S E A Holdings Limited — Capital/Financing Update 2012

Sep 14, 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 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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REVISED TIMETABLE FOR THE PROPOSED CAPITAL REORGANISATION

Reference is made to the circular (the “Circular”) dated 29 May 2012 and announcements of the Company dated 19 April 2012, 27 April 2012, 9 May 2012, 21 June 2012, 18 July 2012 and 14 August 2012 in relation to, among other matters, the proposed Capital Reorganization. Unless otherwise defined, capitalized terms used herein shall have the same meanings as defined as the Circular.

REVISED EXPECTED TIMETABLE

The court hearing for case management purpose has been re-scheduled to 6 November 2012 for the Company to file supplemental evidence to the Court. As of the date of this announcement, the Court has yet to provide the Company with any indicative timetable regarding the substantive hearing for the confirmation of the Capital Reduction.

The Company will make further announcement(s) in respect of the revised timetable as and when appropriate.

By order of the Board

The Hong Kong Building and Loan Agency Limited So Yuen Chun Executive Director

Hong Kong, 14 September 2012

As at the date of this announcement, the Board comprises Mr. So Yuen Chun and Mr. Yeung Kwok Leung being executive Directors; Mr. Lam Kwok Hing, Wilfred being non-executive Director; and Mr. Yeung Wai Hung, Peter and Mr. Lam Raymond Shiu Cheung being independent non-executive Directors.