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.

This announcement appears for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities of the Company in any jurisdiction including the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act. Any public offering of securities to be made in the United States will only be made by means of a prospectus that may be obtained from the issuer or the selling security holder and that contains detailed information about the issuer and management as well as financial information. There is no intention to make a public offering of the securities referred to in this announcement in the United States.

(Incorporated in the Cayman Islands with limited liability) (Stock Code: 1083)

PLACING AND ISSUE OF NEW SHARES UNDER GENERAL MANDATE CHANGE OF COMPLETION DATE As Placing Agents

The Company and the Placing Agents on 14 January 2013 agreed in writing to change the Completion Date to 16 January 2013 or such other date as the Company and the Placing Agents may agree in writing. It is anticipated that completion of the Placing will take place on 16 January 2013.
Reference is made to the announcement of the Company dated 10 January 2013 in relation to the Placing and the Placing Agreement (the "Announcement"). Capitalised terms used herein shall have the same meanings as those defined in the Announcement, unless otherwise specified.

CHANGE OF COMPLETION DATE

As set out in the Announcement, the Placing is conditional upon the Listing Committee of the Stock Exchange having granted its approval for the listing of, and permission to deal in, the Placing Shares (and such listing and permission not subsequently revoked prior to the
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delivery of definitive share certificate(s) representing the Placing Shares) (the "Condition"), and completion of the Placing shall take place on the business day after the date on which the Condition has been fulfilled (or such other date as the Company and the Placing Agents may agree in writing). The Listing Committee of the Stock Exchange on 14 January 2013 granted conditional listing approval for the Placing Shares and accordingly, completion of the Placing should take place on 15 January 2013. The Company and the Placing Agents on 14
January 2013 agreed in writing to change the Completion Date to 16 January 2013 or such other date as the Company and the Placing Agents may agree in writing. It is anticipated that completion of the Placing will take place on 16 January 2013.
Save for the aforesaid change of the Completion Date, all clauses, agreements, provisions, terms and conditions as contained and/or referred to in the Placing Agreement shall remain unchanged and shall continue in full force and effect, and the Placing Agreement as modified as aforesaid shall remain valid and continue to be binding upon the Company and the Placing Agents.
By order of the Board Towngas China Company Limited HO Hon Ming, John

Executive Director and Company Secretary

Hong Kong, 14 January 2013
As at the date of this announcement, the Board comprises:

Executive Directors: Independent Non-Executive Directors:

CHAN Wing Kin, Alfred (Chairman) CHENG Mo Chi, Moses WONG Wai Yee, Peter (Chief Executive Officer) LI Man Bun, Brian David KWAN Yuk Choi, James CHOW Vee Tsung, Oscar HO Hon Ming, John (Company Secretary)
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