Certain Ordinary Shares of Modern Land (China) Co., Limited are subject to a Lock-Up Agreement Ending on 12-JAN-2014. These Ordinary Shares will be under lockup for 185 days starting from 11-JUL-2013 to 12-JAN-2014.

Details:
Each of the controlling shareholders of the company, have agreed not to dispose off any shares held by them for a period of six months from the listing date, expected to be July 12, 2013 and for a period of six months thereafter, not to dispose off such shares if following such disposal, they cease to be the controlling shareholders.