S E A Holdings Limited — Capital/Financing Update 2012

May 9, 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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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)

REVISED EXPECTED TIMETABLE FOR THE PROPOSED CAPITAL REORGANISATION

Reference is made to the announcements of The Hong Kong Building and Loan Agency Limited (the “ Company ”) dated 19 April 2012 and 27 April 2012, respectively (collectively, the “ Announcements ”) with respect to, among others, the proposed Capital Reorganisation. Capitalised terms used herein shall have the same meaning as those in the Announcements, unless otherwise stated.

As additional time is required for the Company to finalise the circular with respect to, among others, the proposed Capital Reorganisation, the Board announce that the expected timetable for the proposed Capital Reorganisation has been revised, as follows:

Despatch of EGM Circular . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . on or before Wednesday, 30 May 2012

Latest time for lodging form of proxy

in respect of the EGM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11:00 a.m. Tuesday,

19 June 2012

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EGM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11:00 a.m. Thursday, 21 June 2012 Announcement of the result of the EGM to be published . . . . . . . . . . . . . . . . . . . . . . . . . . . . . not later than 11:00 p.m., Thursday, 21 June 2012 Notice of the hearing date of the petition published in the newspapers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . on or before Tuesday, 17 July 2012 Hearing of petition for confirmation of the Capital Reduction by the Court . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . on or before Tuesday, 31 July 2012 Announcement of the result of hearing of petition to confirm the proposed Capital Reduction and the Effective Date to be published. . . . . . . . . . . . . . . . . . . . . . . . . . . Tuesday, 31 July 2012 Registration of the Confirmation Order to confirm the proposed Capital Reduction and the resolution(s) thereof with the Companies Registrar . . . . . . . . . . . on or before Thursday, 2 August 2012 Effective date of the Capital Reorganisation . . . . . . . . . . . . . . . . . . after 4:00 p.m., Thursday, 2 August 2012 First day of free exchange of the existing Share certificates for the Adjusted Share certificates. . . . . . . . . . . . . . . . . . . . . . . . . . . Friday, 3 August 2012 Dealing in the Adjusted Shares commences . . . . . . . . . . . . . . . . . . . . . . . . . 9:00 a.m., Friday, 3 August 2012

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Original counter for trading in existing Shares in board lots of 8,000 Shares (in the form of existing share certificates) closes . . . . . . . . . . . . . . . . . . . 9:00 a.m., Friday, 3 August 2012 Temporary counter for trading in the Adjusted Shares in board lots of 800 Adjusted Shares (in the form of existing share certificates) opens. . . . . . . . . . . . . . . . . . . . 9:00 a.m., Friday, 3 August 2012 First day for designated broker to stand in the market to provide matching service for selling and buying of odd lots of the Adjusted Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9:00 a.m., Friday, 17 August 2012 Original counter for trading in the Adjusted Shares in board lots of 8,000 Adjusted Shares (in the form of new share certificates) re-opens. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9:00 a.m., Friday, 17 August 2012 Parallel trading in the Adjusted Shares (in the form of new and existing share certifications) commences. . . . . . . . . . . . . . . . . . . . . . . . . . 9:00 a.m., Friday, 17 August 2012 Latest time for designated broker to stand in the market to provide matching service for selling and buying of odd lots of the Adjusted Shares . . . . . . . . . . . . . . . . . . . . . . .4:00 p.m., Thursday, 6 September 2012 Temporary counter for trading in the Adjusted Shares in board lots of 800 Adjusted Shares (in the form of existing share certificates) removed. . . . . . . . . . . . . . . .4:00 p.m., Thursday, 6 September 2012

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Parallel trading in the Adjusted Shares

(in the form of new and existing share certificates) ends. . . . . . . . . . . .4:00 p.m., Thursday, 6 September 2012

Last day of free exchange of the existing Share certificates

for the Adjusted Share certificates. . . . . . . . . . . . . . . . . . . . . . Monday, 10 September 2012

All times stated in the above timetable refer to Hong Kong time.

The above expected timetable is for indicative purposes and is subject to change. Should there be any changes to this timetable, the Company will make further announcement(s).

By order of the Board The Hong Kong Building and Loan Agency Limited Yeung Kwok Leung Executive Director

Hong Kong, 9 May 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; Mr. Ng Cheuk Fan, Keith, Mr. Yeung Wai Hung, Peter and Mr. Lam Raymond Shiu Cheung being independent non-executive Directors.

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