Futong Technology Development Holdings Limited — Audit Report / Information 2011

Jul 19, 2011

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Futong Technology Development Holdings Limited 富通科技發展控股有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock code: 465)

CHANGE OF AUDITORS

The Board announces that KPMG has resigned as auditors of the Company with effect from 19 July 2011. The Board also confirms that following the resignation of KPMG, Deloitte Touche Tohmatsu has been appointed as auditors of the Company to fill the casual vacancy, and to hold office until the conclusion of the next annual general meeting of the Company.

The board of directors (the “ Board ”) of Futong Technology Development Holdings Limited (the “ Company ”) announces that the Company has received a letter from KPMG dated 19 July 2011 informing the Board of their resignation as auditors of the Company with effect from the same date. The Board also announces that Deloitte Touche Tohmatsu has been appointed as auditors of the Company with effect from 19 July 2011 to fill the casual vacancy arising therefrom and will hold office until the conclusion of the next annual general meeting of the Company.

The reason for the resignation of KPMG as auditors is that the Company and KPMG could not reach an agreement on the fees for the audit of the Company’s financial statements for the financial year ending 31 December 2011. KPMG has confirmed that there are no matters that need to be brought to the attention of the shareholders of the Company.

Save for the above, the Board also confirms that there are no circumstances that need to be brought to the attention of the shareholders of the Company in respect of the change in auditors of the Company.

For and on behalf of the Board Futong Technology Development Holdings Limited Chen Jian Chairman

Hong Kong, 19 July 2011

As at the date of this announcement, the executive Directors are Mr. Chen Jian, Ms. Zhang Yun and Mr. Guan Tao; and the independent non-executive Directors are Mr. Lee Kwan Hung, Mr. Yuan Bo and Mr. Ho Pak Tai Patrick.