The board of directors of Xiao Nan Guo Restaurants Holdings Limited announced that Mr. Chen Anjie has resigned as an independent non-executive director of the company with effect from January 17, 2014 as he needs more time to deal with his personal matters. Mr. Chen has confirmed that he has no disagreement with the board and there is no other matter relating to his resignation that needs to be brought to the attention of the shareholders of the company.