SIM Technology Group Limited — Capital/Financing Update 2011

Apr 21, 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.

This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities.

SIM TECHNOLOGY GROUP LIMITED 晨訊科技集團有限公司[*]

(Incorporated in Bermuda with limited liability) (Stock Code: 2000)

LISTING OF THE TAIWAN DEPOSITARY RECEIPTS ON THE TAIWAN STOCK EXCHANGE

This announcement is made by SIM Technology Group Limited (“ Company ”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“ Listing Rules ”).

Reference is made to the announcements of the Company dated 26 November 2010, 6 December 2010, 5 January 2011, 15 March 2011, 12 April 2011 and 18 April 2011 in relation to the proposed offering and listing of 137,500,000 units of Taiwan depositary receipts (“ TDRs ”), representing 275,000,000 shares of the Company (comprising 137,500,000 new shares allotted and issued by the Company under the general mandate granted to the directors by the shareholders at the annual general meeting of the Company held on 14 May 2010, and 137,500,000 shares transferred by Info Dynasty Group Limited, a shareholder of the Company), on the Taiwan Stock Exchange Corporation (“ Taiwan Stock Exchange ”).

The Company is pleased to announce that the TDRs are expected to be listed on the Taiwan Stock Exchange on 25 April 2011 and trading of the TDRs on the Taiwan Stock Exchange is expected to commence at 9:00 a.m. on the same day. None of the TDRs has been placed to any connected persons (as defined under the Listing Rules) of the Company.

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Shareholders and potential investors are reminded to exercise caution when dealing in the shares of the Company.

By order of the Board SIM Technology Group Limited Wong Cho Tung Director

Hong Kong, 21 April 2011

As at the date of this announcement, the executive Directors are Ms Yeung Man Ying, Mr Wong Cho Tung, Mr Wong Hei, Simon, Mr Zhang Jianping, Ms Tang Rongrong and Mr Chan Tat Wing, Richard, and the independent non-executive Directors are Mr Liu Hing Hung, Mr Zhuang Xingfang and Mr Xie Linzhen.

• for identification purpose only

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