Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
UPDATE ON DESPATCH OF CIRCULAR FOR PROPOSED RIGHTS ISSUE; REVISED EXPECTED TIMETABLE FOR PROPOSED RIGHTS ISSUE; AND
CLOSURE OF REGISTER OF MEMBERS

The Board is pleased to announce that the Company will despatch the Circular to the Shareholders on 4 January

2012 and the expected timetable for the Rights Issue will be revised as set out in this announcement.

The register of members of the Company will be closed from Tuesday, 31 January 2012 to Monday, 6 February

2012, both dates inclusive, for the purpose of ascertaining entitlements to the Rights Issue. No transfer of

Shares will be registered during this period.

Reference is made to the Company's announcements dated 11 October 2011 ("Announcement") and 1
November 2011 in relation to, among other things, the proposed Rights Issue. Capitalised terms used herein shall have the same meanings as ascribed to in the Announcement, unless otherwise defined.
The Board is pleased to announce that the Company will despatch the circular in relation to proposed Rights Issue ("Circular") to the Shareholders on 4 January 2012 and the expected timetable for the Rights Issue will be revised as set out below.

EXPECTED TIMETABLE

The expected timetable for the Rights Issue will be revised as follows:
Date of despatch of the Circular and form of proxy for EGM..........................Wednesday, 4 January 2012
Latest time for lodging proxy from of EGM
(not less than 48 hours prior to time of EGM)....................... 9:00 a.m. on Wednesday, 18 January 2012

1

Record date for EGM .................................................................... 4:30 p.m. on Thursday, 19 January 2012
Expected date and time of EGM ........................................................9:00 a.m. on Friday, 20 January 2012
Announcement of results of EGM ..........................................................................Friday, 20 January 2012
Last day of dealings in Shares on cum-rights basis ........................................... Thursday, 26 January 2012
Ex-date (the first day of dealings in Shares
on ex-rights basis) ...............................................................................................Friday, 27 January 2012
Latest time for lodging transfers of Shares
in order to qualify for the Rights Issue .......................................4:30 p.m. on Monday, 30 January 2012
Tuesday, 31 January 2012
Register of members to be closed (both days inclusive)..................................to Monday, 6 February 2012
Record Date for nil-paid Rights Shares entitlements...........................................Monday, 6 February 2012
Register of members to be re-opened ..................................................................Tuesday, 7 February 2012
Prospectus Documents to be posted.....................................................................Tuesday, 7 February 2012
First day of dealings in nil-paid Rights Shares .................................................. Thursday, 9 February 2012
Latest time for splitting of
nil-paid Rights Shares .............................................................. 4:30 p.m. on Tuesday, 14 February 2012
Last day of dealings in nil-paid Rights Shares......................................................Friday, 17 February 2012
Latest time for acceptance of and payment for Rights Shares 4:00 p.m. on Wednesday, and for application and payment for excess Rights Shares........................................... 22 February 2012
Latest time for termination of 4:00 p.m. on Monday, the Underwriting Agreement......................................................................................... 27 February 2012
Announcement of allotment results ...................................................................Tuesday, 28 February 2012
Despatch of certificates for fully-paid
Rights Shares and refund cheques on or before ........................................Wednesday, 29 February 2012
Expected first date of dealings in
fully-paid Rights Shares..........................................................................................Friday, 2 March 2012

2

All times and dates in this announcement are reference to Hong Kong local time and dates. Date or deadlines specified in this announcement are indicative only and may be extended or varied by agreement between the Company and the Underwriter. Any changes to the expected timetable will be announced as and when appropriate.

CLOSURE OF REGISTER OF MEMBERS

The register of members of the Company will be closed from Tuesday, 31 January 2012 to Monday, 6
February 2012, both dates inclusive, for the purpose of ascertaining entitlements to the Rights Issue. No transfer of Shares will be registered during this period.
To qualify for the Rights Issue, a Shareholder must be registered as a member of the Company at the close of business on the Record Date and be a Qualifying Shareholder. In order to be registered as members of the Company at the close of business on the Record Date, Shareholders must lodge any transfers of Shares (together with the relevant share certificates) with the Company's share registrar in Hong Kong, Tricor Tengis Limited at 26th Floor, Tesbury Centre, 28 Queen's Road East, Wanchai, Hong Kong for registration by no later than 4:30 p.m. on Monday, 30 January 2012.
By order of the Board
Unity Investments Holdings Limited