CHINA STATE CONSTRUCTION DEVELOPMENT HOLDINGS LIMITED — M&A Activity 2012

Mar 16, 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

(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, 9 February 2012, 28 February 2012 and 2 March 2012 jointly issued by China State Construction International Holdings Limited, Add Treasure Holdings Limited and Far East Global Group Limited (the “Company”) in relation to, among other things, the issue of new Shares pursuant to the Subscription Agreement and the Offers (the “Announcements”), and to the announcements of the Company dated 17 February 2012, 24 February 2012, 1 March 2012, 5 March 2012, 6 March 2012, 8 March 2012 and 9 March 2012 regarding the update of number of relevant securities of the Company. Unless otherwise stated, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcements.

To the best knowledge of the Directors of the Company, up to the date of this announcement, Share Options in respect of 53,591,000 Shares were cancelled as a result of valid acceptances under the Option Offer. As a result, as at the date of this announcement, the Company has (a) 2,155,545,000 Shares in issue; (b) 5,000,000 outstanding Share Options with an exercise price of HK$0.52 per Share; and

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24,632,500 outstanding Share Options with an exercise price of HK$0.65 per Share. Other than as disclosed above, the Company has no other shares, options, warrants, convertible bond or other securities that carry a right to subscribe for or which are convertible into Shares.

In accordance with Rule 3.8 of the Takeovers Code, 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.

By order of the board of directors of Far East Global Group Limited Zhou Yong Chairman

Hong Kong, 16 March 2012

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

Executive Directors:

Dr. Cheong Chit Sun (Vice-Chairman and Chief Executive Officer), Mr. Ko Chuk Kin, Herbert and Mr. Chan Sim Wang (Chief Financial Officer)

Non-executive Director:

Mr. Zhou Yong (Chairman), Mr. Huang Brad and 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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