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China Netcom Technology Holdings Limited Capital/Financing Update 2012

Mar 6, 2012

51253_rns_2012-03-06_19fc5c4c-1224-4ef2-a33f-25d42a180b27.pdf

Capital/Financing Update

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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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SUPPLEMENTAL AGREEMENT IN RELATION TO A CONNECTED AND MAJOR TRANSACTION

Reference is made to the announcements of China Netcom Technology Holdings Limited (“ Company ”) dated 2 March 2011, 9 March 2011, 31 May 2011 and 23 August 2011, and the circular (“ Circular ”) of the Company dated 28 October 2011 in relation to, among other matters, the acquisition of the entire issued share capital of Carnix Investment Limited and Wise Mark Investments Ltd.. Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as in the Circular.

Pursuant to the Acquisition Agreement, Completion is subject to certain conditions (as set out in the Circular) having been fulfilled or waived (as the case may be) on or before 360 days after the date of the Original Agreement (“ Long Stop Date ”) or such later date as the Vendors and the Purchaser may agree in writing. As more time is required for the fulfillment of the conditions, including but not limited to the obtaining of a production for sales terminal network entry permit (in the form and substance satisfactory to the Purchaser) to be issued in the name of Huancai Puda by the relevant PRC lottery regulatory authority, on 6 March 2012, the Purchaser, the Vendors and the Warrantors entered into of a supplemental agreement pursuant to which, among others, the parties agreed to extend the Long Stop Date to a date falling on or before 30 June 2012 or such later date as the Vendors and the Purchaser may agree in writing.

Save as disclosed above, the Directors confirm that no other alteration in the terms and conditions of the Acquisition Agreement has been made.

By order of the Board China Netcom Technology Holdings Limited Ng Kwok Chu, Winfield Executive Director

Hong Kong, 6 March 2012

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As at the date of this announcement, the executive Directors are Mr. Leung Ngai Man, Mr. Ng Kwok Chu, Winfield and Ms. Wu Wei Hua; and the independent non-executive Directors are Dr. Leung Wai Cheung, Mr. Cai Wei Lun and Mr. Qi Ji.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the “Latest Company Announcements” page of the GEM website at www.hkgem.com for a minimum period of 7 days from the date of its publication and on the Company’s website at www.chinanetcomtech.com.

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