Enterprise Development Holdings Limited — Capital/Financing Update 2014

Dec 17, 2014

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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ENTERPRISE DEVELOPMENT HOLDINGS LIMITED 企展控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1808)

COMPLETION OF SHARE SUBSCRIPTION UNDER SPECIFIC MANDATE

The Board is pleased to announce that all conditions of the Subscription have been fulfilled and the completion of the Subscription took place on 17 December 2014.

350,000,000 Subscription Shares have been successfully allotted and issued to the Subscriber at the Subscription Price of HK$0.25 per Subscription Share pursuant to the terms and conditions of the Subscription Agreement.

Reference is made to the announcement of the Company dated 21 October 2014 in relation to the Subscription. Capitalized terms used in this announcement shall have the same meanings as those defined in the Announcement unless otherwise stated.

COMPLETION OF THE SUBSCRIPTION

The Board is pleased to announce that all conditions of the Subscription have been fulfilled and the completion of the Subscription took place on 17 December 2014. 350,000,000 Subscription Shares have been successfully allotted and issued to the Subscriber at the Subscription Price of HK$0.25 per Subscription Share pursuant to the terms and conditions of the Subscription Agreement.

SHAREHOLDING STRUCTURE OF THE COMPANY

The shareholding structure of the Company (i) immediately before Completion of the Subscription; and (ii) immediately after Completion of the Subscription is as follows:

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Name of ShareholdersSubstantial Shareholders:Affluent Start HoldingsInvestment Limited_(Note 1)Superbowl Development Limited(Note 2)Smart Jump Corporation(Note 3)_Public Shareholders:Public ShareholdersTotal	Name of ShareholdersSubstantial Shareholders:Affluent Start HoldingsInvestment Limited_(Note 1)Superbowl Development Limited(Note 2)Smart Jump Corporation(Note 3)_Public Shareholders:Public ShareholdersTotal	Immediately beforeCompletion of the SubscriptionNo. of SharesApproximate %	Immediately beforeCompletion of the SubscriptionNo. of SharesApproximate %	Immediately afterCompletion of the SubscriptionNo. of Shares Approximate %604,355,00028.63200,000,0009.47350,000,00016.58956,512,52045.322,110,867,520100.00	Immediately afterCompletion of the SubscriptionNo. of Shares Approximate %604,355,00028.63200,000,0009.47350,000,00016.58956,512,52045.322,110,867,520100.00
	uent Start Holdingsvestment Limited_(Note 1)_erbowl Development Limited	604,355,000	34.32
	te 2)rt Jump Corporation_(Note 3)_	200,000,000-	11.36-
	lic Shareholders:
		956,512,5201,760,867,520	54.32100.00
					100.00

Notes:

1. Affluent Start Holdings Investment Limited is a company incorporated in the British Virgin Islands with limited liability which is wholly and beneficially owned by Mr. King Pak Fu.

2. Superbowl Development Limited is a company incorporated in the British Virgin Islands with limited liability which is wholly and beneficially owned by Mr. Chen Jianjun.

3. Smart Jump Corporation, the Subscriber, is a company incorporated in the British Virgin Islands with limited liability which is an indirect non-wholly owned subsidiary of Freeman Financial Corporation Limited (stock code: 279), a company with limited liability incorporated under laws of Cayman Islands, the share capital of which is listed on the main board of The Stock Exchange of Hong Kong Limited.

By order of the Board

Enterprise Development Holdings Limited

Jia Bowei Chairman

Hong Kong, 17 December 2014

As at the date of this announcement, the Board comprises three executive Directors, namely Mr. Jia Bowei (Chairman), Mr. Lam Kwan Sing (Chief Executive Officer) and Mr. Wang Jun, and three independent non-executive Directors, namely Mr. Yau Yan Ming Raymond, Ms. Hu Gin Ing and Mr. Zhang Xiaoman.

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