Vision Values Holdings Ltd. — Capital/Financing Update 2012

Jun 1, 2012

For Main Board and GEM listed issuers

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Monthly Return of Equity Issuer on Movements in Securities

For the month ended (dd/mm/yyyy) : 31/05/2012

To : Hong Kong Exchanges and Clearing Limited

Name of Issuer VISION VALUES HOLDINGS LIMITED Date Submitted 01/06/2012

I. Movements in Authorised Share Capital

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1. Ordinary Shares
(1) Stock code : 862 Description : Ordinary Shares
Authorised share
No. of ordinary Par value capital
shares (HKD) (HKD)
Balance at close of preceding month 20,000,000,000 0.10 2,000,000,000
Increase/(decrease)
Balance at close of the month 20,000,000,000 0.10 2,000,000,000
(2) Stock code :
Description :
Par value Authorised share
No. of ordinary (State capital
shares currency) (State currency)
Balance at close of preceding month
Increase/(decrease)
Balance at close of the month
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For Main Board and GEM listed issuers

2. Preference Shares

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Stock code : Description :
Par value Authorised share
No. of preference (State capital
shares currency) (State currency)
Balance at close of preceding month
Increase/(decrease)
Balance at close of the month
3. Other Classes of Shares
Stock code :
Description :
Par value Authorised share
No. of other (State capital
classes of shares currency) (State currency)
Balance at close of preceding month
Increase/(decrease)
Balance at close of the month
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Total authorised share capital at the end of the month (HKD) : 2,000,000,000

For Main Board and GEM listed issuers

II. Movements in Issued Share Capital

Balance at close of preceding month Increase/ (decrease) during the month Balance at close of the month	No. of ordinary shares (1) (2)	No. of ordinary shares (1) (2)	No of preference shares No. of other classes of shares	No of preference shares No. of other classes of shares
	1,410,380,690 Nil 1,410,380,690

III. Details of Movements in Issued Share Capital

Share Options (under Share Option Schemes of the Issuer)

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Particulars of share No. of new shares of No. of new shares of
option scheme issuer issued during issuer which may be
including EGM the month pursuant issued pursuant thereto
approval date Movement during the month thereto as at close of the month
(dd/mm/yyyy) and
class of shares
issuable Granted Exercised Cancelled Lapsed
1. Share Option
Scheme
adopted on
(23/11/2011)
Ordinary shares Nil Nil Nil Nil Nil 62,000,000
(Note 1)
2.
( / / )
shares
(Note 1)
3.
( / / )
shares
(Note 1)
Total A. (Ordinary shares) Nil
(Preference shares) N/A
(Other class) N/A
Total funds raised during the month from exercise of
options (HKD) Nil
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For Main Board and GEM listed issuers

Warrants to Issue Shares of the Issuer which are to be Listed

Description of warrants (Date of expiry - dd/mm/yyyy)	Description of warrants (Date of expiry - dd/mm/yyyy)	Description of warrants (Date of expiry - dd/mm/yyyy)	Currency of nominal value Nominal value at close of precedingmonth Exercised during the month	Currency of nominal value Nominal value at close of precedingmonth Exercised during the month	Nominal value at close of the month	Nominal value at close of the month	No. of new shares of issuer issued during the month pursuant thereto No. of new shares of issuer which may be issued pursuant thereto as at close of the month	No. of new shares of issuer issued during the month pursuant thereto No. of new shares of issuer which may be issued pursuant thereto as at close of the month
	1.
	( / / ) Stock code (if listed) Class of shares issuable_(Note 1)_ Subscription price EGM approval date (if applicable) (dd/mm/yyyy) 2.
			( / /	)
	( / / ) Stock code (if listed) Class of shares issuable_(Note 1)_ Subscription price EGM approval date (if applicable) (dd/mm/yyyy) 3.
			( / /	)
	( / / ) Stock code (if listed) Class of shares issuable_(Note 1)_ Subscription price EGM approval date (if applicable) (dd/mm/yyyy) 4.
			( / /	)
	( / / ) Stock code (if listed) Class of shares issuable_(Note 1)_ Subscription price EGM approval date (if applicable) (dd/mm/yyyy)
			( / /	)

For Main Board and GEM listed issuers

Convertibles (i.e. Convertibleinto Shares oftheIssuerwhichare to beListed)	Convertibles (i.e. Convertibleinto Shares oftheIssuerwhichare to beListed)	Convertibles (i.e. Convertibleinto Shares oftheIssuerwhichare to beListed)	Convertibles (i.e. Convertibleinto Shares oftheIssuerwhichare to beListed)	Convertibles (i.e. Convertibleinto Shares oftheIssuerwhichare to beListed)	Convertibles (i.e. Convertibleinto Shares oftheIssuerwhichare to beListed)
Class and description			Currency of amount outstanding	Amount at close of preceding month	Converted during the month	Amount at close of the month		No. of new shares of issuer issued during the month pursuant thereto No. of new shares of issuer which may be issued pursuant thereto as at close of the month
	1.
	Stock code (if listed) Class of shares issuable_(Note 1)_ Subscription price EGM approval date (if applicable) (dd/mm/yyyy)) 2.
			( / / )
	Stock code (if listed) Class of shares issuable_(Note 1)_ Subscription price EGM approval date (if applicable) (dd/mm/yyyy) 3.
			( / / )
	Stock code (if listed) Class of shares issuable_(Note 1)_ Subscription price EGM approval date (if applicable) (dd/mm/yyyy) 4.
			( / / )
	Stock code (if listed) Class of shares issuable_(Note 1)_ Subscription price EGM approval date (if applicable) (dd/mm/yyyy)
			( / / )

For Main Board and GEM listed issuers Any other Agreements or Arrangements to Issue Shares of the Issuer which are to be Listed, including Options (other than under Share Option Schemes)

No. of new shares of No. of new shares of issuer issued during issuer which may be the month pursuant issued pursuant thereto thereto Full particulars including EGM approval date (dd/mm/yyyy), as at close of the month if applicable, and class of shares issuable: 1. ( / / ) shares (Note 1) 2. ( / / ) shares (Note 1) 3. ( / / ) shares (Note 1) Total D. (Ordinary shares) (Preference shares) (Other class)

For Main Board and GEM listed issuers

Other Movements in Issued Share Capital

Other Movements in Issued Share Capital
Type of Issue	No. of new shares of issuer issued during the month pursuant thereto No. of new shares of issuer which may be issued pursuant thereto as at close of the month
1. Rights issue At price :State currency	Class of shares issuable (Note 1) Issue and allotment date : (dd/mm/yyyy) EGM approval date: (dd/mm/yyyy) __ ( / / ) ( / / )
2. Open offer At price :State currency	Class of shares issuable (Note 1) Issue and allotment date : (dd/mm/yyyy) EGM approval date: (dd/mm/yyyy) __ ( / / ) ( / / )
3. Placing At price :State currency	Class of shares issuable (Note 1) Issue and allotment date : (dd/mm/yyyy) EGM approval date: (dd/mm/yyyy) __ ( / / ) ( / / )
4. Bonus issue	Class of shares issuable (Note 1) Issue and allotment date : (dd/mm/yyyy) EGM approval date: (dd/mm/yyyy) __ ( / / ) ( / / )

For Main Board and GEM listed issuers

Type of Issue

Class of shares issuable _ (Note 1) Issue and allotment ( / / ) 5. Scrip dividend At price :[State ] currency date : (dd/mm/yyyy) ( / / ) EGM approval date: (dd/mm/yyyy) Class of shares ________ repurchased (Note 1)_ 6. Repurchase of Cancellation date : ( / / ) shares

Class of shares _ repurchased (Note 1) 6. Repurchase of Cancellation date : ( / / ) shares (dd/mm/yyyy) ( / / ) EGM approval date: (dd/mm/yyyy) Class of shares ________ redeemed (Note 1) 7. Redemption of Redemption date : ( / / ) shares (dd/mm/yyyy) ( / / ) EGM approval date: (dd/mm/yyyy) Class of shares issuable _______ (Note 1) Issue and allotment ( / / ) 8. Consideration issue At price :[State ] currency date : (dd/mm/yyyy) ( / / ) EGM approval date: (dd/mm/yyyy)

No. of new No. of new shares of issuer shares of issued during the issuer which month pursuant may be thereto issued pursuant thereto as at close of the month

For Main Board and GEM listed issuers

	For Main Board and GEM listedissuers	For Main Board and GEM listedissuers	For Main Board and GEM listedissuers	For Main Board and GEM listedissuers
Type of Issue	No. of new shares of issuer issued during the month pursuant thereto No. of new shares of issuer which may be issued pursuant thereto as at close of the month
9. Capital reorganisation	Class of shares issuable (Note 1) Issue and allotment date : (dd/mm/yyyy) EGM approval date: (dd/mm/yyyy) ____ ( / / ) ( / / )
10. Other (Please specify) At price :State currency	Class of shares issuable (Note 1) Issue and allotment date : (dd/mm/yyyy) EGM approval date: (dd/mm/yyyy) __ ( / / ) ( / / )
	Total E. (Ordinary shares (Preference shares (Other class	) N/A ) N/A ) N/A

Total increase / (decrease) in ordinary shares during the month (i.e. Total of A to E):	(1)	Nil
	(2)	Nil
Total increase / (decrease) in preference shares during the month (i.e. Total of A to E):		Nil
Total increase / (decrease) in other classes of shares during the month (i.e. Total of A to E):		Nil
(These figures should be the same as the relevant figures under IIabove (“Movements in Issued Share Capital”).)

For Main Board and GEM listed issuers

Remarks (if any):

Submitted by: Tang Chi Kei

Title: Secretary

(Director, Secretary or other duly authorised officer)

Notes :

1. State the class of shares (e.g. ordinary, preference or other).

2. If there is insufficient space, please append the prescribed continuation sheet.