Bloks Group Limited — Capital/Financing Update 2009

Jan 8, 2009

Hong Kong Exchange 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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(Incorporated in Bermuda with limited liability)

(Stock code: 182)

ANNOUNCEMENT

Reference is made to the circular of the Company dated 13 July 2007 (the “Circular”). The Company would like to inform the Shareholders that no part of the Convertible Notes were converted on or before 31 December 2008.

Reference is made to the Circular of the Company, capitalised terms used in this announcement have the same meanings as those defined in the Circular unless otherwise stated.

The Company would like to inform the Shareholders that no part of the Convertible Notes were converted on or before 31 December 2008. As at 31 December 2008, the principal amount of the Convertible Notes remained at HK$31,700,000. As at 31 December 2008, the number of issued Shares was 6,254,470,578 which was the same number of Shares in issue as at 1 December 2008.

As at the date of this announcement, the Board comprises Mr. Ko Chun Shun, Johnson, Mr. Liu Shunxing, Mr. Wang Xun, Mr. Yang Zhifeng, Ms. Liu Jianhong and Mr. Chan Kam Kwan, Jason (who are executive Directors), Mr. Tsoi Tong Hoo, Tony (who is non-executive Director), and Mr. Ho Tak Man, Billy, Mr. Yap Fat Suan and Dr. Wong Yau Kar, David (who are independent non-executive Directors).

By order of the Board Chan Kam Kwan, Jason Company Secretary

Hong Kong, 8 January 2009

* for identification purposes only