Milan Station Holdings Limited provides earnings guidance for the full year ending December 31, 2012. For the year, the company informs the
shareholders of the company and potential investors that, based on the information (including the group's unaudited management accounts for the nine months ended September 30, 2012) currently available, the group is expected to record a loss for the year ending December 31, 2012 as compared to a profit for the year ended December 31, 2011. The expected loss is primarily attributable to the continuing slow down in the retail market for luxury handbags and the weakened consumption sentiment of customers in 2012.