Labixiaoxin Snacks Group Limited — Capital/Financing Update 2014

Jul 16, 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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LABIXIAOXIN SNACKS GROUP LIMITED 蠟筆小新休閒食品集團有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 1262)

VOLUNTARY ANNOUNCEMENT RELATING TO THE EARLY REPAYMENT UNDER THE FACILITY AGREEMENT

This voluntary announcement is made by Labixiaoxin Snacks Group Limited (the “ Company ”, together with its subsidiaries, the “ Group ”).

Reference is made to the announcements of the Company dated 25 February 2013, 12 May 2014 and 18 June 2014 (the “ Announcements ”). Unless otherwise stated, capitalised terms used herein shall have the same meanings as defined in the Announcements.

The board of directors of the Company (the “ Board ”) wishes to announce that as at the date of this announcement, the Company has transmitted US$37.5 million to the Facility Agent, representing 50% of the total amount outstanding under the Facility, for the purpose of repayment of the Facility. The remaining balance of the outstanding Facility will be repayable in full on 25 February 2015. The Board confirms that, as at the date of this announcement, the Company has no intention to seek for early repayment of the remaining balance of the outstanding Facility and it has not received any request for early repayment of the remaining balance of the outstanding Facility.

The Board further confirms that the repayment will not have any material impact to the financial condition of the Group’s working capital and the business operations of the Group.

By order of the Board Labixiaoxin Snacks Group Limited Zheng Yu Long Chairman

Hong Kong, 16 July 2014

As at the date of this announcement, the executive directors of the Company are Zheng Yu Long, Zheng Yu Shuang and Zheng Yu Huan; the non-executive director of the Company is Li Hung Kong; and the independent non-executive directors of the Company are Li Zhi Hai, Sun Kam Ching and Chung Yau Tong.