Dah Sing Banking Group Limited — Capital/Financing Update 2012

Dec 21, 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.

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(Incorporated in Hong Kong with limited liability under the Companies Ordinance) The holding company of Dah Sing Bank, Limited (Stock code: 2356)

GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”).

The board of directors (the “ Board ”) of Dah Sing Banking Group Limited (the “ Company ”) announces that on 21 December 2012, an aggregate of 4,000,000 share options (the “ Options ”) for subscription up to a total of 4,000,000 shares of HK$1 each in the capital of the Company were granted to certain directors and employees (the “ Grantees ”) under the share option scheme adopted by the Company on 12 June 2004, subject to the acceptance of the Grantees. Particulars of the Options as required to be disclosed pursuant to Rule 17.06A of the Listing Rules are as follows:

Date of grant: 21 December 2012 Exercise price HK$8.27 per share under the Options: Closing price of the shares HK$8.27 per share on the date of grant:

Validity period of Options: The Options granted will be evenly vested in respect of their underlying shares over a period of five years from the first anniversary of the date of grant.

The exercisable period of the Options commences on the first anniversary, and expires at the close of the day on the sixth anniversary, from the date of grant.

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Among the Options under this tranche of grant, a total of 1,900,000 shares in the Options were granted to the chief executive and directors of the Company, details of which are as follows:-

	Position(s)/Capacity held	Number of shares
Name of Grantee	in the Company	in the Options
Harold Tsu-Hing Wong	Managing Director and Chief Executive	1,000,000
Gary Pak-Ling Wang	Executive Director	900,000
	Total:	1,900,000

The remaining 2,100,000 shares in the Options were granted to four senior executives of the Group, each not being a director of the Company.

Save as disclosed above, none of the Grantees is a director, chief executive or substantial shareholder of the Company, or an associate (as defined in the Listing Rules) of any of them.

The granting of the Options has been unanimously approved by the Nomination and Remuneration Committee and all the Independent Non-executive Directors of the Company for the time being.

By Order of the Board DAH SING BANKING GROUP LIMITED H.L. Soo

Company Secretary

Hong Kong, 21 December 2012

As at the date of this announcement, the Board of the Company comprises Messrs. David Shou-Yeh Wong (Chairman), Hon-Hing Wong (Derek Wong) (Vice Chairman), Harold Tsu-Hing Wong (Managing Director and Chief Executive) and Gary Pak-Ling Wang as Executive Directors; Mr. Kazutake Kobayashi as Non-executive Director; Messrs. Robert Tsai-To Sze, Andrew Kwan-Yuen Leung, Seng-Lee Chan and Yuen-Tin Ng as Independent Non-executive Directors.

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