Central Development Holdings Limited — Share Issue/Capital Change 2013

Oct 16, 2013

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)

GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities (the ‘‘Listing Rules’’) on The Stock Exchange of Hong Kong Limited (the ‘‘Stock Exchange’’). The board of directors (the ‘‘Board’’) of China Resources and Transportation Group Limited (the “Company”) hereby announces that the Company offered to grant share options (the ‘‘Share Option(s)’’) to certain directors (the ‘‘Director(s)’’) and employees of the Company under the share option scheme adopted by the Company on 16 July 2004, subject to acceptance by the proposed grantees, with details as follows:

Date of grant : 16 October 2013 Number and type of : A total of 350,500,000 Share Options were granted, of Share Options granted which, 99,000,000 Share Options were granted to the Directors set out below and 251,500,000 Share Options were granted to employees of the Company.

Each Share Option shall entitle the Share Option holder to subscribe for one ordinary share of HK$0.01 each (the ‘‘Share’’) of the Company. These Share Options will result in the subscriptions of up to 350,500,000 Shares, representing approximately 1.25% of the total issued Shares as at the date of grant.

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• Exercise Price of : HK$0.45 per Share which is higher than (i) the closing price Share Options granted of HK$0.425 per Share as stated in the daily quotation sheets issued by the Stock Exchange on 15 October 2013, being the last trading day of the date of grant; (ii) the average closing price of HK$0.406 per Share as stated in the daily quotation sheets issued by the Stock Exchange for the five business days immediately preceding the date of offer; and (iii) nominal value of the Share of HK$0.01 each in the capital of the Company.

Closing Price of a Share : HK$0.42 per Share on the date of grant Grantees who are : Name of Directors Number of options granted and Directors or approximate % to the total an associate of issued share capital of the any of them Company as at the date of grant Duan Jingquan 28,000,000 (0.099%) Tsang Kam Ching, David 28,000,000 (0.099%) Gao Zhiping 28,000,000 (0.099%) Yip Tak On 5,000,000 (0.018%) Jing Baoli 5,000,000 (0.018%) Bao Liang Ming 5,000,000 (0.018%)

Validity period of the : from the date of grant to 15 October 2018 Share Options

The granting of the Share Options to the executive Directors (Messrs Duan Jingquan, Tsang Kam Ching, David and Gao Zhiping) and the employees was approved by all the independent non-executive Directors whilst the granting of the Share Options to the independent non-executive Directors (Messrs Yip Tak On, Jing Baoli and Bao Liang Ming) was approved by all Directors except the grantee himself.

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

Hong Kong, 16 October 2013

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

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