ICO Group Limited — M&A Activity 2014

Sep 17, 2014

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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(Incorporated in Bermuda with limited liability)

(Stock Code : 630)

LAPSE OF MEMORANDUM OF UNDERSTANDING IN RESPECT OF POSSIBLE FORMATION OF JOINT VENTURE

Reference is made to the announcement of the Company dated 18 June 2014 in relation to the MOU for the proposed formation of the JV Company (the “ Announcement ”). Capitalised terms used herein shall have the same meanings as those defined in the Announcement unless defined otherwise.

The board (the “ Board ”) of directors (the “ Directors ”) of the Company wishes to announce that the Company and SNL have not reached agreement to the Definitive Agreement before the lapse of the MOU on 17 September 2014. Accordingly, the MOU has lapsed and ceased to have further effect. None of the parties shall have any further obligations, liabilities or claims towards the other, save for confidentiality and certain miscellaneous matters. The lapse of the MOU does not have any material adverse impact on the existing business position or the financial position of the Group as a whole.

• For identification purposes only

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Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board AMCO United Holding Limited Yip Wai Lun, Alvin Chairman and Managing Director

Hong Kong, 17 September 2014

As at the date of this announcement, Mr. Yip Wai Lun, Alvin and Ms. Leung Mei Han 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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