Ascletis Pharma Inc. — Capital/Financing Update 2012

Mar 27, 2012

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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世 界 ( 集 團 ) 有 限 公 司 WORLD HOUSEWARE (HOLDINGS) LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 713)

ANNOUNCEMENT Proposed investment in food waste recycling project

This Announcement is made by the Company pursuant to Rule 13.09 of the Listing Rules.

As the proposed investment in food waste recycling project may or may not be materialized and further announcement will be made by the Company if it constitutes a notifiable transaction, shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company.

The Board of Directors (“the Board”) of the World Houseware (Holdings) Limited (“the Company”) wishes to inform that a wholly owned subsidiary of the Company, South China Reborn Resources (Zhongshan) Company Limited is conducting a feasibility study of the proposed investment in food waste recycling project in Shaxi Town, Zhongshan City and may apply to Shaxi people’s Government of Zhongshan City for the approval of the operation.

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Shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company.

By Order of the Board Lee Tat Hing Chairman

Hong Kong, 27 March 2012

As at the date of this announcement, the executive directors of the Company are Mr. Lee Tat Hing, Madam Fung Mei Po, Mr. Lee Chun Sing, Mr. Lee Pak Tung and Madam Chan Lai Kuen Anita; the non-executive director of the Company is Mr. Cheung Tze Man Edward; the independent nonexecutive directors of the Company are Mr. Tsui Chi Him Steve, Mr. Hui Chi Kuen Thomas and Mr. Ho Tak Kay.

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