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ZO Future Group Capital/Financing Update 2011

Aug 31, 2011

50510_rns_2011-08-30_61d7d153-82ab-4d9a-92aa-ad95bf744aac.pdf

Capital/Financing Update

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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 Island with limited liability)

(Stock Code: 2309)

ANNOUNCEMENT

The Board announces that on 30 August, 2011, the Lender entered into the Loan Agreement with the Borrower, pursuant to which the Lender has agreed to extend to the Borrower a loan facility in the amount up to HK$80,000,000 for a term of up to 24 months. The Loan is to be unsecured.

THE LOAN AGREEMENT

Date: 30 August, 2011

Lender: Inkatha Group Limited, a company incorporated in the British Virgin Islands (Note) Borrower: the Company Principal Amount: up to Hong Kong Dollars Eighty Million only (HK$80,000,000) Term: 24 months from the drawdown date Interest: 12% per annum of the principal amount of the Loan Security: nil Use of Loan: for the repayment of debts and as general working capital

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Note:

Inkatha Group Limited, a company incorporated in the British Virgin Islands and wholly owned by Mr. Yang Yue Zhou who is the shareholder of the placee of the Company’s convertible notes and an executive director and the deputy chairman of the Company.

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

Executive Director and Chief Executive Officer

Hong Kong, 30 August, 2011

As at the date of this announcement, the executive directors of the Company are Mr. Yeung Ka Sing, Carson, Mr. Yang Yue Zhou, Mr. Hui Ho Luek, Vico, Mr. Hua Yong, Mr. Jiang Hong Qing, Mr. Steven McManaman, Mr. Lee Yiu Tung, Mr. Chan Shun Wah and Ms. Wong Po Ling, Pauline, the non-executive director is Mr. Chan Wai Keung and the independent non-executive directors are Mr.Yau Yan Ming, Raymond and Mr. Zhou Han Ping.

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