E-Commodities Holdings Limited — Major Shareholding Notification 2011

May 20, 2011

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)

VOLUNTARY ANNOUNCEMENT SALE OF EXISTING SHARES BY A SIGNIFICANT SHAREHOLDER

This announcement is made by Winsway Coking Coal Holdings Limited (the “ Company ”) on a voluntary basis.

The board of directors of the Company (“ Directors ”) announces that it has been informed by Winstar Capital Group Limited (“ Winstar ”), a wholly owned subsidiary of HOPU USD Master Fund I L.P. (“ HOPU ”) and one of the signifi cant shareholders of the Company, that during trading hours on 20 May 2011, Winstar sold an aggregate of 163,000,000 ordinary shares of the Company (“ Shares ”) through a secondary offering at a price of HK$3.92 per Share (the “ Sale ”) on The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”).

As advised by HOPU, the offering of 163,000,000 Shares by HOPU was made after the expiry of the six-month contractual lock-up period following the listing of the Shares on the Stock Exchange (the “ Listing ”) and in the interests of realising value for HOPU’s investors from its investment in the Company at the earliest practicable opportunity. The Company has valued the support and confi dence shown in the Company by HOPU and the advice of its appointed representative on the board of directors of the Company. The Company further confi rms that it has been carrying out its business as committed to its shareholders since the Listing and up to the date of this announcement.

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Immediately prior to the Sale, Winstar directly held 351,654,602 Shares, representing approximately 9.277% of the existing issued Shares. Upon completion of the Sale, Winstar will hold 188,654,602 Shares, representing approximately 4.977% of the existing issued Shares.

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

Hong Kong, 20 May 2011

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.

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