ICO Group Limited — Capital/Financing Update 2010

Feb 11, 2010

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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JACKIN INTERNATIONAL HOLDINGS LIMITED 輝影國際集團有限公司[*]

(Incorporated in Bermuda with limited liability)

(Stock Code : 630)

CLARIFICATION ANNOUNCEMENT

The Board noted that there were press reports on 11 February 2010 about the proposed acquisition of three mining projects in the United States by the Company as detailed in its announcement (the “ Announcement ”) dated 8 January 2010, and wishes to make the following clarifications. Capitalised term used in this announcement shall have the same meanings as defined in the Announcement, unless otherwise defined herein.

1. China National Gold Group Corporation and China National Gold Oversea have not expressed any intention to any party, including the Company, to acquire mine interests in the United States through the Company.

2. China National Gold Oversea, a subsidiary of China National Gold Group Corporation, has agreed to provide to the Company consultancy services for a term of 10 years pursuant to the Consultancy Agreement, and in return for the services, the Company has agreed to pay China National Gold Oversea 150,000,000 new Shares and convertible notes in an aggregate principal amount of HK$125 million, which are convertible into 100,000,000 new Shares at the initial conversion price of HK$1.25 per Share.

3. For identification purposes only

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1. China National Gold Oversea is desirous to fulfill its obligations and responsibilities under the Consultancy Agreement and give full support to the Company in the development of the mining business which the Company proposed to acquire as detailed in the Announcement.

By order of the Board Jackin International Holdings Limited Yip Wai Lun, Alvin Executive Director

Hong Kong, 11 February 2010

As at the date of this announcement, Ms. Ho Yin King, Helena, Mr. Yip Wai Lun, Alvin, Mr. Ma Bo Ping, Mr. Zhou Yu Sheng and Ms. Lam Suk Ling, Shirley are the executive directors of the Company and Mr. Leung Ka Kui, Johnny, Mr. Chan Kam Kwan, Jason and Mr. Lo Kok Kee are the independent non-executive directors of the Company.

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