E-Commodities Holdings Limited — Capital/Financing Update 2012

Sep 28, 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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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)

TERMINATION OF SHARE SALE AND PURCHASE AGREEMENT

Reference is made to the announcement of the Company dated 23 April 2012 (the “ Announcement ”) in relation to, amongst other things, the proposed acquisition of the Target Shares by the Investor from Winsway Resources pursuant to the Share Sale and Purchase Agreement (the “ Proposed Transaction ”). Unless otherwise specifi ed, capitalised terms used in this announcement shall have the same meanings as those defi ned in the Announcement.

As disclosed in the Announcement, Completion of the Proposed Transaction was conditional upon the fulfi llment or waiver of certain conditions precedent under the Share Sale and Purchase Agreement, which should be fulfi lled or waived on or before 30 September 2012 (the “ Long Stop Date ”).

The Company was notifi ed by Winsway Resources today that since the Investor is unable to complete the process for the obtaining of the necessary approvals from relevant PRC and overseas government authorities in respect of the Proposed Transaction on or before the Long Stop Date, Winsway Resources, Mr. Wang and the Investor have agreed to terminate the Share Sale and Purchase Agreement, including the Proposed Transaction, with effect from 28 September 2012.

Following termination of the Share Sale and Purchase Agreement, the Company does not have plans to make any changes to the current board of directors or senior management in the foreseeable future as contemplated under the Announcement.

By order of the Board of Winsway Coking Coal Holdings Limited Cao Xinyi Company Secretary

28 September 2012

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. Delbert Lee Lobb, Jr., Mr. Liu Qingchun and Mr. Lu Chuan and the independent non-executive directors of the Company are Mr. James Downing, Mr. Ng Yuk Keung, Mr. Wang Wenfu and Mr. George Jay Hambro.