News

Resolutions Passed At The Annual General Meeting And Special General Meeting; And Retirement And Resignation Of Board Members

1) Resolutions Passed at Annual General Meeting and Special General Meeting

The Board of Directors of Biosensors International Group, Ltd. (the "Company") is pleased to announce that at the Annual General Meeting and Special General Meeting of the Company held on 22 July 2008, all resolutions relating to the matters set out in the Notice of Annual General Meeting and Special General Meeting dated 27 June 2008 were duly passed.

The Board is also pleased to announce that Mr Horn Kee Leong who was re-elected as a Director at the Annual General Meeting will remain as the Chairman of the Nominations Committee and a member of the Audit and Compensation Committees. Mr Leong is considered to be an Independent Director for the purpose of Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Trading Limited ("SGX-ST").


2) Retirement of Director

The Board wishes to further announce that at the conclusion of the Company's Annual General Meeting, Mr Douglas R. Hillier retired as an Independent Non-Executive Director of the Company. Mr Hillier also retired as the Chairman of the Audit and Compensation Committees and as a member of the Nominations Committee.

The details of Mr Hillier's resignation as required under Rule 704(8) of the Listing Manual of the SGX-ST will be furnished in a separate announcement.

The Board would like to express its appreciation to Mr Hillier for his past contributions and wish him success in his future endeavours.


3) Resignation of Directors

In addition, the Board wishes to announce the following resignations from the Company's Board of Directors:

(i) Ms Kristen M Onken, being based in the United States, has asked to step down due to competing time commitments to her other U.S. activities. Ms Onken will resign as an Independent Non-Executive Director of the Company and as a member of the Audit and Compensation Committees. Such resignations shall be effective 23 July 2008.

(ii) Mr Satoshi Negishi will also resign as an Executive Director of the Company effective 23 July 2008.

Announcement of resignation of Ms Kristen M. Onken and Mr Satoshi Negishi pursuant to Rule 704(8) of the Listing Manual of the SGX-ST will be furnished in a separate announcement.

The Board wishes to express its appreciation to Ms Kristen M. Onken and Mr Satoshi Negishi for their contributions to the Company.


4) Board Members

Following the above-mentioned retirement and resignation of Directors, as of 23 July 2008, the Board will be comprised of the following members:

Mr Yoh-Chie Lu (Executive Director & Chairman)
Mr R. Michael Kleine (Executive Director & President/Chief Executive Officer)
Mr Kee Lock Chua (Executive Director)
Mr Mark A. Wan (Non-Executive Director)
Mr Horn Kee Leong (Independent Non-Executive Director)
Dr Peter V. Huggler (Independent Non-Executive Director)
Mr Seow Juan Low (Independent Non-Executive Director)

The Company will make further announcement regarding the appointment of Director to fill the vacancy in the Board committees (Audit, Compensation and Nominations Committees) in due course.


By Order of the Board
Kevin R. Sayer
Company Secretary