CMON Limited — Capital/Financing Update 2013

Nov 26, 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.

瀋陽公用發展股份有限公司 Shenyang Public Utility Holdings Company Limited

(a joint stock limited company incorporated in the People’s Republic of China)

(Stock code: 747)

SUPPLEMENTAL AGREEMENT IN RELATION TO MAJOR DISPOSAL

Reference is made to the announcement of Shenyang Public Utility Holdings Company Limited (the “ Company ”) dated 13 August 2013 in relation to the disposal of the entire issued share capital and the Shareholder’s Loan of the Disposal Company (the “ Announcement ”). Terms used herein have the same meanings as those defined in the Announcement unless context requires otherwise.

On 13 August 2013 (after the trading hours), the Company entered into the Disposal Agreement with the Purchaser, whereby the Purchaser has conditionally agreed to purchase and the Company has conditionally agreed to sell the entire issued share capital and the Shareholder’s Loan of the Disposal Company at the consideration of RMB280 million.

As at the date of this announcement, the Purchaser has paid a deposit of RMB41 million in accordance with the Disposal Agreement. Pursuant to the Disposal Agreement, the Purchaser shall pay RMB120 million (the “ Second Payment ”) within 1 month upon the completion of the change of the particulars of the Disposal Company in the Administration For Industry and Commerce Bureau and the remaining balance of RMB119 million shall be paid in cash within 50 days upon the final acceptance of the first phase of the Project.

The change of the particulars of the Disposal Company in the Administration For Industry and Commerce Bureau has been completed on 23 October 2013. The Second Payment is still outstanding as at the date of this announcement.

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Supplemental Agreement

On 26 November 2013 (after the trading hours), the Company and the Purchaser have entered into a supplemental agreement (the “ Supplemental Agreement ”) to extend the payment terms of the Second Payment.

Pursuant to the Supplemental Agreement, the payment of RMB120 million shall be paid by the Purchaser on or before 31 December 2013 plus a penalty of 1.5% thereon, equivalent to RMB1.8 million (collectively the “ Further Payment ”). If the Purchaser fails to make the Further Payment by 31 December 2013, the Company has right to terminate the Disposal Agreement and forfeit all the payments made by the Purchaser under the Disposal Agreement.

Save for the extension of the payment terms for the Second Payment by the Supplemental Agreement, all other terms and conditions of the Disposal Agreement shall remain unchanged.

By Order of the Board Shenyang Public Utility Holdings Company Limited Ma Zhong Hong Chairman

Shenyang, PRC, 26 November 2013

As at the date of this announcement, the executive directors of the Company are Mr. Ma Zhong Hong, Mr. Deng Xiao Gang and Mr. Chau Ngai Ming, the non-executive directors are Mr. Huang Zhen Kun and Ms. Zhang Lei Lei and the independent non-executive directors are Mr. Wong Kai Tat, Mr. Wei Jie Sheng and Mr. Yu Guan Jian.

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