E-Commodities Holdings Limited — Capital/Financing Update 2010

Oct 19, 2010

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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WINSWAY COKING COAL HOLDINGS LIMITED 永暉焦煤股份有限公司

(Incorporated in the British Virgin Islands with limited liability)

(Stock Code: 1733)

ANNOUNCEMENT

PRICE-SENSITIVE INFORMATION

The Company announces that the Coal Supply Agreements were entered into between Winsway Singapore and SouthGobi, pursuant to which Winsway Singapore has agreed to purchase, and SouthGobi has agreed to sell, up to 1,200,000 tonnes of semi-soft coking coal.

This announcement is made by Winsway Coking Coal Holdings Limited (the “Company”, together with its subsidiaries referred to as the “Group”) pursuant to Rule 13.09(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The Company announces that Winsway Resources Holdings Private Limited (“Winsway Singapore”), a directly wholly owned subsidiary of the Company, and SouthGobi Sands LLC (“SouthGobi”), a company established under the laws of Mongolia, have entered into two Coal Supply Agreements (“Coal Supply Agreements”) which took effect from 15 October 2010 for a purchase of an aggregate of up to 1,200,000 tonnes of semi-soft coking coal to be delivered within the last quarter of 2010, of which up to 200,000 tonnes is intended to be used by ECCW (Tangshan) Jiahua Coking & Chemical Co., Ltd. or such other end users as agreed by SouthGobi. The terms were arrived at after arm’s length negotiations between the parties and were based on normal commercial terms and the current market conditions.

The Company and SouthGobi are also engaged in an on-going dialogue about potential long-term cooperation.

By Order of the board of Directors Winsway Coking Coal Holdings Limited Cao Xinyi Company Secretary

Hong Kong, 19 October 2010

As at the date of this announcement, the executive Directors of the Company are Mr. Wang Xingchun, Ms. Zhu Hongchan, Mr. Yasuhisa Yamamoto, Mr. Apolonius Struijk and Mr. Cui Yong, the non-executive Directors of the Company are Mr.Cui Guiyong, Mr. Liu Qingchun and Mr. Lu Chuan and the independent non-executive Directors are Mr. James Downing, Mr. Ng Yuk Keung, Mr. Wang Wenfu and Mr. George Jay Hambro.