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 with limited liability)

(Stock Code: 36)

RESULTS OF THE OPEN OFFER AND ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF SHARES

TO BE ISSUED UPON EXERCISE OF THE OUTSTANDING SHARE OPTIONS

Financial Adviser to the Company

Underwriter to the Open Offer

Sun Hung Kai International Limited

RESULTS OF THE OPEN OFFER
The Board is pleased to announce that as at 4 : 00 p.m. on Wednesday, 23 January 2013, being the latest time for acceptance of and payment for the Offer Shares, a total of (i) 555 valid applications for provisional allotment have been received for an aggregate of
90,356,183 Offer Shares; and (ii) 549 valid applications for excess Offer Shares have been received for an aggregate of 764,110,133 excess Offer Shares. In aggregate, they represent approximately 5.64 times of the total number of 151,418,943 Offer Shares available for subscription under the Open Offer. The Open Offer was over-subscribed by 703,047,373
Offer Shares.
The Undertaking Shareholder has subscribed for 30,605,466 Offer Shares to which he was entitled to under the Provisional Allotment Letter and 49,000,000 excess Offer Shares under Excess Application Form.

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EXCESS OFFER SHARES
The Board has resolved to allot and issue a total of 61,062,760 excess Offer Shares to 549 applicants on a fair and equitable basis in proportion to the number of excess Offer Shares being applied for under each application.
DESPATCH OF SHARE CERTIFICATES AND REFUND CHEQUES
It is expected that the share certificates for the Offer Shares in respect of valid acceptances for the Offer Shares and successful applications for excess Offer Shares, in their fully-paid form will be despatched to the allottees of the Offer Shares by ordinary post on or before Thursday, 31 January 2013 at their own risk. Each allottees of the Offer Shares will receive one share certificate for all the Offer Shares issued to him/her/it. Refund cheques in respect of partially unsuccessful applications for excess Offer Shares will also be despatched to the allottees of the Offer Shares by ordinary post on or before Thursday, 31 January 2013 at their own risk.
Dealings in the Offer Shares will commence on Friday, 1 February 2013.

Reference is made to the prospectus of Far East Holdings International Limited (the

''Company'') dated 9 January 2013 (the ''Prospectus''). Unless otherwise defined herein, terms used in this announcement shall have the same meanings as those defined in the Prospectus.

RESULTS OF THE OPEN OFFER
The Board is pleased to announce that as at 4 : 00 p.m. on Wednesday, 23 January 2013, being the latest time for acceptance of and payment for the Offer Shares, a total of (i) 555 valid applications for provisional allotment have been received for an aggregate of
90,356,183 Offer Shares; and (ii) 549 valid applications for excess Offer Shares have been received for an aggregate of 764,110,133 excess Offer Shares. In aggregate, they represent approximately 5.64 times of the total number of 151,418,943 Offer Shares available for subscription under the Open Offer. The Open Offer was over-subscribed by 703,047,373
Offer Shares.
The Undertaking Shareholder has subscribed for 30,605,466 Offer Shares to which he was entitled to under the Provisional Allotment Letter and 49,000,000 excess Offer Shares under Excess Application Form.
UNDERWRITING AGREEMENT
As all of the conditions set out in the Underwriting Agreement have been fulfilled, the Underwriting Agreement has not been terminated in accordance with its terms. The Open Offer has become unconditional on 24 January 2013.
As a result of the over-subscription of the Offer Shares, the obligations of the Underwriter in respect of its underwriting obligations under the Underwriting Agreement have been fully discharged.

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EXCESS OFFER SHARES
The Board has resolved to allot and issue a total of 61,062,760 excess Offer Shares to 549 applicants on a fair and equitable basis in proportion to the number of excess Offer Shares being applied for under each application, as set out in the Prospectus.
Allotment results in respect of the excess Offer Shares are set out as follows:
Number of valid application for excess Offer Shares
Total number of excess Offer Shares
applied for Basis of allotment
Total number of Offer Shares allotted
Approximate percentage
of allocation based on the total number of excess Offer Shares applied for
549 764,110,133 Approximately 7.99% of the excess Offer Shares
applied for, rounded down to the nearest whole number of Offer Shares
61,062,760 7.99%
SHAREHOLDING STRUCTURE OF THE COMPANY
The following is the shareholding structure of the Company immediately before and after the
Open Offer:
Immediately before completion of the Open Offer
No. of Shares Approximate
%
Immediately after completion of the Open Offer
No. of Shares Approximate
%

The Undertaking Shareholder and parties acting in concert with him

The Undertaking Shareholder and

companies controlled by him

61,210,932

20.21%

95,732,162

21.07%

The Chiu Family and companies

controlled by it (other than the

Undertaking Shareholder and

companies controlled by him)

80,023,406

26.43%

80,406,128

17.71%

Sub-Total

141,234,338

46.64%

176,138,290

38.78%

Public Shareholders

161,603,548

53.36%

278,118,539

61.22%

Total

302,837,886

100.00%

454,256,829

100.00%

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DESPATCH OF SHARE CERTIFICATES AND REFUND CHEQUES
It is expected that the share certificates for the Offer Shares in respect of valid acceptances for the Offer Shares and successful applications for excess Offer Shares, in their fully-paid form will be despatched to the allottees of the Offer Shares by ordinary post on or before Thursday, 31 January 2013 at their own risk. Each allottees of the Offer Shares will receive one share certificate for all the Offer Shares issued to him/her/it. Refund cheques in respect of partially unsuccessful applications for excess Offer Shares will also be despatched to the allottees of the Offer Shares by ordinary post on or before Thursday, 31 January 2013 at their own risk.
Dealings in the Offer Shares will commence on Friday, 1 February 2013.
ADJUSTMENTS TO THE OUTSTANDING SHARE OPTIONS
As at the date of this announcement, the Company has 1,320,000 outstanding Share Options which in aggregate entitle holders thereof to subscribe for 1,320,000 Shares.
As a result of the Open Offer, adjustments will be made to the exercise prices and the number of the outstanding Share Options in accordance with their terms. The adjustments will take effect from 31 January 2013.
The Company's auditor, Deloitte Touche Tohmatsu, had reviewed the adjustments and confirmed in writing that the adjustments are in accordance with the terms of the Share Options. The exercise prices and the number of the outstanding Share Options will be adjusted in the following manner:
Before adjustment After adjustment

Number of

Exercise

Adjusted number of

Adjusted exercise

Exercise

outstanding

Share

prices of

Share

outstanding

Share

prices of

Share

Date of grant

period

Options

Options

per Share

HK$

Options

Options

per Share

HK$

21/04/2006

23/05/2006-

22/05/2016

660,000

0.6091

798,864

0.5032

21/04/2006

23/05/2007-

22/05/2017

660,000

0.6091

798,864

0.5032

1,320,000

1,597,728



By order of the Board
Far East Holdings International Limited
Richard Yen
Managing Director
Hong Kong, 30 January 2013

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As a t the date of this announcement, the Board comprises eight Directors, rf which four are execative Directors, namely, Deacon Te Ken Chiu, J.P., Mr. Derek Clzia, Mr. Richard Yen and lvir. lp N gai Sang; one is non-executive Director, namely, ll-fr. Desmond Chiu; and three are independent non-executive Directors, namely, Dr. Lam Lee G., Mr. Eugene Yun Hang Wang and Mr. Lee Kwan Hung.

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distributed by