E-Commodities Holdings Limited — Capital/Financing Update 2013

Oct 14, 2013

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.

The Singapore Exchange Securities Trading Limited assumes no responsibility for the correctness of any of the statements made in this announcement.

This announcement is not an offer to purchase or a solicitation of an offer to sell securities and neither this announcement nor anything herein forms the basis for any contract or commitment whatsoever. This announcement does not constitute, and may not be used in connection with, any form of offer or solicitation in any place where such offers or solicitations are not permitted by law. This announcement is not for release, publication or distribution in or into, or to any person resident and/or located in, any jurisdiction where such release, publication or distribution is unlawful.

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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)

COMPLETION OF TENDER OFFER AND CONSENT SOLICITATION

FOR THE OUTSTANDING 8.50% SENIOR NOTES DUE 2016

This announcement is made by the Company pursuant to Rule 13.09(2)(a) of the Listing Rules and the Inside Information Provisions under Part XIVA of the SFO.

The Offer was completed on Friday, October 11, 2013. The Company has initiated the process of cancelling all the Notes purchased by the Company pursuant to the Tender Offer and the current Notes held by the Company and its affi liates.

This announcement is made by Winsway Coking Coal Holdings Limited (the “ Company ”) pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“ Listing Rules ”) and the Inside Information Provisions (as defi ned under the Listing Rules) under Part XIVA of the Securities and Future Ordinance (Chapter 571, Laws of Hong Kong) (the “ SFO ”).

Reference is made to the announcements of the Company dated August 20, 2013 (the “ Launch Announcement ”), September 9, 2013, September 25, 2013 and October 9, 2013 in relation to the Offer. Unless otherwise defi ned herein, capitalised terms used in this announcement shall have the same meanings as those defi ned in the Launch Announcement.

The Company announces that settlement in respect of the Offer occurred on Friday, October 11, 2013 (the “ Settlement Date ”). Pursuant to the Tender Offer, the Company has repurchased Notes having an aggregate principal amount of US$151,190,000.

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The Company has initiated the process of cancelling all the Notes purchased by the Company pursuant to the Tender Offer and the current Notes held by the Company and its affi liates.

Following the completion of the Tender Offer and cancellation of the Notes purchased pursuant to the Tender Offer and currently held by the Company and its affi liates, the outstanding aggregate principal amount of the Notes is US$309,310,000 and Holders thereof are subject to the terms of the Indenture, as supplemented and amended by the supplemental indenture executed between the Company, the Subsidiary Guarantors (as defi ned in the Indenture) and the Trustee on the Settlement Date, which has adopted the amendments proposed to the Indenture in the Offer to Purchase.

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

Hong Kong, 14 October 2013

As at the date of this announcement, the executive Directors of the Company are Mr. Wang Xingchun, Ms. Zhu Hongchan, Mr. Yasuhisa Yamamoto, Ms. Ma Li and Mr. Cui Yong, the non-executive Directors of the Company are Mr. Daniel J. Miller, 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.

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