Television Broadcasts Limited — Earnings Release 2012

Nov 2, 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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China Fortune Financial Group Limited

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

POSITIVE PROFIT ALERT

This announcement is made by the Company pursuant to Rule 13.09(1) of the Listing Rules.

The Board wishes to inform the shareholders of the Company and potential investors that, based on the preliminary review of the management accounts of the Group, the Group is expected to record a net profit attributable to the shareholders of the Company for the six months ended 30 September 2011 as compared to a net loss attributable to the shareholders of the Company for the corresponding period in 2010. This was mainly due to a significant gain arising from re-valuation of the fair value of the derivative component of the convertible loan notes issued by the Company.

However, if such re-valuation is excluded, the Group is expected to record a significant increase in net loss attributable to the shareholders of the Company for the six months ended 30 September 2011 as compared to the net loss incurred for the corresponding period in 2010. This was mainly due to (i) the net loss arising from the Group’s futures brokerage business; and (ii) unrealised net loss on trading of listed securities.

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

This announcement is made by China Fortune Financial Group Limited (the ‘‘Company’’, together with its subsidiaries, the ‘‘Group’’) pursuant to Rule 13.09(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ‘‘Listing Rules’’).

The board of directors of the Company (the ‘‘Board’’) wishes to inform the shareholders of the Company and potential investors that, based on the preliminary review of the management accounts of the Group, the Group is expected to record a net profit attributable to the shareholders of the Company for the six months ended 30 September 2011 as compared to a net loss attributable to the shareholders of the Company for the corresponding period in 2010. This was mainly due to a significant gain arising from re-valuation of the fair value of the derivative component of the convertible loan notes issued by the Company.

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However, if such re-valuation is excluded, the Group is expected to record a significant increase in net loss attributable to the shareholders of the Company for the six months ended 30 September 2011 as compared to the net loss incurred for the corresponding period in 2010. This was mainly due to (i) the net loss arising from the Group’s futures brokerage business; and (ii) unrealised net loss on trading of listed securities.

The information contained in this announcement is based on the management accounts of the Group and the information currently available to the Board. As at the date of this announcement, the Group’s consolidated results for the six months period ended 30 September 2011 have not yet been finalised. Investors are advised to read carefully the financial results announcement of the Company for the six months period ended 30 September 2011 which is expected to be announced in November 2011.

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

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

Hong Kong, 2 November 2011

As at the date of this announcement, the Board consists of five Executive Directors, namely Mr. Zhang Min (Chairman), Mr. Ng Cheuk Fan, Keith (Managing Director), Mr. Yeung Kwok Leung, Mr. Hon Chun Yu and Mr. Xia Yingyan; one Non-executive Director, Mr. Wong Kam Fat, Tony (Vice-chairman) and three Independent Non-executive Directors, namely, Mr. Tam B Ray Billy, Mr. Ng Kay Kwok and Mr. Lam Ka Wai, Graham.

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