Sinopec Engineering Group Co Ltd. — Capital/Financing Update 2011

Aug 12, 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 purpose only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Company.

UNIVERSE INTERNATIONAL HOLDINGS LIMITED 寰宇國際控股有限公司[*]

(Incorporated in Bermuda with limited liability)

(Stock Code: 1046)

EXTENSION OF PLACING COMPLETION DATE IN RELATION TO PLACING OF EXISTING SHARES AND SUBSCRIPTION OF NEW SHARES UNDER GENERAL MANDATE

EXTENSION OF PLACING COMPLETION DATE

Reference is made to the announcement (the “ Announcement ”) of Universe International Holdings Limited (the “ Company ”) dated 4 August 2011 in relation to, among other things, the entering into of the Placing and Subscription Agreement between the Company as issuer, Polaris Securities (Hong Kong) Limited as placing agent and Globalcrest Enterprises Limited as the subscriber in relation to the placing of up to 324,000,000 placing shares on a best effort basis and the subscription of up to 324,000,000 new shares. Capitalised terms used in this announcement, unless the context requires otherwise, shall have the same meanings as those defined in the Announcement.

The Board announces that as additional time is required to complete the Placing, an extension letter (the “ Extension Letter ”) has been entered into between the Subscriber, the Company and the Placing Agent on 12 August 2011 (after trading hours), and pursuant to which the Subscriber and the Placing Agent have agreed to extend the Placing Completion Date from 12 August 2011 to 17 August 2011, or such later date as may be agreed between the parties thereto. All other terms of the Placing and Subscription Agreement remain unchanged.

• for identification purpose only

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The Board considers the entering into of the Extension Letter is in the interests of the Company and the Shareholders as a whole.

By order of the board of Universe International Holdings Limited Lam Shiu Ming, Daneil Chairman

Hong Kong, 12 August 2011

As at the date of this announcement, the Board comprises Mr Lam Shiu Ming, Daneil and Mr Yeung Kim Piu as executive Directors and Mr Ng Kwok Tung, Dr Leung Shiu Ki, Albert and Mr Ma Chun Fung, Horace as independent non-executive Directors.

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