Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited 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 contents of this announcement.

NOTICE OF BOARD MEETING

The board of directors ("Board") of China Vanguard Group Limited ("Company") hereby

announces that a meeting of the Board will be held at Room 2201, 22/F., Hopewell Centre,

183 Queen's Road East, Wanchai, Hong Kong on Thursday, 7 February 2013 at 10:30 a.m. for the following purposes: -

1. To consider and approve the unaudited consolidated results of the Company and its subsidiaries for the six months ended 31 December 2012 (the "Interim Results");

2. To consider and approve the payment of a dividend, if any;

3. To consider and approve the publication of the Interim Results announcement to be published on the websites of the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited and the Company; and

4. To transact any other business.

By Order of the Board

China Vanguard Group Limited