IRC Limited — Capital/Financing Update 2014

Jun 24, 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.

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities.

This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States of America (“ United States ”). The CNY650,000,000 8.375 per cent. secured guaranteed notes due 2018 to be issued have not been and will not be registered under the United States Securities Act of 1933, as amended (“ Securities Act ”), or the securities laws of any other jurisdiction, and may not be offered or sold within the United States (as defined in Regulation S under the Securities Act (“ Regulation S ”)), except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Accordingly, the guaranteed notes will be offered and sold outside the United States in compliance with Regulation S.

NOTICE OF LISTING ON THE STOCK EXCHANGE OF HONG KONG LIMITED

eSun International Finance Limited

(Incorporated in the British Virgin Islands with limited liability)

CNY650,000,000

8.375 per cent. Secured Guaranteed Notes due 2018 (Stock Code: 85978)

Unconditionally and Irrevocably Guaranteed by

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with the benefit of a Keepwell and Security Shortfall Support Deed and a Deed of Equity Interest Purchase Undertaking by

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(Stock Code: 488)

Joint Lead Managers and Joint Bookrunners

ANZ DBS Bank Ltd. HSBC UBS

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Application has been made to The Stock Exchange of Hong Kong Limited for listing of and permission to deal in the CNY650,000,000 8.375 per cent. secured guaranteed notes due 2018 (“ Notes ”) of eSun International Finance Limited guaranteed by eSun Holdings Limited with the benefit of a keepwell and security shortfall support deed and a deed of equity interest purchase undertaking by Lai Sun Development Company Limited, by way of debt issues to professional investors only, as described in the offering circular dated 17 June 2014. The listing of and permission to deal in the Notes is expected to become effective on or about 25 June 2014.

Hong Kong, 24 June 2014

As at the date of this announcement, the board of directors of eSun International Finance Limited comprises Messrs. Lui Siu Tsuen, Richard, Chew Fook Aun and Lam Hau Yin, Lester.

As at the date of this announcement, the board of directors of eSun Holdings Limited comprises four executive directors, namely Messrs. Lui Siu Tsuen, Richard (Chief Executive Officer), Chew Fook Aun, Lam Hau Yin, Lester and Yip Chai Tuck; two non-executive directors, namely Madam U Po Chu and Mr. Andrew Y. Yan; and four independent non-executive directors, namely Messrs. Low Chee Keong (Chairman), Alfred Donald Yap and Lo Kwok Kwei, David and Dr. Ng Lai Man, Carmen.

As at the date of this announcement, the board of directors of Lai Sun Development Company Limited comprises four executive directors, namely Dr. Lam Kin Ngok, Peter (Chairman) and Messrs. Chew Fook Aun (Deputy Chairman), Lau Shu Yan, Julius (Chief Executive Officer) and Lam Hau Yin, Lester; two non-executive directors, namely Dr. Lam Kin Ming and Madam U Po Chu; and three independent non-executive directors, namely Messrs. Lam Bing Kwan, Leung Shu Yin, William and Ip Shu Kwan, Stephen.

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