Sung Ho Hwang Announced As Independent Director

Rainforest Resources Inc. is pleased to announce the appointment of Sung Ho Hwang as an Independent Director. Mr. Hwang, a graduate of the University of Korea, was previously the CEO of Woori Investment and Securities Company. He is replacing Mr. Pranpravee Tason.

Mr. Hwang held the position of CEO of Prudential Corporation Asia’s asset management Korea (owned by the Prudential
UK Group) and managed PCA’s asset management businesses in Korea, Malaysia, Vietnam, Dubai, and the retail businesses of Hong Kong and Singapore.

Mr. Hwang’s additional experience was as the CEO of Cheil Investment and Trust Company, Citibank Korea’s Director for North America consumer banking division for Korean Americans in the USA, Co-CEO of Bank of Athens, and CEO of Diner’s Club Card, Korea. Mr. Hwang received an individual citation from the President of the Republic of Korea for the efforts rendered for the inducement of foreign capital in Korea during the 2001 Asian Financial Crisis.


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