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BEIJING DEVELOPMENT (HONG KONG) LIMITED

(incorporated in Hong Kong with limited liability)

(Stock Code: 154) FURTHER DELAY IN DESPATCH OF CIRCULAR RELATING TO VERY SUBSTANTIAL ACQUISITION: PROPOSED CAPITAL INJECTION INTO JOINT VENTURE

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S h a r e ho l d e rs t o b e d el a ye d t o a d at e f al li n g o n o r b e fo r e 31 A u gu s t 2 01 4 .
By order of the Board

Beijing Development (Hong Kong) Limited E Meng

Chairman

Hong Kong, 30 June 2014

As at the date of this announcement, the board of directors of the Company comprises seven executive directors, namely Mr. E Meng, Mr. Zhang Honghai, Mr. Ke Jian, Mr. Wang Yong, Ms. Sha Ning, Ms. Qin Xuemin and Mr. Ng Kong Fat, Brian, and four independent non-executive directors, namely Dr. Jin Lizuo, Dr. Huan Guocang, Dr. Wang Jianping and Prof. Nie Yongfeng.

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