S E A Holdings Limited — Capital/Financing Update 2011

Nov 30, 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.

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The Hong Kong Building and Loan Agency Limited 香港建屋貸款有限公司

(Incorporated in Hong Kong with limited liability)

(Stock code: 145)

PLACING OF NEW SHARES UNDER SPECIFIC MANDATE

ADJOURNMENT OF THE EXTRAORDINARY GENERAL MEETING

Reference is made to the circular of The Hong Kong Building and Loan Agency Limited (the “ Company ”) dated 15 November 2011 (the “ Circular ”). Unless the context otherwise requires, terms used in this announcement shall have the same meaning as those defined in the Circular.

In view of the adverse conditions in the worldwide financial markets and the tumultuous stock market in Hong Kong, and that as such there may or may not ensuing changes to: (1) the terms of the Second Placing Agreement and/or (2) the Acquisition, following discussions with the Placing Agent and the Vendors, the board (the “ Board ”) of directors (the “ Directors ”) of the Company has resolved to adjourn the EGM to a time and date to be determined by the Board.

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At the EGM held on 30 November 2011, the chairman of the EGM has reported and explained to the shareholders present the above-mentioned decision of the Board and declared that the EGM be adjourned to a time and date to be determined by the Board.

The Company will make further announcement(s) as soon as practicable when the time and date for holding the EGM is fixed.

Completion of the Second Placing is still conditional upon, among others, the fulfillment (or waiver, as the case may be) of the conditions precedent set out in the Second Placing Agreement. Accordingly, the Second Placing may or may not proceed. Shareholders and potential investors are advised to exercise caution when dealing in the Shares.

By order of the Board The Hong Kong Building and Loan Agency Limited So Yuen Chun Executive Director

Hong Kong, 30 November 2011

As at the date of this announcement, the Board comprises Mr. So Yuen Chun and Mr. Soong Kok Meng being executive Directors; Mr. Lam Kwok Hing, Wilfred being non-executive Director; and Mr. Ng Cheuk Fan, Keith, and Mr. Yeung Wai Hung, Peter being independent non-executive Directors.

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