Mountain China Resorts (Holding) Limited
TSX VENTURE : MCG

Mountain China Resorts (Holding) Limited

September 25, 2011 22:39 ET

Mountain China Announces the Results of Its Annual and Special General Meeting

BEIJING, CHINA--(Marketwire - Sept. 25, 2011) - Mountain China Resorts (Holding) Limited (TSX VENTURE:MCG) ("MCR" or the "Company"), is pleased to announce that all resolutions presented at the Company's Annual and Special General Meeting (the "Meeting") on September 16, 2011, including the election of the directors, the approval and appointment of DNTW Chartered Accountants, LLP as the Company's Auditors, the approval of the Company's Rolling Stock Option Plan and the continuation of the Company's restricted stock unit plan were passed by the shareholders of the Company.

The directors elected to serve for the ensuing year are Zhenhua Mao, Tsui Che Yin Frank, Wing Kuen Philip Li, Ermanno Pascutto, Jingru Guan, Gang Han, Lian Wang and Hongfei Zhang. There was no other business brought forward at the Meeting.

About MCR

MCR is the premier developer of four season destination ski resorts in China. MCR is transforming existing China ski properties into world-class, four seasons luxury mountain resorts with excellent real estate investment opportunities for discerning buyers. In February 2009, the Company's Sun Mountain Yabuli Resort was awarded Best Resort Makeover in Asia by TIME Magazine. Yabuli is also the permanent home of the China Entrepreneur's Forum the leading and most influential community of China's most distinguished and successful entrepreneurs and business leaders with over 5,000 members from across a variety of key industries.

ON BEHALF OF THE BOARD

Gang Han, Chief Financial Officer

www.mountainchinaresorts.com

The TSX Venture Exchange nor its Regulation Services Provider has neither approved nor disapproved the contents of this press release.

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