Central Development Holdings Limited — Capital/Financing Update 2015

Aug 17, 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 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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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)

INSIDE INFORMATION

This announcement is made by CHINA RESOURCES AND TRANSPORTATION GROUP LIMITED (the “ Company ”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and Part XIVA of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong).

The Company previously issued on 3 September 2013 HK$1,300,000,000 9% convertible bonds due 2015 to Li Ka Shing (Canada) Foundation and HK$100,000,000 9% convertible bonds due 2015 to Dr. Lo Ka Shui (such holders being the “ Bondholders ”), and such bonds (the “ Bonds ”) will fall due on 3 September 2015 (the “ Maturity Date ”).

The Company has agreed with the Bondholders for repayment of the Bonds to be deferred so that HK$400,000,000 principal amount of the Bonds will become due on 3 December 2015, HK$500,000,000 principal amount of the Bonds will become due on 3 March 2016, and HK$500,000,000 principal amount of the Bonds will become due on 3 September 2016.

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As part of the extension of the repayment dates, the Bondholders have unconditionally and irrevocably waived their conversion rights attached to the Bonds with effect from the Maturity Date. With effect from the Maturity Date, the Bonds will become non-convertible debt securities.

Save for the changes above mentioned, the terms and conditions of the Bonds remain unchanged.

Mr. Cao Zhong has agreed to provide the Bondholders his personal guarantee as to the due performance of all the obligations of the Bonds as so extended (including but not limited to payment obligations).

By order of the Board

China Resources and Transportation Group Limited Tsang Kam Ching, David Executive Director

Hong Kong, 14 August 2015

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

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