Oriental City Group Plc : First Quarterly Results Announcement for the Three Months Ended 30 June 2013

Oriental City Group Holdings Limited(Incorporated in the Cayman Islands with limited liability) (Stock Code: 8325)FIRST QUARTERLY RESULTS ANNOUNCEMENT FOR THE THREE MONTHS ENDED 30 JUNE 2013 CHARACTERISTICS OF THE GROWTH ENTERPRISE MARKET ("GEM") OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") GEM has been positioned as a market designed to accommodate companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration. The greater risk profile and other characteristics of GEM mean that it is a market more suited to professional and other sophisticated investors. Given the emerging nature of companies listed on GEM, there is a risk that securities traded on GEM may be more susceptible to high market volatility than securities traded on the Main Board of the Stock Exchange and no assurance is given that there will be a liquid market in the securities traded on GEM.Hong Kong Exchanges and Clearing Limited and the Stock Exchange 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.

This announcement, for which the directors (the "Directors") of Oriental City Group Holdings Limited (the "Company") collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the GEM of the Stock Exchange (the "GEM Listing Rules") for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive; and there are no other matters the omission of which would make any statement herein or this announcement misleading.

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FINANCIAL HIGHLIGHTS• The Group's revenue amounted to approximately HK$32.48 million for the three months ended  30 June 20l3, which represented an increase of approximately 245% as compared with the  Group's revenue recorded in the corresponding period in 20l2.

• The Group reported a profit amounted to approximately HK$3.23 million for the period ended  30 June 20l3 as compared with a profit of approximately HK$0.ll million last year. The Group reported a loss attributable to equity holders of the Company for the period ended 30 June 20l3 amounted to approximately HK$0.0l million, representing an improvement of approximately  98% over the corresponding period in last year.

• Loss per share for the loss attributable to equity holders of the Company for the three months ended 30 June 20l3 was approximately 0.00l4 HK cents (20l2: 0.0740 HK cents).

• The Board does not recommend the payment of an interim dividend for the three months ended  30 June 20l3 (20l2: Nil).

FIRST QUARTERLY RESULTS (UNAUDITED)The board of Directors of the Company (the "Board") is pleased to present the unaudited condensed consolidated financial results of the Company and its subsidiaries (collectively referred to as the "Group") for the three months ended 30 June 20l3 together with the comparative figures for the corresponding period in 20l2 as follows:

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