Shanghai Able Digital Science&Tech Co., Ltd. — Capital/Financing Update 2011

Jun 17, 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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RESULTS OF RIGHTS ISSUE OF 1,815,170,111 RIGHTS SHARES AT HK$1.38 EACH ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY TEN (10) SHARES HELD

Results of the Rights Issue

As at 4:00 p.m. on Friday, 10 June 2011, being the latest time for acceptance of and payment for the Rights Shares and application for excess Rights Shares, a total of (a) 464 valid acceptances in respect of 1,571,671,466 Rights Shares provisionally allotted under the Rights Issue have been received, representing 86.59% of the total number of the Rights Shares available under the Rights Issue; and (b) 388 valid applications for 44,135,907 excess Rights Shares have been received, representing 2.43% of the total number of the Rights Shares available under the Rights Issue.

In aggregate, a total of 852 valid acceptances and applications in respect of 1,615,807,373 Rights Shares have been received and 199,362,738 Rights Shares, representing 10.98% of the total number of the Rights Shares available under the Rights Issue, were unsubscribed.

Underwriting Agreement

All of the conditions precedent set out in the Underwriting Agreement have been fulfilled and the Underwriting Agreement was not terminated by the Underwriter on or before 5:00 p.m. on Wednesday, 15 June 2011. The Underwriting Agreement and the Rights Issue became unconditional at 5:00 p.m. on Wednesday, 15 June 2011.

Pursuant to the Underwriting Agreement, the Underwriter has taken up the Unsubscribed Rights Shares at a subscription price of HK$1.38 per Unsubscribed Rights Share.

Despatch of share certificates

Share certificates for all fully-paid Rights Shares will be posted to those entitled thereto by ordinary mail at their risk on Monday, 20 June 2011.

Commencement of dealings in the Rights Shares

Dealings in fully-paid Rights Shares will commence on the Stock Exchange at 9:00 a.m. on Wednesday, 22 June 2011.

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Background

Reference is made to the Rights Issue as announced by CITIC Resources Holdings Limited (the “ Company ”) on 3 May 2011 and as further detailed in the prospectus of the Company in respect of the Rights Issue dated 26 May 2011 (the “ Prospectus ”).

Unless the context otherwise requires, terms and expressions defined in the Prospectus shall have the same meanings when used in this announcement.

Results of the Rights Issue

As at 4:00 p.m. on Friday, 10 June 2011, being the latest time for acceptance of and payment for the Rights Shares and application for excess Rights Shares, a total of (a) 464 valid acceptances in respect of 1,571,671,466 Rights Shares provisionally allotted under the Rights Issue have been received, representing 86.59% of the total number of the Rights Shares available under the Rights Issue; and (b) 388 valid applications for 44,135,907 excess Rights Shares have been received, representing 2.43% of the total number of the Rights Shares available under the Rights Issue.

In aggregate, a total of 852 valid acceptances and applications in respect of 1,615,807,373 Rights Shares have been received and 199,362,738 Rights Shares (the “ Unsubscribed Rights Shares ”), representing 10.98% of the total number of the Rights Shares available under the Rights Issue, were unsubscribed.

Underwriting Agreement

All of the conditions precedent set out in the Underwriting Agreement have been fulfilled and the Underwriting Agreement was not terminated by the Underwriter on or before 5:00 p.m. on Wednesday, 15 June 2011. The Underwriting Agreement and the Rights Issue became unconditional at 5:00 p.m. on Wednesday, 15 June 2011.

Pursuant to the Underwriting Agreement, the Underwriter has taken up the Unsubscribed Rights Shares at a subscription price of HK$1.38 per Unsubscribed Rights Share.

Excess Rights Shares

388 valid applications were received in respect of 44,135,907 excess Rights Shares. All applications for excess Rights Shares will be allotted in full.

Shareholding structure of the Company

The following is a summary of the shareholding structure of the Company immediately before and after completion of the Rights Issue:

Name of Shareholder Keentech CA Baytree Ellington Public Total	Shareholding immediately before completion of the Rights Issue Shares % 2,517,502,330 41.61 750,413,793 12.40 443,267,500 7.33 250,508,841 4.14 2,088,874,574 34.52 6,050,567,038 100.00	Shareholding immediately after completion of the Rights Issue Shares % 3,697,239,904 47.00 750,413,793 9.54 576,247,750 7.33 325,661,493 4.14 2,516,174,209 31.99 7,865,737,149 100.00	Shareholding immediately after completion of the Rights Issue Shares % 3,697,239,904 47.00 750,413,793 9.54 576,247,750 7.33 325,661,493 4.14 2,516,174,209 31.99 7,865,737,149 100.00
			100.00

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Despatch of share certificates

Share certificates for all fully-paid Rights Shares will be posted to those entitled thereto by ordinary mail at their risk on Monday, 20 June 2011.

Commencement of dealings in the Rights Shares

Dealings in the fully-paid Rights Shares will commence on the Stock Exchange at 9:00 a.m. on Wednesday, 22 June 2011.

By Order of the Board CITIC Resources Holdings Limited Zeng Chen President and Chief Executive Officer

Hong Kong, 17 June 2011

As at the date hereof, the executive directors of the Company are Mr. Sun Xinguo; Mr. Zeng Chen; Mr. Guo Tinghu and Ms. Li So Mui, the non-executive directors are Mr. Mi Zengxin; Mr. Qiu Yiyong; Mr. Tian Yuchuan; Mr. Wong Kim Yin and Mr. Zhang Jijing, and the independent non-executive directors are Mr. Fan Ren Da, Anthony; Mr. Gao Pei Ji and Mr. Ngai Man.

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