new Member of the Board of Directors. Going forward, the Board will consist of Mr. Patrick Chan who will remain Chairman, Mr. Jin Xing, and Mr. Sun Hai Tao, who will remain on the Board representing the departed directors. The new Board will hold its initial meeting on 16 January 2014, when the audited financial statements for fiscal year 2012 shall be confirmed. Publication of the financial statements is scheduled for 16 January 2014. The company intends to publish its unaudited financial statement for the first half of fiscal year 2013 on 30 December 2013.

The new Board of Directors will seek confirmation of its appointment at the upcoming AGM.

In an earlier release dated 14 August 2013, Euro Asia announced its intention to acquire new properties. The Board and Management reconfirm this previously announced intent and will review and confirm the targeted assets to be purchased in the upcoming meeting. The proposed investment plan will be presented at the AGM. Management is currently in discussions with several established financial institutions in Germany in order to retain them as advisers for the proposed transaction.

Schwarz Financial Communication
Frank Schwarz
Tel: +49 611 1745 398 11

About Euro Asia
Euro Asia is a BVI registered company, active in real estate development in the Shandong area of the People’s Republic of China. The Company operates locally through its subsidiaries, jointly owned with SNI, a leading local development company. Generating leasing revenues from a number of commercial properties, the Company has a number of other projects under development. By utilizing its strong local network to banks, political decision makers, land owners and other developers, the Company intends to grow its position in the region prior to moving into other prefecture-level cities.

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