Vision Values Holdings Ltd. — Capital/Financing Update 2011

Dec 30, 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.

VISION VALUES HOLDINGS LIMITED

(Incorporated in the Cayman Islands with limited liability) (Stock code: 862)

SECOND SUPPLEMENTAL AGREEMENT IN RELATION TO A MAJOR TRANSACTION - DISPOSAL OF AIRCRAFT

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Reference is made to (i) the announcement and circular of Vision Values Holdings Limited (the “ Company ”) dated 12 September 2011 and 13 October 2011 respectively; and (ii) the announcement of the Company dated 29 November 2011 (the “ Announcement ”) in relation to the Disposal. Unless the context requires otherwise, capitalised terms used in this announcement shall have the same meanings as defined in the Announcement.

THE SECOND SUPPLEMENTAL AGREEMENT

As stated in the Announcement, the Completion is subject to the fulfillment of certain conditions of the Agreement (the “ Conditions ”). As additional time is required for the fulfillment of the Conditions, the Vendor and the Purchaser have entered into a second supplemental agreement on 30 December 2011 to further extend the long stop date for the fulfillment of the Conditions from 31 December 2011 to 31 January 2012 (or such other date as mutually agreed by the Vendor and the Purchaser in writing). Save for the above change, all other terms and conditions of the Agreement remain unchanged and shall continue to be in full force and effect.

By Order of the Board Vision Values Holdings Limited Tang Chi Kei Company Secretary

Hong Kong, 30 December 2011.

As at the date hereof, the Board comprises five Directors, of which Mr. Lo Lin Shing, Simon and Mr. Ho Hau Chong, Norman are executive Directors, Mr. Lau Wai Piu, Mr. Tsui Hing Chuen, William JP and Mr. Lee Kee Wai, Frank are independent non-executive Directors.

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