Yunkang Group Limited — Capital/Financing Update 2012

Apr 10, 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.

==> picture [325 x 57] intentionally omitted <==

(Incorporated in Hong Kong with limited liability) (Stock Code: 0992)

CLOSING UNDER THE JOINT VENTURE AGREEMENT

Further to the announcement dated September 26, 2011 issued by Lenovo Group Limited (the “ Company ”) in connection with the joint venture agreement dated September 26, 2011 between the Company and Compal Electronics, Inc. (the “ Joint Venture Agreement ”), the board of directors of the Company is pleased to announce that all conditions to the closing for phase one initial capitalization and the capital contributions pursuant to the Joint Venture Agreement (the “ Closing ”) have been satisfied. The Closing took place on April 10, 2012.

By Order of the Board Yang Yuanqing Chairman and Chief Executive Officer

Hong Kong, April 10, 2012

As at the date of this announcement the executive director is Mr. Yang Yuanqing; the nonexecutive directors are Mr. Zhu Linan, Ms. Ma Xuezheng, Dr. Wu Yibing and Mr. Zhao John Huan; and the independent non-executive directors are Professor Woo Chia-Wei, Mr. Ting Lee Sen, Dr. Tian Suning, Mr. Nicholas C. Allen, Mr. Nobuyuki Idei and Mr. William O. Grabe.