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.



(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 3883) VOLUNTARY ANNOUNCEMENT ACQUISITION OF LAND USE RIGHTS

The Board is pleased to announce that the Purchaser acquired the Lands through public auction at a total consideration of RMB746,250,000 (equivalent to approximately HK$928,000,000) on 29 November 2012.

The Land and the auction sale by Listing

The Lands were put up for auction sale by listing by Zhuzhou City Land and Mining Market Exchange Centre. On 31 December 2012, the Purchaser entered into the Land Use Rights Transfer Contracts with the Vendor. To the best of the Directors' knowledge, information and belief, and having made all reasonable enquiries, Zhuzhou City Land and Mining Market Exchange Centre and the Vendor are Independent Third Parties.
The Lands are situated at the south side of Tai Shan Road, Tian Yuan District, Zhuzhou City, Hunan
Province, the PRC ( 9=