IRC Limited — Board/Management Information 2011

Sep 6, 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.

Lai Sun Development Company Limited (Incorporated in Hong Kong with limited liability)

(Stock Code: 488)

SUPPLEMENTAL NOTICE OF EGM

SUPPLEMENTAL NOTICE IS HEREBY GIVEN THAT the extraordinary general meeting (the “ EGM ”) of the members (the “ Members ”) of Lai Sun Development Company Limited (the “ Company ”) will be held, as originally scheduled, at Harbour View Room III and IV, 3rd Floor, The Excelsior, Hong Kong, 281 Gloucester Road, Causeway Bay, Hong Kong on Thursday, 22 September 2011 at 10:30 a.m., to consider and, if thought fit, pass the following resolution as an ordinary resolution in addition to the resolutions set out in the previous notice of the EGM of the Company dated 5 September 2011 (the “ Notice ”):

• (3) To elect Mr. Lui Siu Tsuen, Richard as an executive director of the Company.

By Order of the Board Lai Sun Development Company Limited Kwok Siu Man Company Secretary

Hong Kong, 6 September 2011

Notes:

• (a) Reference is made to the Notice for the EGM to be held on Thursday, 22 September 2011 which contains the resolutions to be considered before the EGM.

To be in line with the code provision A.4.2 of the Code on Corporate Governance Practices contained in Appendix 14 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited which provides that all directors appointed to fill a casual vacancy should be subject to election by shareholders at the first general meeting after their appointment, the Company shall put forward before the EGM the additional resolution set out above for approval by the Members.

• (b) A supplemental form of proxy in respect of the resolution No. 3 mentioned above is enclosed with this supplemental Notice of EGM.

• (c) Members are reminded to read the previous Notice, including the notes to such Notice, for details in respect of other resolutions to be passed at the EGM, eligibility for attending the EGM, proxy, registration procedures and other relevant matters.

As at the date of this announcement, the executive Directors are Dr. Lam Kin Ngok, Peter (Chairman) and Messrs. Lau Shu Yan, Julius (Chief Executive Officer), Tam Kin Man, Kraven, Cheung Wing Sum, Ambrose, Lui Siu Tsuen, Richard and Cheung Sum, Sam; the non-executive Directors are Dr. Lam Kin Ming, Madam U Po Chu and Mr. Wan Yee Hwa, Edward; and the independent non-executive Directors are Messrs. Lam Bing Kwan, Leung Shu Yin, William and Ip Shu Kwan, Stephen.