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(Incorporated in Hong Kong with limited liability)

(Stock Code: 21) CONTINUING CONNECTED TRANSACTION PROPERTY LEASING AGREEMENT

The Board announces that on 31 January 2013, Waytung China and GCI entered into the Property
Leasing Agreement.
GCI is indirectly wholly-owned by Mr. Huang, the substantial shareholder, the chairman and the non-executive Director of the Company. Ms. Huang, the substantial shareholder, the chief executive officer and the executive Director of the Company, is the authorised representative and the chairman of the board of GCI. As such, GCI is a connected person to the Company. Accordingly, the Transaction constitutes a continuing connected transaction of the Company.
As the applicable percentage ratios represented by the annual caps in respect of the Property Leasing Agreement are more than 0.1% but less than 25% and the value of the largest annual cap is less than HK$10,000,000, the entering into of the Property Leasing Agreement is only subject to the reporting, announcement and annual review requirements under Rules 14A.45 to 14A.47 and 14A.37 to 14A.40 of the Listing Rules and is exempt from the independent shareholders' approval requirements under
the Listing Rules.

PROPERTY LEASING AGREEMENT Date: 31 January 2013 Parties: Waytung China (as leasee); and

GCI (as lessor).