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DT Capital Limited M&A Activity 2012

Oct 3, 2012

49154_rns_2012-10-03_97023f44-2c83-4eeb-a09f-6d58d758d81d.pdf

M&A Activity

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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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INTERCHINA HOLDINGS COMPANY LIMITED

國中控股有限公司

(incorporated in Hong Kong with limited liability)

(Stock Code: 00202)

EXTENSION OF THE EXCLUSIVITY PEIROD IN RESPECT OF THE POSSIBLE ACQUISITION

Reference is made to the Company's announcement dated 28 June 2012 (the "Announcement") regarding the Memorandum of Understanding in respect of the Possible Acquisition which related to further acquire 35% interest in SLP in which the Company already hold 65% interest. Unless otherwise specified, terms used herein shall have the same meaning as defined in the Announcement.

The Board wishes to announce that on 3 October 2012, after trading hours, the Purchaser and the Vendors signed a letter for the extension of the exclusivity period under the MOU, pursuant to which the parties mutually agreed to extend the exclusivity period from 30 September 2012 to 31 December 2012, or at such later date as may be mutually agreed between the Purchaser and the Vendors. In the event that the Sale and Purchase Agreement has not been entered into between the Purchaser and the Vendors prior to 31 December 2012, the Vendors shall refund the Earnest Money to the Purchaser within five working days after 31 December 2012 or termination of the MOU. Save for the aforesaid, all other terms of the MOU shall remain unchanged.

The Board wishes to emphasise that the Possible Acquisition may or may not proceed. In the event that any formal agreement is entered into, the Possible Acquisition may constitute a notificable transaction for the Company under the Listing Rules and the Company will make further announcement(s) as and when appropriate. Shareholders and potential investors should exercise caution when dealing in the Shares.


By Order of the Board
Interchina Holdings Company Limited
Lam Cheung Shing, Richard
Chief Executive Officer and Executive Director

Hong Kong, 3 October 2012

As at the date of this announcement, the executive Directors are Mr. Jiang Zhaobai, Mr. Shen Angang, Mr. Lam Cheung Shing, Richard, Mr. Zhu Yongjun, Mr. Zhu Deyu and Mr. Lu Yaohua; and the independent non-executive Directors are Mr. Ho Yiu Yue, Louis, Mr. Ko Ming Tung, Edward and Mr. Chen Yi, Ethan.

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