CHINA STATE CONSTRUCTION DEVELOPMENT HOLDINGS LIMITED — Capital/Financing Update 2012

Feb 17, 2012

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.

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for shares.

This announcement is not an offer to sell or the solicitation of an offer to buy securities and neither this announcement nor anything herein forms the basis for any contract or commitment whatsoever. Neither this announcement nor any copy thereof may be taken into or distributed in the United States or to any US Persons. Securities may not be offered or sold in the United States absent registration or an exemption from registration, and the securities described herein will be sold in accordance with all applicable laws and regulations.

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FAR EAST GLOBAL GROUP LIMITED 遠東環球集團有限公司

(a company incorporated in the Cayman Islands with limited liability)

(Stock code: 830)

ANNOUNCEMENT PURSUANT TO RULE 3.8 OF THE TAKEOVERS CODE FURTHER INFORMATION ON THE RELEVANT SECURITIES OF THE COMPANY

Reference is made to the announcements dated 2 February 2012 and 9 February 2012 (the “ Announcements ”) jointly issued by China State Construction International Holdings Limited, Add Treasure Holdings Limited and Far East Global Group Limited in relation to the Offers. Unless otherwise stated, capitalised terms used in this announcement shall have the same meanings as in the Announcements.

The Company Board wishes to announce that the Company has issued 1,117,500 Shares in aggregate, on 8 February 2012 (893,500 Shares) and 15 February 2012 (224,000 Shares), to certain Option Holders pursuant to the exercise of 1,117,500 Share Options previously granted under the Share Option Scheme with an exercise price of HK$0.65 per Share.

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As a result of the above movement, as at the date of this announcement, the Company has (a) 1,113,995,000 Shares in issue; (b) 23,600,000 outstanding Share Options with an exercise price of HK$0.52 per Share; and 62,623,500 outstanding Share Options with an exercise price of HK$0.65 per Share. Other than as disclosed above, the Company has no other options, warrants, convertible bond or other securities that carry a right to subscribe for or which are convertible into Shares.

The respective associates (as defined under the Takeovers Code and including a person who owns or controls 5% of any class of relevant securities) of the Company are hereby reminded to disclose their dealings in the securities of the Company under Rule 22 of the Takeovers Code.

The full text of Note 11 to Rule 22 of the Takeovers Code is reproduced below:

“Responsibilities of stockbrokers, banks and other intermediaries

Stockbrokers, banks and others who deal in relevant securities on behalf of clients have a general duty to ensure, so far as they are able, that those clients are aware of the disclosure obligations attaching to associates and other persons under Rule 22 of the Takeovers Code and that those clients are willing to comply with them. Principal traders and dealers who deal directly with investors should, in appropriate cases, likewise draw attention to the relevant rules of the Takeovers Code. However, this does not apply when the total value of dealings (excluding stamp duty and commission) in any relevant security undertaken for a client during any 7-day period is less than HK$1 million.

This dispensation does not alter the obligations or principals, associates and other persons themselves to initiate disclosure of their own dealings, whatever total value is involved.

Intermediaries are expected to co-operate with the Executive in its dealings enquiries. Therefore, those who deal in relevant securities should appreciate stockbrokers and other intermediaries will supply the Executive with relevant information as to those dealings, including identities of clients, as part of that ” co-operation .

By order of the board of directors of Far East Global Group Limited Huang Brad Chairman

Hong Kong, 17 February 2012

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As at the date of this announcement, the Company Board is comprised of:

Executive Directors:

Mr. Huang Brad (Chairman) and Mr. Ko Chuk Kin, Herbert (Chief Executive Officer)

Non-executive Director:

Mr. Hung Cheung Shew

Independent Non-executive Directors:

Mr. Zhou Jinsong, Mr. Yen Homer Shih Hung and Mr. Hong Winn

The directors of the Company jointly and severally accept full responsibility for the accuracy of the information contained in this announcement and confirm, having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement the omission of which would make any statement in this announcement misleading.

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