S E A Holdings Limited — Capital/Financing Update 2013

Dec 19, 2013

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)

COMPLETION OF ISSUE OF FIRST TRANCHE OF THE CONVERTIBLE BONDS

Reference is made to the announcements of The Hong Kong Building and Loan Agency Limited (the ‘‘Company’’) dated 28 February 2013, 15 March 2013, 22 August 2013, 16 October 2013 and the circular of the Company dated 21 October 2013 (the ‘‘Circular’’) in relation to the placing of the Convertible Bonds under Specific Mandate. Capitalised terms used herein shall have the same meanings as those defined in the Circular unless otherwise stated.

The Board is pleased to announce that all the conditions precedent for the issue of the Convertible Bonds under the Placing Agreements have been fulfilled and the completion of the first tranche of the Convertible Bonds in the aggregate principal amount of HK$17,550,000 took place on 19 December 2013.

As mentioned in the Circular, as a result of the completion of the Placing, the conversion price of the Possible Convertible Bonds may be subject to adjustments under the terms of the Possible Convertible Bonds (the ‘‘Adjustment’’). The Company wishes to announce that the Company has engaged the auditors of the Company in relation to the Adjustment and will publish a separate announcement regarding the respective details as soon as possible.

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

Hong Kong, 19 December 2013

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, Mr. Lam Raymond Shiu Cheung and Ms. Yuen Wai Man being independent non-executive Directors.