Crypto Flow Technology Limited — Capital/Financing Update 2009

Jul 10, 2009

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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MelcoLot Limited

(incorporated in the Cayman Islands with limited liability)

website: http://www.melcolot.com (Stock Code: 8198)

GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 23.06A of the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (the “ GEM Listing Rules ”).

The board of directors (the “Board” ) of MelcoLot Limited (the “ Company ”) hereby announces that on 10 July 2009, 34,968,000 share options (the “Share Options” ) to subscribe for a total of 34,968,000 new ordinary shares of HK$0.01 each (the “Shares” ) of the Company were granted to individuals (the “Grantees” ), subject to acceptance of the Grantees, under the share option scheme adopted by the Company on 20 April 2002. A summary of such grant is set out below: -

Date of grant : 10 July 2009 Exercise price of Share Options granted : HK$0.367 per Share Number of Share Options granted : 34,968,000 Closing price of the Shares on the date : HK$0.32 per Share of grant

Validity period of the Share Options : Ten years, from 10 July 2009 to 9 July 2019 Vesting date of the Share Options : Each one-third of the Share Options will be vested on the first, second and third anniversary dates of the date of grant respectively

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Among the Share Options granted above, 10,100,000 Share Options were granted to the directors of the Company (the “ Directors ”), details of which are as follows:-

			Number of Share
Name of Directors	Position(s) held with the Company		Options granted
Mr. Chan Sek Keung, Ringo	Chairman and Executive Director		3,000,000
Mr. Ko Chun Fung, Henry	Chief Executive Officer and		4,000,000
	Executive Director
Mr. Christos Moumouris	Executive Director		2,500,000
Mr. David Tsoi	Independent Non-executive	Director	200,000
Mr. Pang Hing Chung, Alfred	Independent Non-executive	Director	200,000
Mr. So Lie Mo, Raymond	Independent Non-executive	Director	200,000
		Total:	10,100,000

By order of the Board of MelcoLot Limited Chan Sek Keung, Ringo Chairman and Executive Director

Hong Kong, 10 July 2009

As at the date of this announcement, the Board consists of three executive Directors, namely, Mr. CHAN Sek Keung, Ringo, Mr. KO Chun Fung, Henry and Mr. Christos MOUMOURIS; and three independent non-executive Directors, namely, Mr. David TSOI, Mr. PANG Hing Chung, Alfred and Mr. SO Lie Mo, Raymond.

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: (1) the information contained in this announcement is accurate and complete in all material respects and not misleading; (2) there are no other matters the omission of which would make any statement in this announcement misleading; and (3) all opinions expressed in this announcement have been arrived at after due and careful consideration and are founded on bases and assumptions that are fair and reasonable.

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

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