Longtop Financial Technologies Limited Announces Resignation of Independent Directors & Members of Audit Committee

Longtop Financial Technologies Limited LFT announced today that Thomas Gurnee, the Independent Director & Chairman of Audit Committee, Zuyun Xue and Yifeng Shen, the Independent Directors & Members of Audit Committee all tendered their resignations by email with effect from July 1, 2011. After attempting to retain them and taking the letters under advisement, the Board has finally accepted their resignations.