Matrix Holdings Ltd. announced regarding the renewed facilities of up to an aggregate extent of HKD 12,000,000 previously granted to one of the indirect wholly-owned subsidiaries of the company by the Bank in Macau; and the renewed facilities of up to an aggregate extent of HKD 38,000,000 previously granted to another indirect wholly-owned subsidiary of the company by the Bank, the Board announced that the renewed facility letters have been provided by the Bank on 15th January, 2013 regarding the renewal of the facilities for one year further. The terms and conditions of the facility letters for the renewed facilities including, inter alia, a condition to the effect that Mr. Cheng Yung Pun (a controlling shareholder of the company) should maintain not less than 51% of shareholding (whether directly or indirectly) of the company, remain unchanged. A breach of the above condition will constitute an event of default under the renewed facilities.

If any significant change on the condition occurs, the Bank can request to adjust or terminate the renewed facilities. The company intends to use the renewed facilities to finance the general trading operation of the company and its subsidiaries.