Conversion of loanstock and exercise of warrants

Shidu (AIM: SDC), is pleased to announce that the Company has issued 46,259,547 new Ordinary Shares of 0.01p each to satisfy the conversion of loans and loanstock totalling £300,141.  The convertible loanstock had been issued on 3 December 2012 following shareholder approvals provided at the General Meeting.

The issue is conditional on admission of the Shares to trading on AIM ("Admission"). Application has been made to the London Stock Exchange for the Placing Shares, which will rank pari passu with all existing Ordinary Shares, to be admitted to trading on AIM. Admission is expected to become effective and dealings to commence on or around 1 March 2013.

As a result of the issue, the following hold a disclosable interest in the shares of the Company:

Name: Number of Shares Percentage
Sze Thye Group Limited 28,000,000 62.08%
Lombard Capital Plc 5,000,000 11.09%
Yong Weng Chun TWC Brendan 4,000,000 8.87%
*Christopher Neo 1,160,000 2.57%

*Christopher Neo is an Executive Director of the Company

Following Admission the number of shares in issue will be 48,408,603 Ordinary Shares of 0.01p each. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Services Authority's Disclosure and Transparency Rules.

-ENDS-

For further enquiries please contact:

Shidu Capital Plc                                                               Tel: 020 7469 0930
Angus Forrest

ZAI Corporate Finance Limited (NOMAD)                           Tel: 020 7060 2220
John Depasquale / Ivy Wang

Peterhouse Corporate Finance (Broker)                             Tel: 020 7469 0935
Jon Levinson



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