ZO Future Group — Capital/Financing Update 2010

Dec 8, 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.

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BIRMINGHAM INTERNATIONAL HOLDINGS LIMITED 伯明翰環球控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2309)

ANNOUNCEMENT

TERMINATION OF VERY SUBSTANTIAL ACQUISITION AND CONNECTED TRANSACTION INVOLVING ISSUE OF CONVERTIBLE PREFERENCE SHARES

Reference is made to the announcement of the Company dated 18 May 2010 regarding the proposed acquisition of the entire issued share capital of the Target Company.

The Board announces that on 8 December 2010, the Purchaser entered into the Deed of Termination with the Vendor and the Guarantor whereby all parties mutually agree to terminate the Agreement with immediate effect.

The Board considers that the termination of the Agreement will not have any material adverse impact on the existing business or financials of the Group.

Reference is made to the announcement of the Company dated 18 May 2010 regarding the proposed acquisition of the entire issued share capital of the Target Company (the “ Announcement ”). Terms used herein shall have the same meanings as defined in the Announcement unless the context otherwise requires.

The Board announces that as the Purchaser does not satisfy with the results of the due diligence investigation in respect of the Target Group, on 8 December 2010, the Purchaser entered into a deed of termination (the “ Deed of Termination ”) with the Vendor and the Guarantor whereby all parties mutually agree to terminate the Agreement with immediate effect.

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The Board considers that the termination of the Agreement will not have any material adverse impact on the existing business or financials of the Group.

By Order of the Board Birmingham International Holdings Limited Hui Ho Luek, Vico

Executive Director and Chief Executive Officer

Hong Kong, 8 December 2010

As at the date of this announcement, the executive directors of the Company are Mr. Yeung Ka Sing, Carson, Mr. Hui Ho Luek, Vico, Mr. Steven McManaman, Mr. Lee Yiu Tung, Mr. Chan Shun Wah, Mr. Ip Wing Lun and Ms. Wong Po Ling, Pauline, the non-executive directors are Mr. Christian Lali Karembeu and Mr. Chan Wai Keung and the independent non-executive directors are Mr. Chang Kin Man, Mr. Yau Yan Ming, Raymond and Mr. Zhou Han Ping.

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