CMON Limited — Capital/Financing Update 2014

Oct 23, 2014

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)

TERMINATION OF THE SUBSCRIPTION AGREEMENTS IN RELATION TO ISSUANCE OF NEW DOMESTIC SHARES

Reference is made to the announcements of Shenyang Public Utility Holdings Company Limited (the “ Company ”) dated 22 September 2013 (the “ Announcement ”), 20 December 2013 and 30 June 2014 respectively in relation to, among other things, the issuance of new domestic shares under the Subscription Agreement. Capitalised terms used in this announcement shall have the same meanings as defined in the Announcement unless otherwise stated.

The board of directors (the “ Board ”) of the Company announces that, on 23 October 2014 the Company and the Subscribers have entered into a deed of termination (the “ Deed of Termination ”) to terminate the Subscription Agreement (as amended by the 1st supplemental agreement dated 20 December 2013 and the 2nd supplemental agreement dated 30 June 2014) (collectively, the “ Amended Subscription Agreement ”) with immediate effect. Pursuant to the Deed of Termination, all the rights, obligations and liability of each of parties under the Amended Subscription Agreement have ceased and terminated and neither parties shall have any claim against the others in respect of the Subscription.

The Board is of the view that the termination of the Amended Subscription Agreement has no material adverse impact on the financial and operational position of the Company.

By Order of the Board

Shenyang Public Utility Holdings Company Limited Ma Zhong Hong Chairman

Shenyang, the PRC, 23 October 2014

As at the date of this announcement, the executive directors of the Company are Mr. Ma Zhong Hong, Mr. Deng Xiao Gang and Mr. Huang Zhen Kun, the non-executive directors are Mr. Yin Zong Chen 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.