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 the Cayman Islands and continued in Bermuda with limited liability)

(Stock Code: 00138)

INSIDE INFORMATION

Reference is made to the Company's announcement dated 30 July 2012 and the circular dated 14 September 2012 in relation to the acquisition of the Property by the Property Owner, which was completed on 30 November 2012.
The Board wishes to announce that in view of the current soaring retail property prices, the Board will appoint independent professionals to propose strategy and plans to renovate and upgrade the Property to enhance its value and to devise future plans in respect of the Property.

Shareholders and potential investors should note that the Board has not made any decision on any definite future plans in relation to the Property and any future plans in relation to the Property may or may not materialize and any financial impact of the future plans will depend on the then prevailing retail property market at the time when the future plans are implemented. Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company. BACKGROUND

Reference is made to the Company's announcement dated 30 July 2012 and the circular dated 14 September 2012 in relation to the acquisition of the Property by the Property Owner.
The acquisition of the Property by the Property Owner was completed on 30
November 2012. The Property was previously occupied by a third party licensee for use as a children learning centre until the licensee moved out from the Property upon expiry of the licence agreement on 31 December 2012. The Property has remained
vacant since then.