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.

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SOCAM Development Limited

(Incorporated in Bermuda with limited liability)

(Stock Code: 983) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a special general meeting of SOCAM Development Limited (the "Company") will be held at Room 103, 1st Floor, Shui On Centre, 6-8 Harbour Road, Hong Kong on Thursday, 23 January 2014 at 11:30 a.m. for the purpose of considering and, if thought fit, passing (with or without amendments) the following resolution as an ordinary resolution of the Company: ORDINARY RESOLUTION

"THAT:
(a) the entering into of the Agreement (as defined in the circular of the Company dated 6
January 2014 (the "Circular"), a copy of which is tabled at the meeting and marked "A" and signed by the chairman of this meeting for identification purpose) and the transactions contemplated thereunder, including (among others) the granting of the Call Option (as defined in the Circular) to the Purchaser (as defined in the Circular), and the implementation thereof be hereby approved, ratified and confirmed; and
(b) the directors of the Company be hereby authorised for and on behalf of the Company to execute any such documents, instruments and agreements and to do any such acts or things as may be deemed by such directors in their absolute discretion to be incidental to, ancillary to or in connection with the Agreement and the transactions contemplated thereunder."
By Order of the Board

SOCAM Development Limited Ng Lai Tan, Melanie

Company Secretary

Hong Kong, 6 January 2014
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Notes:

(i) Any member entitled to attend and vote at the above meeting is entitled to appoint one or more proxies to attend and, on a poll, vote in his stead. A proxy need not be a member of the Company.
(ii) To be valid, a form of proxy, together with the power of attorney or other authority (if any) under which it is signed, or a certified copy thereof, must be lodged with the head office of the Company at 34th Floor, Shui On Centre, 6-8 Harbour Road, Hong Kong not less than 48 hours before the time appointed for holding the meeting or any adjournment thereof (as the case may be). Completion and return of the proxy form will not preclude a member from attending and voting in person at the meeting or any adjourned meeting thereof (as the case may be) should he/she so wish.
(iii) The ordinary resolution as set out above will be voted by way of poll.

At the date of this announcement, the executive directors of the Company are Mr. Lo Hong Sui, Vincent, Mr. Choi Yuk Keung, Lawrence and Mr. Wong Fook Lam, Raymond; the non-executive directors of the Company are Mr. Wong Yuet Leung, Frankie and Mr. Wong Kun To, Philip; and the independent non-executive directors of the Company are Mr. Gerrit Jan de Nys, Ms. Li Hoi Lun, Helen, Mr. Chan Kay Cheung and Mr. Tsang Kwok Tai, Moses.

* For identification purpose only

Website: www.socam.com
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