China Energy Storage Technology Development Limited — Director's Dealing 2015

Jan 22, 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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TELEFIELD INTERNATIONAL (HOLDINGS) LIMITED 中慧國際控股有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 1143)

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 Telefield International (Holdings) Limited (the “ Company ”) hereby announces that on 22 January 2015 (the “ Date of Grant ”), a total of 4,117,140 share options (the “ Share Options ”) to subscribe for 4,117,140 ordinary shares of HK$0.01 each of the Company (the “ Shares ”) were granted to an eligible participant (the “ Grantee ”), subject to acceptance of the Grantee, under the share option scheme adopted by the Company on 31 December 2010.

Details of the Share Options granted are as follows:

Date of Grant : 22 January 2015 Number of Share : 4,117,140 Share Options Options granted Exercise price of Share : HK$0.65 per Share, which exceeds the highest of (i) the Options granted closing price of HK$0.61 per Share as stated in the daily quotations sheet issued by the Stock Exchange on the Date of Grant; (ii) the average closing prices of HK$0.64 per Share as stated in the daily quotations sheets issued by the Stock Exchange for the five business days immediately preceding the Date of Grant; and (iii) the nominal value of a Share on the Date of Grant

Closing price of the Share : HK$0.61 per Share on the Date of Grant Validity period of : 10 years from 22 January 2015 to 21 January 2025 the Share Options

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The total 4,117,140 Share Options were granted to the following Director, details of which are as follows:

Name of Director

Poon Ka Lee Barry

Position at the Company Number of Share Options granted Executive Director 4,117,140

By Order of the Board TELEFIELD INTERNATIONAL (HOLDINGS) LIMITED Cheng Han Ngok Steve Chairman

Hong Kong, 22 January 2015

As at the date of this announcement, the executive directors are Cheng Han Ngok Steve, Poon Ka Lee Barry, Ng Kim Yuen, Fok Pui Yin and Lee Kai Bon, and the independent non-executive directors are Au-Yang Cheong Yan Peter, Kwan Pun Fong Vincent and Xue Quan.

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