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Asiasec Properties Limited Earnings Release 2013

May 7, 2013

49086_rns_2013-05-07_e52103fa-38f6-466e-9f55-eb4491a550c3.pdf

Earnings Release

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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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LIPPO LIMITED LIPPO CHINA RESOURCES LIMITED 力寶有限公司 力寶華潤有限公司

(Incorporated in Hong Kong with limited liability) (Incorporated in Hong Kong with limited liability) (Stock code: 226) (Stock code: 156)

ANNOUNCEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED 31ST MARCH, 2013 OF FOOD JUNCTION HOLDINGS LIMITED

This is not an announcement of the financial results of Lippo Limited (“Lippo”) and Lippo China Resources Limited (“LCR”).

This announcement is made by Lippo and LCR pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) and the inside information provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) to provide shareholders of Lippo and LCR and the public with the unaudited consolidated financial results of Food Junction Holdings Limited (“Food Junction”) for the first quarter ended 31st March, 2013.

Food Junction is a company listed on the Singapore Exchange Securities Trading Limited (“SGX”) and in which Auric Pacific Group Limited (“Auric”) is interested in approximately 61.4 per cent. of its issued share capital (excluding treasury shares). As at the date of this Announcement, LCR, a subsidiary of Lippo, is interested in approximately 49.3 per cent. of the issued share capital of Auric.

Food Junction has released on the SGX on 7th May, 2013 its unaudited consolidated financial results for the first quarter ended 31st March, 2013 prepared in accordance with Singapore Financial Reporting Standards and in Singapore dollars, details of which are also disclosed as an overseas regulatory announcement of each of Lippo and LCR on the website of each of the Stock Exchange, Lippo and LCR. The following is a summary of the unaudited consolidated financial results of Food Junction for the first quarter ended 31st March, 2013:

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Food Junction Holdings Limited Summary of the unaudited consolidated financial results for the first quarter ended 31st March, 2013

First Quarter First Quarter
2013 2012
S$’000 S$’000
Total revenue 16,422 14,290
(Loss)/Profit before tax (255) 113
Income tax expense (256) (26)
(Loss)/Profit after tax (511) 87
(Loss)/Profit for the period attributable to:
Owners of the parent (540) 64
Non-controlling interests 29 23
(511) 87
As at As at
31/03/2013 31/12/2012
S$’000 S$’000
Non-current assets 24,325 24,831
Current assets 19,933 21,097
Current liabilities (19,012) (20,230)
Net current assets 921 867
Non-current liabilities (2,638) (2,530)
22,608 23,168
Equity attributable to owners of the parent 22,367 22,956
Non-controlling interest 241 212
Total equity 22,608 23,168
No dividend has been declared or recommended by Food Junction for the first quarter ended
31st March, 2013.

The above is a summary only. For details, please refer to the full text of the unaudited consolidated financial results of Food Junction for the first quarter ended 31st March, 2013 which are accessible at the SGX’s website (www.sgx.com) and are also posted as an overseas regulatory announcement of Lippo and LCR on the website of each of the Stock Exchange (www.hkexnews.hk), Lippo (www.lippoltd.com.hk) and LCR (www.lcr.com.hk).

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The financial information in this announcement for Food Junction is based on preliminary financial data and has not been audited nor reviewed by its auditors. Shareholders and investors are advised to exercise caution when dealing in the shares of each of Lippo and LCR.

By Order of the Board By Order of the Board LIPPO LIMITED LIPPO CHINA RESOURCES LIMITED Davy Lee Millie Luk Secretary Secretary

Hong Kong, 7th May, 2013

As at the date of this announcement, the board composition of each of Lippo and LCR is as follows:

Lippo Executive Directors: Mr. Stephen Riady (Chairman) Mr. John Luen Wai Lee (Managing Director and Chief Executive Officer) Mr. Jark Pui Lee

LCR

Executive Directors: Mr. Stephen Riady (Chairman) Mr. John Luen Wai Lee (Chief Executive Officer)

Non-executive Director: Mr. Leon Nim Leung Chan

Non-executive Director: Mr. Leon Nim Leung Chan

Independent Non-executive Directors: Mr. Edwin Neo Mr. King Fai Tsui Mr. Victor Ha Kuk Yung

Independent Non-executive Directors: Mr. Edwin Neo Mr. King Fai Tsui Mr. Victor Ha Kuk Yung

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