Wisdomcome Group Holdings Ltd. — M&A Activity 2010

Jun 30, 2010

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.

B.A.L. HOLDINGS LIMITED 變靚D控股有限公司

(Continued into Bermuda with limited liability)

(Stock code: 8079)

FURTHER EXTENSION OF THE MEMORANDUM OF UNDERSTANDING IN RESPECT OF A POSSIBLE ACQUISITION OF A COPPER MINE

We refer to the announcements made by B.A.L. Holdings Limited (“ Company ”) dated: (i) 15 January 2010 in relation to the memorandum of understanding (“ MOU ”) in respect of a possible acquisition of a copper mine (“ Possible Acquisition ”), (ii) 22 February 2010 in relation to the extension of the MOU to a date no later than 31 March 2010, (iii) 30 March 2010 in relation to the extension of the MOU to a date no later than 30 April 2010 and (iv) 23 April 2010 in relation to the entering of the Supplemental MOU (“ Announcements ”). Unless otherwise specified, terms used herein have the same meanings as defined in the Announcements.

As stated in the Announcements, the Company has been granted an exclusive right by the Vendor for the negotiation of the Possible Acquisition for the period from the date of the MOU up to the date of signing of the Formal Agreement. As disclosed in the announcement of the Company dated 23 April 2010, the Company agreed with the Vendor in writing to extend the latest date to entering into the Formal Agreement from 30 April 2010 to a date no later than 30 June 2010 (“ Expiry Date ”). As additional time is required by the Company in conducting the due diligence review on the Target and its subsidiaries, on 30 June 2010, the Company agreed with the Vendor in writing that the Expiry Date be further extended to a date no later than 30 September 2010.

The Board wishes to emphasise that no binding agreement in relation to the Possible Acquisition has been entered into as at the date of this announcement. The Possible Acquisition may or may not proceed. Shareholders and investors are urged to exercise caution when dealing in the securities of the Company. Further announcement in respect of the Possible Acquisition will be made in accordance with all applicable requirements of the GEM Listing Rules as and when appropriate.

By Order of the Board B.A.L. Holdings Limited Siu York Chee Chairperson

Hong Kong, 30 June 2010

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As at the date of this announcement, the Board comprises Ms. Siu York Chee, Mr. Leung Kwok Kui and Ms. Leung Ge Yau as executive Directors; Mr. Hung Anckes Yau Keung, Mr. Siu Yim Kwan, Sidney and Mr. Tsui Pui Hung, Walter as independent non-executive Directors.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors having made all reasonable enquiries, confirm that, to the best of their knowledge and belief: (1) the information contained in this announcement is accurate and complete in all material respects and not misleading; (2) there are no other matters the omission of which would make any statement in this announcement misleading; and (3) all opinions expressed in this announcement have been arrived at after due and careful consideration and are found on bases and assumptions that are fair and reasonable.

This announcement will remain on the “Latest Company Announcements” page of the GEM website for at least 7 days from the date of its posting.

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