Directorate Change

22 December 2008

                             Walcom Group Limited                              

                          ("Walcom" or the "Company")                          

                              Directorate Change                               

The Board is pleased to announce the appointment of Mr Albert Wong Chi Chiu,
aged 52, as a Non Executive Director with immediate effect. Further information
on Mr Albert Wong Chi Chiu is set out below.

For the purposes of clarity, it should be noted that Albert Wong Chi Chiu is a
completely separate individual and should be discerned from Albert Wong Siu
Fai, who has sat on the board of the Company as Chief Financial Officer since,
and prior to, Admission.

Enquiries:

Walcom                                                                         
                                                                               
Francis Chi (Chief Executive Officer)                       Tel: [phone]
                                                                               
Albert Wong (Chief Financial Officer)                                          
                                                                               
John East & Partners Limited                                                   
                                                                               
Jeffrey Coburn / Bidhi Bhoma                              Tel: [phone]

Further information

Under Schedule 2, paragraph (g) of the AIM Rules, the following information is
disclosed:

Directorships held by Albert Wong Chi Chiu in the past five years:

Current directorships

BVI incorporate companies                                                      
                                                                               
Alpha Elegant Technology Limited        All Field Investments Limited          
                                                                               
Amazing Touch Limited                   Apex-Pro Solutions Limited             
                                                                               
Asean Glory Limited                     Asia Harvest Global Services Limited   
                                                                               
Charm Fortune Group Limited             China Palace Overseas Limited          
                                                                               
Culture Wave Investment Limited         Cyber Online Limited                   
                                                                               
Dynamic Method Enterprises Limited      ECSoft, Inc.                           
                                                                               
Elite Wealth Investment Limited         Everboom Investments Limited           
                                                                               
Everlasting Luck International Limited  Freedom Rider Limited                  
                                                                               
GCTech Company Limited                  General Wireless Technologies Inc.     
                                                                               
Genius Island Limited                   Giant Creation Limited                 
                                                                               
Global Emperor Limited                  Glorious Deed Limited                  
                                                                               
Great Promise Limited                   Happy Gains Limited                    
                                                                               
High Level Success Limited              Ice Pearl Oriental Limited             
                                                                               
Jasmine Regent Limited                  Keenwise Technology Limited            
                                                                               
Key Bloom Development Limited           Lead Easy Investments Limited          
                                                                               
Leo Digit Limited                       LinkAir Communications, Inc.           
                                                                               
Living Colours Limited                  Lotsgain Limited                       
                                                                               
Lucky Music Inc.                        Magic Tiger Limited                    
                                                                               
Magnetic Zone Limited                   Master Oriental Limited                
                                                                               
Merry Mileage Limited                   Milestone Overseas Limited             
                                                                               
Million Wealth Group Limited            Modern Links Limited                   
                                                                               
Modern Spirit Limited                   Multi-Trends Limited                   
                                                                               
New QU Energy Limited                   New Thermal-Tech Limited               
                                                                               
New World Allmedia Holdings Limited     New World Genomics Limited             
                                                                               
New World Resources Investment Limited  New World Strategic Investment Limited 
                                                                               
New World Technology & Media Holdings   New World Xianglong Communication      
Limited                                 Limited                                
                                                                               
New World ZGM Limited                   NoveMed Group Ltd.                     
                                                                               
NWI Education Technology Limited        Oasis Online Limited                   
                                                                               
Prompt Mind Limited                     Regent Well Inc.                       
                                                                               
Rich Profession Limited                 Rise Field Investments Limited         
                                                                               
Simple Success Investments Limited      Ruina Investment Limited               
                                                                               
Smartfield Express Limited              Source Link Investments Limited        
                                                                               
Standard Tracker Limited                Star Dream Group Limited               
                                                                               
Supreme View Limited                    Talent World Limited                   
                                                                               
Time Profit Investment Limited          Touchful Limited                       
                                                                               
Two-Way Communications Limited          Victory Spring Limited                 
                                                                               
Viewpoint Enterprises Limited           Visual Power Corporation               
                                                                               
Vostock Limited                         Wealth Entire Technology Limited       
                                                                               
Wealthy Technologies Limited            Well Time Limited                      

Cayman Islands incorporated companies                                          
                                                                               
Advanced Era Limited                    Great Success Inc.                     
                                                                               
New World TMT Limited                   Openpark Limited                       

Hong Kong incorporated companies                                               
                                                                               
Apex-Pro Systems Limited                China Aerospace New World Technology   
                                        Limited                                
                                                                               
ChinaCable Allmedia (HK) Limited        Delight Tech Limited                   
                                                                               
Grace Crystal Limited                   Greater China Crossing Limited         
                                                                               
International Technology Limited        Marthorn Investments Limited           
                                                                               
New Dimension Investments Limited       New World Allmedia Services Limited    
                                                                               
New World Infrastructure Limited        New World Sunlong Communication (HK)   
                                        Limited                                
                                                                               
New World Telecommunications Limited    New World Telephone Holdings Limited   
                                                                               
                                        Park Honour Enterprises Limited        
                                                                               
Prima Strength Limited                  Wisetime Enterprises Limited           

US incorporated companies                                                      
                                                                               
MTone Wireless Corporation              Taseon, Inc.                           

PRC incorporated companies                                                     
                                                                               
Aerospace New World (China) Technology Beijing New World Heat Energy High-     
Limited                                Technology Development Co. Limited      
                                                                               
Beijing New World Visual Media         Beijing Nuo Mei Ya Biotech Co. Limited  
Technologies Co. Limited               (translation only)                      
                                                                               
Beijing Shifeng Chuangli Energy-Saving Beijing Xintong Media & Advertising Co. 
Technology Co. Limited (translation    Limited                                 
only)                                                                          
                                                                               
Dalian Shang Li De Heat Conduction     Nu Channel (Beijing) Co. Limited        
Technology Co. Limited                                                         
                                                                               
New World (China) Distance Learning    New World (China) Investment Limited    
Development Co. Limited                                                        
                                                                               
New World (China) Technology Media     Shenzhen New World Xiang Long Network   
Limited                                Technology Co. Limited (translation     
                                       only)                                   
                                                                               
Shenzhen New World Xiang Long          Shenzhen Xiang Long Communication Co.   
Technology Development Co. Limited     Limited (translation only)              
(translation only)                                                             
                                                                               
Guangxhou Xinxing Medical Technology                                           
Development Co. Limited (formerly                                              
Zengcheng Chen Jia Lin Hotel Co.                                               
Limited) (translation only)                                                    

Previous directorships

Epsome Limited                          Metro Rise Limited                     
                                                                               
NewTrek (HK) Limited                    New World Finechem Investment Limited  
                                                                               
New World Telecom Limited               Nihao Infonet                          
                                                                               
LingYun Industrial Corporation Limited                                         

Mr Wong is not holding any shares in the capital of the Company.

Mr Wong Chi Chiu has confirmed there is no additional information under
schedule 2, paragraph (g) of the AIM rules which needs to be disclosed.

About Walcom:

Walcom is a Hong Kong based manufacturer and distributor of `clean' animal feed
additives. Walcom's products are based on Cysteamine, a natural metabolite
generated in animals' bodies which participates in animals' physiological
`growth axis' to stimulate the animals' natural growth hormone level. The
Group's feed additives improve the health of the animals, reduce mortality
rates, shorten the time taken to reduce maturity, increase the protein content
in animal food products, increase egg laying and reduce eggshell breakage and
build resistance to disease. Walcom's feed additives are `non hormonal', `non
antibiotic' and `non gene-altering'.