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 the contents of this announcement.

(Incorporated in Hong Kong under the Companies Ordinance)

(Stock Code: 40)

ANNOUNCEMENT MADE PURSUANT TO RULE 13.10(1) OF THE LISTING RULES

This announcement is made at the request of The Stock Exchange of Hong Kong Limited (''Stock Exchange'') and pursuant to Rule 13.10(1) of the Rules Governing the Listing of Securities on the Stock Exchange.
The board of directors (the "Board") of Gold Peak Industries (Holdings) Limited (the "Company") has noted the recent increase in the price of the shares of the Company. GP Batteries International Limited ("GP Batteries"), an approximately 49.7%-owned associate of GP Industries Limited which is in turn an approximately 81.2% owned subsidiary of the Company and a company listed on the Singapore Exchange Securities Trading Limited, announced on 30 January 2013 that, among other things, it has entered into a joint manufacturing agreement with OXIS Energy Limited ("OXIS") to accelerate the commercialization of OXIS' proprietary Lithium Sulfur (Li-S) battery systems for use in different energy sectors of the world market and that GP Batteries and OXIS have agreed to establish a joint Project Steering Board which will review the improvements in the developing technology and which will be presented to their joint customers.
Save as aforesaid and having made such enquiry with respect to the Company as is reasonable in the circumstances, the Board confirms that it is not aware of any reasons for these price movements or of any information which must be announced to avoid a false market in the Company's securities or of any inside information that needs to be disclosed under Part XIVA of the Securities and Futures Ordinance, Chapter 571 of the Laws of Hong Kong.

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Shareholders and potential investors of the Company are advised to exercise caution in dealing in the securities of the Company.

This announcement is made by the order of the Company. The Company's Board of Directors collectively and individually accepts responsibility for the accuracy of this announcement.

By Order of the Board WONG Man Kit Company Secretary

Hong Kong, 31 January 2013

www.goldpeak.com

As at the date of this announcement, the Board consists of Mr. Victor LO Chung Wing (Chairman & Chief Executive), Mr. Andrew NG Sung On (Vice Chairman), Mr. LEUNG Pak Chuen, Mr. Richard KU Yuk Hing and Mr. Andrew CHUANG Siu Leung as Executive Directors, Mr. Vincent CHEUNG Ting Kau as Non-Executive Director and Mr. LUI Ming Wah, Mr. Frank CHAN Chi Chung and Mr. CHAN Kei Biu as Independent Non-Executive Directors.

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