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.

PROFIT WARNING

This announcement is made pursuant to Rule 13.09 of the Listing Rules.
The Board wishes to inform the shareholders of the Company and potential investors that it is presently expected the unaudited interim results of the Group for the six months ended 31st December, 2011 will record a loss as compared to a profit for the corresponding period ended 31st December, 2010.
Shareholders of the Company and potential investors should exercise caution when dealing in the shares of the Company.
This announcement is made by Top Form International Limited (the "Company") pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").
The board of directors (the "Board") of the Company wishes to inform the shareholders of the Company and potential investors that based on the information currently available, it is presently expected that the unaudited interim results of the Group for the six months ended 31st December, 2011 will record a loss as compared to a profit for the corresponding period ended 31st December, 2010. This loss is mainly attributable to lower than anticipated sales due to a weaker market sentiment, leading to an unexpected number of cancelled orders.
As the Company is still in the process of finalizing its unaudited consolidated results for the six months ended 31st December, 2011, the information contained in this announcement is only based on a preliminary assessment by the management of the

* For identification purpose only

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Company of the information available to it. Investors are advised to read carefully the interim results announcement of the Company for the six months ended 31st December,
2011 which are expected to be announced on 23rd February, 2012.
Shareholders of the Company and potential investors should exercise caution when dealing in the shares of the Company.
On behalf of the Board
Top Form International Limited
Fung Wai Yiu
Chairman
Hong Kong, 12 January 2012
As at the date of this announcement, the Board comprises Mr. Fung Wai Yiu, Mr. Wong Chung Chong, Eddie, Mr. Wong Kai Chi, Kenneth and Mr. Wong Kai Chung, Kevin as executive directors; Mr. Lucas A.M. Laureys and Mr. Herman Van de Velde as non-executive directors; and Mr. Marvin Bienenfeld, Mr. Chow Yu Chun, Alexander, Ms. Leung Churk Yin, Jeanny, Mr. Leung Ying Wah, Lambert and Mr. Lin Sun Mo, Willy as independent non-executive directors.
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