Gilston Group Limited — Capital/Financing Update 2011

May 27, 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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開易控股有限公司 KEE HOLDINGS COMPANY LIMITED

(Incorporated in the Cayman Islands with limited liability) (Stock code: 2011)

GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The board of directors (the “Board”) of KEE Holdings Company Limited (the “Company”) announces that on 27 May 2011, the Company offered to grant share options (the “Options”) to certain director and employees of the Company (the “Grantees”), subject to the acceptance of the Grantees, to subscribe for up to a total of 24,880,000 ordinary shares of HK$0.01 each of the Company, under the share option scheme adopted by the Company on 14 December 2010. Details of the Options granted are as follows:

Date of grant	:	27 May 2011
Number of Options granted	:	24,880,000
Exercise price of Options granted	:	HK$1.39 per share
Closing price of the shares on the date of grant	:	HK$1.28 per share
The average closing price of the shares for the five	:	HK$1.27 per share
business days immediately preceding the date of
grant

The number of Options granted to the Grantees and the validity period of the Options are as follows:

The number of Options granted tfollows:Name of GranteesNumbe			o the Grantees and the validity period of the Options are asr of OptionsGrantedValidity Period of the Options
	Name of GranteesNumbe		r of OptionsGrantedValidity Period of the Optio	ns
	Executive DirectorYang Shaolin		318,000From the day after the 2011being announced to the dannual results being announc318,000From the day after the 2012being announced to the dannual results being announc424000From the da after the 2013	annual resultsay the 2016edannual resultsay the 2016edannual results
			,ybeing announced to the dannual results being announc424,000From the day after the 2014being announced to the dannual results being announc636,000From the day after the 2015being announced to the dannual results being announc	ay the 2016edannual resultsay the 2016edannual resultsay the 2016ed
	Employees		3,414,000From the day after the 2011being announced to the dannual results being announc3,414,000From the day after the 2012being announced to the dannual results being announc4,552,000From the day after the 2013bi d t th	annual resultsay the 2016edannual resultsay the 2016edannual resultsth 2016
			eg aouce o eannual results being announc4,552,000From the day after the 2014being announced to the dannual results being announc6,828,000From the day after the 2015being announced to the dannual results being announc	ay eedannual resultsay the 2016edannual resultsay the 2016ed
	Total	24,880,000

By Order of the Board KEE Holdings Company Limited Xu Xipeng Chairman

Hong Kong, 27 May 2011

As at the date of this announcement, the directors of the Company are:

Executive Directors: Mr Xu Xipeng Mr Xu Xinan Mr Yang Shaolin

Non-executive Director: Mr Chow Hoi Kwang, Albert

Independent non-executive Directors: Mr Lin Bin Mr Kong Hing Ki Mr Tam Yuk Sang, Sammy