Redco Properties Group Limited — Capital/Financing Update 2014

Feb 23, 2014

Unless otherwise defined herein, terms used in this announcement shall have the same meanings as those defined in the prospectus dated 21 January 2014 of Redco Properties Group Limited (the “ Company ”).

This announcement is made pursuant to Section 9(2) of the Securities and Futures (Price Stabilizing) Rules (Chapter 571W of the Laws of Hong Kong). This announcement is for information purposes only and does not constitute an offer or an invitation to induce an offer by any person to acquire, purchase or subscribe for securities. Potential investors should read the prospectus for detailed information about the Company and the Global Offering described before deciding whether or not to invest in the Offer Shares.

This announcement is not for distribution, directly or indirectly, in or into the United States (including its territories and possessions, any state of the United States and the District of Columbia). This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities mentioned herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “ U.S. Securities Act ”). The securities may not be offered, sold, pledged or transferred in the United States absent registration or an exemption from registration under the U.S. Securities Act. There will be no public offer of securities of the Company in the United States.

Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and Hong Kong Securities Clearing Company 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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REDCO PROPERTIES GROUP LIMITED 力高地產集團有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 1622)

STABILISATION ACTIONS AND END OF STABILISATION PERIOD AND LAPSE OF OVER-ALLOTMENT OPTION

The Company announces that the stabilisation period in connection with the Global Offering ended on 23 February 2014, being the 30th day after the last day for the lodging of applications under the Hong Kong Public Offer.

No stabilising actions were undertaken by the Stabilising Manager during the stabilisation period.

The Over-allotment Option was not exercised during the stabilisation period and lapsed on 23 February 2014.

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This announcement is made pursuant to section 9(2) of the Securities and Futures (Price Stabilising) Rules (Chapter 571W of the Laws of Hong Kong).The Company announces that the stabilisation period in connection with the Global Offering ended on 23 February 2014, being the 30th day after the last day for the lodging of applications under the Hong Kong Public Offer.

The Company has been informed that no stabilising actions were undertaken by the Stabilising Manager during the stabilisation period.

LAPSE OF OVER-ALLOTMENT OPTION

The Company further announces that the Over-allotment Option was not exercised during the stabilisation period and lapsed on 23 February 2014. Accordingly, no Shares will be issued under the Over-allotment Option.

By Order of the Board Redco Properties Group Limited Huang Ruoqing Executive Director

Hong Kong, 24 February 2014

As at the date of this announcement, the executive Directors are Mr. Huang Ruoqing, Mr. Tang Chengyong, Mr. Hong Duxuan; and the independent non-executive Directors are Dr. Wong Yau Kar, David BBS, JP, Mr. Chau On Ta Yuen, Mr. Yip Tai Him and Mr. Chow Kwong Fai, Edward, JP.

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