L'sea Resources Hldg : Disclosure of Dealings under Rule 22 of the Takeovers Code

37721f45-946d-499c-ba33-d4f7e9edd2fa.pdf

11 January 2016

Public Disclosure Form

Possible general offer

Disclosure of dealings in the shares of L'Sea Resources International Holdings Limited

The Executive received the following disclosure of securities dealings pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers:

Party	Date	Purchase / Sale	Number of shares	Price per share	Resultant balance (including those of any person with whom there is an agreement or understanding)	Percentage of class (including those of any person with whom there is an agreement or understanding)
Madison Pacific Trust Limited	8 January 2016	Sale	1,600,000	$0.2800	744,300,000	14.5088%
		Sale	100,000	$0.2900	744,200,000	14.5068%

End

Note:

Madison Pacific Trust Limited is a Class (6) associate of the Offeree Company by virtue of its holdings of ordinary shares in the Offeree Company. Dealings were made for the account of discretionary investment clients.

Madison Pacific Trust Limited holds the ordinary shares identified in table above as security trustee for MB Asia Real Estate Fund Holdings Pte Ltd. and GCPF Cayman Holding 2 Corp.