KIRS Group Limited (the “Company”) today announces the release of a shareholder written resolution requesting the approval of (1) the issue of convertible equity certificates (“CECs”) and subsequent conversion of CECs into ordinary shares in the Company, (2) the allotment and issue of new ordinary shares in Nevada Investment Holdings 5 Limited, (3) the allotment and issue of new ordinary shares in Nevada Investment Holdings 6 Limited, (4) the allotment and issue of new ordinary shares in Nevada Investment Holdings 7 Limited, and (5) the allotment and issue of new ordinary shares in Towergate Insurance Limited.