Guoco Group Limited — Share Issue/Capital Change 2011

Apr 15, 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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FAR EAST HOTELS AND ENTERTAINMENT LIMITED

遠東酒店實業有限公司

(Incorporated in Hong Kong with limited liability)

(Stock Code: 0037)

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 “ Stock Exchange ”).

The board of directors (the “ Board ”) of Far East Hotels And Entertainment Limited (the “ Company ”) announces that on 15 April 2011, share options (the “ Share Options ”) to subscribe for 4,500,000 ordinary shares of HK$0.10 each (the “ Shares ”) in the Company were granted to Mr. Derek Chiu (the “ Grantee ”), an executive and managing director, chief executive and substantial shareholder of the Company, under the Share Option Scheme adopted by the Company on 1 June 2007, subject to the acceptance of the Grantee with details as follows:

Date of grant : 15 April 2011 Exercise price of Share : HK$0.2498 per Share Options granted (being the highest of (i) the closing price of HK$0.240 per Share as stated in the Stock Exchange’s daily quotations sheet on the date of grant of the Share Options; (ii) the average closing price of HK$0.2498 per Share as stated in the Stock Exchange’s daily quotations sheets for the five business days immediately preceding the date of grant of the Share Options and (iii) the nominal value of HK$0.10 per Share)

Number of Share Options : Share Options to subscribe for an aggregate of Granted 4,500,000 Shares

Closing price of the : HK$0.240 per Share Shares on the date of grant Validity period of the : From 15 April 2011 up to 14 April 2021 Share Options

By order of the Board Far East Hotels And Entertainment Limited Desmond Chiu Deputy Managing Director

Hong Kong, 15 April 2011

As at the date of this announcement, the executive Directors are Mr. Deacon Te Ken Chiu, Mr. Derek Chiu, Mr. Desmond Chiu, Ms. Margaret Chiu; the non-executive Directors are Mrs. Chiu Ju Ching Lan, Mr. Dick Tat Sang Chiu, Mr. David Chiu, Mr. Dennis Chiu, Mr. Duncan Chiu; the independent non-executive Directors are Mr. Ip Shing Hing, Mr. Ng Wing Hang Patrick, Mr. Choy Wai Shek Raymond.