Crypto Flow Technology Limited — M&A Activity 2008

Dec 9, 2008

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Melco LottVentures Limited

(incorporated in the Cayman Islands with limited liability) website: http://www.melcolottventures.com.hk (Stock Code: 8198)

COMPLETION OF VERY SUBSTANTIAL ACQUISITION

Financial adviser to the Company

The Board is pleased to announce that the Completion took place on 9 December 2008 in accordance with the terms of the Asset Transfer Agreement.

Reference is made to the announcements of the Company dated 28 September 2008, 7 November 2008 and 4 December 2008 respectively, and the circular of the Company dated 11 November 2008 (the “ Circular ”), in relation to, among other things, the entering into of the Asset Transfer Agreement (as amended by a supplemental agreement dated 26 September 2008), between the Company and the Vendor. Unless otherwise defined herein, capitalized terms used herein shall have the same meanings as those defined in the Circular.

On 4 December 2008, all the resolutions were duly passed at the EGM. As at 5 December 2008, all the conditions set out in the Asset Transfer Agreement have been fulfilled. The Board is pleased to announce that the Completion took place on 9 December 2008 in accordance with the terms of the Asset Transfer Agreement.

By order of the Board of Melco LottVentures Limited Chan Sek Keung, Ringo Chairman

Hong Kong, 9 December 2008

As at the date of this announcement, the Board consists of two executive Directors, namely Mr. CHAN Sek Keung, Ringo and Mr. KO Chun Fung, Henry; and three independent nonexecutive 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 www.hkgem.com for at least 7 days from its date of publication and on the Company’s website at www.melcolottventures.com.hk.