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3SBio Inc. Capital/Financing Update 2008

Jun 5, 2008

49981_rns_2008-06-05_c5827036-f34c-4e88-b286-e035cbaedf57.pdf

Capital/Financing Update

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The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims 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 purposes only and does not constitute an invitation or offer to acquire, purchase, or subscribe for securities of the Company.

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HONGKONG CHINESE LIMITED 香 港 華 人 有 限 公 司 * (Incorporated in Bermuda with limited liability)

(Stock Code: 655)

RIGHTS ISSUE OF 471,390,178 RIGHTS SHARES AT HK$1.00 EACH IN THE PROPORTION OF

SEVEN RIGHTS SHARES FOR EVERY TWENTY SHARES HELD WITH BONUS WARRANTS ON THE BASIS OF THREE WARRANTS FOR EVERY SEVEN RIGHTS SHARES TO THE QUALIFYING SHAREHOLDERS ONLY

RESULTS OF THE SGM DESPATCH OF THE PROSPECTUS DOCUMENTS AND

ODD LOT TRADING FACILITIES FOR THE BONUS WARRANTS

Financial adviser to Hongkong Chinese Limited and lead manager to the Rights Issue

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Underwriters to the Rights Issue

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Lippo Securities Limited

Reference is made to the Company’s announcement (the “Rights Issue Announcement”) and circular (the “Rights Issue Circular”) dated 17th May, 2008 and 20th May, 2008, respectively, in relation to, among other things, the Rights Issue. Unless otherwise defined, terms used in this announcement shall have the same meanings as those defined in the Rights Issue Announcement and the Rights Issue Circular.

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RESULTS OF THE SGM

The Board is pleased to announce that the ordinary resolutions proposed for the Capital Increase, and the creation and issue of the Bonus Warrants pursuant to the Rights Issue and the allotment and issue of the Warrant Exercise Shares were duly passed by the Shareholders by show of hands at the SGM held on 5th June, 2008. No Shareholder was required to abstain from voting at the SGM in respect of such resolutions.

DESPATCH OF PROSPECTUS DOCUMENTS FOR THE RIGHTS ISSUE

The Prospectus Documents are expected to be despatched to the Qualifying Shareholders and, for information only, the Prospectus to the Excluded Shareholders on 6th June, 2008. Qualifying Shareholders are reminded that the latest time for acceptance of and payment for the Rights Shares (with entitlement to Bonus Warrants) and for application and payment for the excess Rights Shares (with entitlement to Bonus Warrants) is 4:00 p.m. on Monday, 23rd June, 2008.

ODD LOT TRADING FACILITIES FOR THE BONUS WARRANTS

The Company has appointed Lippo Securities Limited to act as the broker to match, on a “best-effort” basis, the sale and purchase of odd lots of the Bonus Warrants arising from the Rights Issue from Friday, 4th July, 2008, being the expected commencement date of dealings in Bonus Warrants, up to and including Monday, 4th August, 2008. Shareholders should note that matching of the sale and purchase of odd lots of the Bonus Warrants is not guaranteed.

Shareholders who wish to take advantage of this facility should contact Ms. Rowinna Wu of Lippo Securities Limited at Room 2302, 23rd Floor, Tower One, Lippo Centre, 89 Queensway, Hong Kong (Tel: (852) 2533 7329) from 9:30 a.m. to 12:45 p.m., and from 2:00 p.m. to 6:00 p.m. during normal business days of the aforesaid period.

WARNING OF THE RISKS OF DEALING IN SHARES AND NIL-PAID RIGHTS SHARES

Shareholders should note that the Shares have been dealt in on an ex-rights basis from Thursday, 29th May, 2008. The Rights Shares in their nil-paid form will be dealt in from Wednesday, 11th June, 2008 to Wednesday, 18th June, 2008 (both dates inclusive).

The Rights Issue is subject to the satisfaction of the conditions as described under the paragraph headed “Rights Issue - Conditions precedent to the Rights Issue” in the Rights Issue Announcement and the Rights Issue Circular. As at the date of this announcement, not all such conditions have been fulfilled. In particular, the Underwriting Agreement contains provisions allowing the Underwriters to terminate the Underwriting Agreement on the occurrence of force majeure events (as described in the Rights Issue Announcement and the Rights Issue Circular) by giving written notice to the Company at any time prior to 4:00 p.m. on the second business day following the Final Acceptance Date, being Wednesday, 25th June, 2008. Accordingly, any dealing in the Shares

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before the Underwriting Agreement becomes unconditional and the Rights Shares in their nil-paid form from Wednesday, 11th June, 2008 to Wednesday, 18th June, 2008 (both dates inclusive) will bear the risk that the Rights Issue may not become unconditional or may not proceed. Any Shareholder or other person contemplating selling or acquiring Shares and/or Rights Shares in their nil-paid form from the date of this announcement up to Friday, 27th June, 2008 will bear the risk that the Rights Issue may not become unconditional or may not proceed. Any Shareholder or other person contemplating any dealings in the Shares or Rights Shares in their nil-paid form are recommended to consult their own professional advisers.

By Order of the Board Hongkong Chinese Limited Andrew Hau Secretary

Hong Kong, 5th June, 2008

As at the date of this announcement, Dr. Mochtar Riady (Chairman) and Mr. Leon Chan Nim Leung are the Non-executive Directors of the Company, Messrs. Stephen Riady (Chief Executive Officer), John Lee Luen Wai and Kor Kee Yee are the Executive Directors of the Company and Messrs. Albert Saychuan Cheok, Victor Yung Ha Kuk and Tsui King Fai are the Independent Non-executive Directors of the Company.

* For identification purpose only

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