Television Broadcasts Limited — Capital/Financing Update 2012

Mar 30, 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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China Fortune Financial Group Limited

(Incorporated in the Cayman Islands with limited liability) (Stock Code: 290) Website: http://www.290.com.hk

EXTENSION OF LONG STOP DATE OF

MAJOR DISPOSAL RELATING TO DISPOSAL OF A SUBSIDIARY

As additional time is required for the fulfillment of the Conditions Precedent, after arm’s length negotiations, the Vendor, a wholly-owned subsidiary of the Company, entered into the first supplemental agreement with the Purchaser on 30 March 2012 (after trading hours) to extend the Long Stop Date from 31 March 2012 to 30 September 2012.

Reference is made to the announcement of China Fortune Financial Group Limited (the ‘‘Company’’) dated 29 July 2011, and the circular of the Company dated 25 August 2011 (the ‘‘Circular’’) in relation to, among others, the Agreement. Capitalized terms used in this announcement shall have the same meanings as those defined in the Circular unless otherwise stated herein.

As additional time is required for the fulfillment of the Conditions Precedent, after arm’s length negotiations, the Vendor and the Purchaser have entered into a first supplemental agreement on 30 March 2012 (after trading hours) to extend the Long Stop Date from 31 March 2012 to 30 September 2012. Save as disclosed herein, all other terms and conditions of the Agreement remain unchanged and continue to be in full force and effect.

By Order of the Board China Fortune Financial Group Limited Ng Cheuk Fan, Keith Managing Director

Hong Kong, 30 March 2012

As at the date of this announcement, the Board consists of four executive Directors, namely Mr. Zhang Min (Chairman), Mr. Ng Cheuk Fan, Keith (Managing Director), Mr. Hon Chun Yu and Mr. Xia Yingyan; two non-executive Directors, namely Mr. Wong Kam Fat, Tony (Vicechairman) and Mr. Wu Ling; and three independent non-executive Directors, namely Mr. Lam Ka Wai, Graham, Mr. Ng Kay Kwok and Mr. Tam B Ray Billy.