ICO Group Limited — Capital/Financing Update 2011

Sep 29, 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.

(Incorporated in Bermuda with limited liability)

(Stock Code : 630)

REVISED TIMETABLE FOR CAPITAL REORGANISATION AND RIGHTS ISSUE

Reference is made to (i) the announcement of the Company dated 11 August 2011 in relation to, among other things, the expected timetable for the Capital Reorganisation and Rights Issue (the “Announcement”); (ii) the circular of the Company dated 12 August 2011 in respect of, among other things, the Capital Reorganisation, Redemption and the Rights Issue; and (iii) the prospectus of the Company dated 15 September 2011 regarding the Rights Issue (the “Prospectus”).

Terms used in this announcement shall have the same meanings as those defined in the Prospectus unless the context requires otherwise.

REVISED TIMETABLE

As set out in the Announcement and the Prospectus, if there is a tropical cyclone warning signal number 8 or above in force in Hong Kong at any local time between 12:00 noon and 4:00 p.m. on the Last Acceptance Date, the Latest Time for Acceptance will be rescheduled to 4:00 p.m. on the next Business Day which does not have the warnings in force at any time between 9:00 a.m. and 4:00 p.m.. Given that the tropical cyclone warning signal number 8 was hosted in the aforesaid period on Thursday, 29 September 2011, the Latest Time for Acceptance has been rescheduled to 4:00 p.m. on Friday, 30 September 2011.

Set out below is the revised timetable of the Capital Reorganisation and the Rights Issue. The revised timetable is subject to change, and any changes will be announced in a separate announcement by the Company as and when appropriate. Shareholders are recommended to consult their licensed securities dealers, registered institution in securities, other licensed corporations, bank managers, solicitors, professional accountants or other professional advisers if they are in any doubt about the arrangements described below.

• For identification purposes only

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2011

Latest Time for Acceptance . . . . . . . . . . . . . . . . . . . . . . . 4:00 p.m. on Friday, 30 September Latest Time for Termination . . . . . . . . . . . . . . . . . . . . . . . . . 5:00 p.m. on Tuesday, 4 October Underwriting Agreement becomes unconditional . . . . . . . . . . 5:00 p.m. on Tuesday, 4 October Effective time and date of the Capital Reorganisation . . . . . 5:00 p.m. on Tuesday, 4 October First day of free exchange of existing certificates for Shares for new certificates for New Shares . . . . . . . . . . . . . . . . . . Thursday, 6 October Announcement of results of the Rights Issue . . . . . . . . . . . . . . . . . . . . . . . . Friday, 7 October Refund cheques in respect of wholly or partially unsuccessful applications for excess Rights Shares expected to be despatched on or before . . . . . . . . . . . . Tuesday, 11 October Certificates for the Rights Shares expected to be despatched on or before . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Tuesday, 11 October Dealings in fully-paid Rights Shares commence . . . . . . . . .9:00 a.m. on Thursday, 13 October Last day of free exchange of existing certificates for Shares for new certificates for New Shares . . . . . . . . . . . . . . . . . Monday, 7 November

Note:

1. All references to time in this announcement are references to Hong Kong time. Dates or deadlines specified in this announcement are indicative only and may be extended or varied.

By Order of the Board Guojin Resources Holdings Limited Yip Wai Lun, Alvin Chairman and Managing Director Hong Kong, 29 September 2011

As at the date of this announcement, Mr. Yip Wai Lun, Alvin, Ms. Lam Suk Ling, Shirley and Mr. Lee Cheuk Yin, Dannis are the executive Directors and Mr. Leung Ka Kui, Johnny, Mr. Chan Kam Kwan, Jason and Mr. Lau Man Tak are the independent non-executive Directors.

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