Central Development Holdings Limited — Capital/Financing Update 2015

Sep 25, 2015

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 liabilities 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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CHINA RESOURCES AND TRANSPORTATION GROUP LIMITED 中國資源交通集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 269)

HOLDING ANNOUNCEMENT

Reference is made to the announcement of China Resources and Transportation Group Limited (the “ Company ”) dated 10 September 2015 in respect of the suspension of trading in shares of the Company on The Stock Exchange of Hong Kong Limited with effect from 9:00 a.m. on 10 September 2015 pending the release by the Company of an announcement in relation to a proposed share consolidation (the “ Proposed Share Consolidation ”) and a proposed rights issue (the “ Proposed Rights Issue ”) of the Company.

The Proposed Share Consolidation involves the consolidation of every twenty (20) issued and unissued shares of par value of HK$0.01 each into one (1) issued and unissued share of par value of HK$0.20 each (the “ Consolidated Share ”). Subject to the Proposed Share Consolidation becoming effective, the Proposed Rights Issue will be implemented, by way of issuing not less than 5,401,916,776 Consolidated Shares and not more than 9,063,216,776 Consolidated Shares (the “ Rights Shares ”), on the basis of four (4) Rights Shares for every one (1) Consolidated Share at the subscription price of HK$0.20 per Rights Share.

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The Company is currently in discussions with the Stock Exchange to finalise the announcement in relation to the Proposed Rights Issue. The directors of the Company consider that additional time is required for such purpose. The announcement setting out the details of the Proposed Share Consolidation and Proposed Rights Issue in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited will be published by the Company as soon as practicable.

By Order of the Board China Resources and Transportation Group Limited Cao Zhong Chairman

Hong Kong, 25 September 2015

As at the date of this announcement, the Board comprises five executive Directors, namely Mr. Cao Zhong, Mr. Fung Tsun Pong, Mr. Duan Jingquan, Mr. Tsang Kam Ching, David and Mr. Gao Zhiping; a non-executive Director namely Mr. Suo Suo Stephen; and three independent non-executive Directors, namely Mr. Yip Tak On, Mr. Jing Baoli and Mr. Bao Liang Ming.

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