Arc Capital Holdings Limited : Disposal of Huiyin Household Appliances

3 January 2013

ARC Capital Holdings Limited Disposal of Huiyin Household Appliances

ARC Capital Holdings Limited ("ARCH") (AIM: ARCH) is pleased to announce that on 2
January 2013, it completed the sale of its holding in Huiyin Household Appliances (Holding) Co., Ltd. ("Huiyin"), which is publicly traded on the Hong Kong Stock Exchange under the stock code (1280). ARCH realised a total of HK$65.1 million (approximately US$8.3 million) since August 2012 by selling its shares in the market through multiple tranches.
In November 2007, ARCH invested US$42.3 million in Huiyin which was later publicly listed on 25 March 2010 on the Hong Kong Stock Exchange. Starting from 2011, the electronics retailing industry faced a difficult environment as China's government ceased the Rural Appliances Rebate Program and e-commerce marginalised traditional retailing platforms. As a result, Huiyin's financial performance suffered along with many of its peers. On 30 June 2012, ARCH resigned its directorship on Huiyin's Board and following the release of its interim results in August 2012, ARCH implemented a sell down plan to realise its entire holding which it has now completed.
Proceeds of the sale will be distributed to shareholders in the near future.
For more information, please contact:

MANAGER: Rachel Chiang, Managing Partner ARC Capital Partners Limited T: (852) 2918 0088 F: (852) 2918 0881 [e-mail]	NOMINATED ADVISER: Philip Secrett Grant Thornton Corporate Finance T: (44) 20 7383 5100 [e-mail]
BROKER: Numis Securities Limited David Benda / Hugh Jonathan T: (44) 20 7260 1000 F: (44) 20 7260 1001 [e-mail]	MEDIA RELATIONS: Stephanie Barry T: (852) 3719 3375 [e-mail] INVESTOR RELATIONS: Chong Min Yi T: (852) 3719 3319 [e-mail]

About ARC Capital Holdings Limited

ARC Capital Holdings Limited ("ARCH") (AIM: ARCH) is a closed-end investment company with net assets of US$335.6 million as at 30 September 2012. ARCH was admitted to trading on the AIM Market of the London Stock Exchange in June 2006. ARCH holds investments in the retail, consumer goods and consumer services sectors, principally in China.
For more information about ARC Capital Holdings Limited, please visit: www.arch- fund.com