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.

ANNOUNCEMENT

ACQUISITION OF MAGAZINE TITLES, WEBSITES AND MOBILE APPLICATIONS

This announcement is made by the Company pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and inside information provisions under Part XIVA of the Securities and Futures Ordinance.
Reference is made to the announcement of the Company dated 18 February 2013 ("Announcement"). Unless otherwise stated, capitalised terms used herein shall have the same meanings as those defined in the Announcement.
The Group has successfully concluded its negotiations in relation to the Possible Acquisition and on 3 May 2013 South China Morning Post Publishers Limited, a wholly- owned subsidiary of the Company, entered into a binding agreement with Asia City Media Group Limited (the "Seller"), an independent third party which is not connected with the Group, for the acquisition of a group of media companies in Hong Kong at a consideration of HK$30 million (subject to potential adjustment with reference to the net asset value of the said group of media companies at completion of the acquisition).
The companies being acquired are involved in the publication of magazine titles and their associated guides, operation of associated websites, mobile and tablet applications, and organization of events in Hong Kong, namely HK Magazine, Where HK, The List, Where CN, HK Online, The List Online, Happy Hour Finder iPhone app and HK Magazine iPad app.
Completion of the acquisition, subject to fulfillment of various conditions precedent, is due to take place on or around 15 July 2013. The acquisition does not constitute a notifiable transaction for the Company under the Listing Rules.

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Made by the order of the Board, the directors of which individually and jointly accept responsibility for the accuracy of this announcement.
On behalf of the Board
SCMP Group Limited
David J. Pang
Chairman
Hong Kong, 3 May 2013
As at the date hereof, the Board comprises: Non-executive Directors
Dr. David J. Pang (Chairman), Mr. Roberto V. Ongpin (Deputy Chairman)
and Tan Sri Dr. Khoo Kay Peng
Independent Non-executive Directors
Mr. Ronald J. Arculli, Dr. Fred Hu Zu Liu, Dr. the Hon. Sir David Li Kwok Po and Mr. Wong Kai Man
Executive Director
Ms. Kuok Hui Kwong

* For identification purpose only

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