Futong Technology Development Holdings Limited — Capital/Financing Update 2012

Jul 31, 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.

This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities of Futong Technology Development Holdings Limited

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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)

ANNOUNCEMENT

DISCLOSEABLE AND CONNECTED TRANSACTION RESTATED TENTATIVE CLOSING DATE

References are made to the announcements of Futong Technology Development Holdings Limited (the “ Company ”) dated 9 December 2011, 12 December 2011 and 13 April 2012 (the “ Announcements ”) in relation to the deemed disposal of interest in the Joint Venture Company and the entering into of the Deed of Cross Indemnity. Unless otherwise defined, capitalized terms used in this announcement shall have the same meanings as those defined in the Announcements.

Pursuant to the Subscription Agreements as amended by a supplemental agreement dated 13 April 2012 (the “ Supplemental Agreement ”), Closing is subject to the satisfaction (or waiver, where applicable) of the conditions precedent set forth therein on or before the Tentative Closing Date (i.e. 31 July 2012). The Company has been informed by GW that the approval documents from the National Development and Reform Commission has been received, but more time than expected is required to obtain the other relevant Governmental approvals in the PRC (including the approvals from the State Administration of Foreign Exchange, etc.). The parties to the Subscription Agreements entered into a second supplemental agreement on 31 July 2012 to restate the Tentative Closing Date from 31 July 2012 to 31 December 2012. Save for the restatement of the Tentative Closing Date, all the terms of the Subscription Agreements and the Supplemental Agreement remain unchanged.

For and on behalf of the Board

Futong Technology Development Holdings Limited Chen Jian Chairman

Hong Kong, 31 July 2012

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.