Parkson Retail Group Limited — Share Issue/Capital Change 2012

Nov 27, 2012

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 disclaims 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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PARKSON RETAIL GROUP LIMITED 百盛商業集團有限公司

(Incorporated in the Cayman Islands with limited liability) (Stock Code: 3368)

GRANT OF SHARE OPTIONS

This Announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”).

The Board of Directors (the “Board”) of Parkson Retail Group Limited (the “Company”) announces that the Company has on 27 November 2012 granted 34,635,000 share options (the “Options”) under the Share Options Scheme adopted on 9 November 2005 to 678 eligible Directors and employees (the “Eligible Persons”). Subject to the acceptance of the Eligible Persons, the Options shall entitle the Eligible Persons to subscribe for a total 34,635,000 new ordinary shares of HK$0.02 each in the capital of the Company (the “Shares”). Details of the Options granted are as follows:

Date of grant	: 27 November 2012
Exercise price	: HK$6.24 per Share
Closing price of the Shares on the date of	: HK$6.24
grant
Validity period of the Options	: Within 4 years from 1 January 2013

The Exercise Price of HK$6.24 per Share represents the highest of (i) the closing price of HK$6.24 per Share as stated in the daily quotation sheets issued by The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) on the date of grant; (ii) the average closing price of HK$5.89 per Share as stated in the daily quotation sheets issued by the Stock Exchange for the five trading days immediately preceding the date of grant; and (iii) the nominal value of the Share, which is HK$0.02.

Among the Options granted above, 4,600,000 Options were granted to the Chief Executive Officer and Directors of the Company as follow:

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Name Number of Options Granted Chief Executive Officer TAN Hun Meng : 1,500,000 Executive Directors CHENG Yoong Choong : 2,250,000 CHEW Fook Seng : 400,000 Independent Non-executive Directors YAU Ming Kim, Robert : 150,000 KO Tak Fai, Desmond : 150,000 STUDER Werner Josef : 150,000

By Order of the Board PARKSON RETAIL GROUP LIMITED Cheng Yoong Choong Managing Director

27 November 2012

As at the date of this announcement, the Executive Directors of the Company are Datuk Cheng Yoong Choong and Mr. Chew Fook Seng, the Non-executive Director is Tan Sri Cheng Heng Jem and the Independent Non-executive Directors are Mr. Ko Tak Fai, Desmond, Mr. Werner Josef Studer and Mr. Yau Ming Kim, Robert.

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