Harbour Centre Development Limited — Capital/Financing Update 2012

Mar 6, 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.

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FAR EAST CONSORTIUM INTERNATIONAL LIMITED (Incorporated in the Cayman Islands with limited liability) Website: http://www.fecil.com.hk

(Stock Code: 35)

NOTICE TO BONDHOLDERS OF BONDS REDEEMED AND CANCELLED

Far East Consortium International Limited HK$800,000,000 3.625 per cent. Convertible Bonds due 2015 (the “Company” and the “Bonds” respectively) (Stock Code: 4317)

NOTICE IS HEREBY GIVEN THAT the Company had redeemed part of the Bonds in the principal amount of HK$649,500,000 representing approximately 95.10% of the outstanding principal amount of HK$683,000,000 as of 5th March, 2012 (“ Redeemed Bonds ”) upon the exercise of the put option by bondholders on 5th March, 2012. All the Redeemed Bonds shall be cancelled by removing the relevant bondholder(s)’s name(s) from the relevant register and the cancellation of the corresponding certificates.

As a result of the event described above, the outstanding principal amount of the Bonds as of the date of this announcement is HK$33,500,000 with the conversion price of the Bonds being HK$3.30.

By Order of the Board Far East Consortium International Limited Boswell Wai Hung CHEUNG Company Secretary

Hong Kong, 6th March, 2012

As at the date of this announcement, the Board comprises three Executive Directors, namely Tan Sri Dato’ David CHIU, Mr. Dennis CHIU and Mr. Craig Grenfell WILLIAMS; one Non- Executive Director, namely Mr. Daniel Tat Jung CHIU; and three Independent Non-Executive Directors, namely Mr. Kwok Wai CHAN, Mr. Peter Man Kong WONG and Mr. Kwong Siu LAM.