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.

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(Incorporated in Bermuda with limited liability)

(Stock Code: 0406)

ANNOUNCEMENT PURSUANT TO RULE 13.09(1) OF LISTING RULES AWARD OF CONTRACT FOR CONSTRUCTION OF PUBLIC RENTAL HOUSING DEVELOPMENTS AT ANDERSON ROAD SITE E PHASES 1 AND 2 TO YAU LEE CONSTRUCTION COMPANY LIMITED

The Board is pleased to announce that on 8 January 2013, the Hong Kong Housing Authority has awarded the Contract for Construction of Public Housing Development at Anderson Road Site E Phases 1 and 2 ("Anderson Road Site E Tender") to Yau Lee Construction Company Limited ("YLCCL"), a wholly-owned subsidiary of the Company.
Pursuant to Anderson Road Site E Tender, YLCCL is appointed as the main contractor for the construction of a Public Housing Development at Anderson Road Site E Phases 1 and 2 comprising domestic flats, commercial facilities and associated external works. The total construction costs for this project are estimated to be approximately HK$2,222 million. The contract period runs for 41 months and the target completion date is May 2016.
The Company and its subsidiaries are principally engaged in the contracting of building construction, plumbing, maintenance and fitting-out projects, electrical and mechanical installation, building materials supply and development and management of hotel in Hong Kong.
To enable shareholders of the Company and the public to appraise the position of the Company and the status of the project, this announcement is issued pursuant to Rule 13.09(1) of the Listing Rules.
By order of the Board Yau Lee Holdings Limited Wong Ip Kuen

Chairman

Hong Kong, 9 January 2013

As at the date of this announcement, the Executive Directors are Wong Ip Kuen, Wong Tin Cheung, Wong Wai Man and Sun Chun Wai; the Independent Non-executive Directors are Yeung Tsun Man, Eric, Wu King Cheong and Chan Bernard Charnwut.

* For identification purpose only

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