China Properties Investment Holdings Limited announced on January 18, 2013 (after trading hours) the company entered into the CB Placing Agreement and the UCB Placing Agreement with the Delta Wealth Securities Limited (Placing Agent) pursuant to which the Placing Agent has conditionally agreed to procure, on a best-effort basis, Places to subscribe for the Convertible Bonds and the Unconvertible Bonds up to an aggregate principal amount of HKD 20 million and HKD 50 million respectively. Issuer of the Unconvertible Bonds: The company; Aggregate principal amount: Up to HKD 50,000,000.00; Principal amount of the Unconvertible Bond(s) to be placed in each tranche: HKD 5,000,000.00 or any multiple thereof; Maturity: In respect of each Unconvertible Bond, the expiry of 7 years from its UCB Issue Date. Redemption at maturity: Unless previously redeemed, or purchased or cancelled, the company will redeem all outstanding Unconvertible Bonds on the UCB Maturity Date plus any accrued but unpaid interest.

Interest: 5.0% per annum on the outstanding aggregate principal amount of the Unconvertible Bonds, payable in arrears on the first, second, third, fourth, fifth, sixth and seventh anniversary of the First Issue Date, respectively, and any unpaid interest shall be paid on the Maturity date or the Redemption Date (as the case may be). Early redemption: The company may redeem principal amounts of outstanding Unconvertible Bonds in whole or in part at any time before the UCB Maturity Date by serving on each UCB Holder a notice of the exercise of such option. The total amount utilized for such redemption by the company shall be allocated amongst the outstanding Unconvertible Bonds on a pro-rata basis based on the respective principal amounts of these Unconvertible Bonds at that time and the principal amount of each Unconvertible Bond to be redeemed shall be HKD 1,000,000.00 or integral multiple thereof.

Assuming the Convertible Bonds and the Unconvertible Bonds are successfully placed by the Placing Agent, the estimated net proceeds from the Placings will be approximately HKD 68.9 million in aggregate, which is intended to be used for financing the Acquisition (if materialize), or financing any other acquisition opportunities identified by the company, or money lending business and general working capital of the Group.