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Longtop Announces Resignation of Board Member


XIAMEN, China, May 7 /PRNewswire-Asia/ -- Longtop Financial Technologies Limited ("Longtop") (NYSE: LFT) today announced the resignation from its board of directors of Ms. Xiaohong Chen who had been serving as Tiger Global's board of director representative since June 2006. The resignation took effect on May 6, 2009. Longtop will not be filling the vacancy created by Ms. Chen's resignation.

"On behalf of Longtop, I want to thank Ms. Chen for her service and for her contribution especially during our IPO process and then subsequently as a new public company," said Xiaogong Jia, Chairman of the board of directors.

About Longtop Financial Technologies Limited

Longtop is a leading software development and solutions provider targeting the financial services industry in China. Longtop develops and delivers a comprehensive range of software applications and solutions with a focus on meeting the rapidly growing IT needs of the financial services institutions in China. Longtop has six solution delivery centers, three research centers and seventy five service centers located in 27 provinces throughout China. For more information, please visit: http://www.longtop.com .

For more information, please contact:

Longtop Financial Technologies Limited

Charles Zhang, CFA

Phone: +86-10-8421-7758

Email: ir@longtop.com

IR Inside BV

Caroline Straathof

Phone: +31-6-54624301

Email: info@irinside.com

Source: Longtop Financial Technologies Limited
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