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ZO Future Group Capital/Financing Update 2014

Nov 3, 2014

50510_rns_2014-11-02_03bbb42c-6ca0-4c3a-bd57-bc73505b68fe.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 Islands with limited liability)

(Stock Code: 2309)

INSIDE INFORMATION: LAPSE OF SUBSCRIPTION AGREEMENT

This announcement is made by Birmingham International Holdings Limited (the “ Company ”) pursuant to Rule 13.09 of the Listing Rules and Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).

The Board announced the Subscription has not been consummated by 31 October 2014 and that the Board has decided not to further extend the Long Stop Date. Pursuant to the terms of the Subscription Agreement, the Subscription Agreement has lapsed automatically on 31 October 2014.

This announcement is made by Birmingham International Holdings Limited (the “ Company ”) pursuant to Rule 13.09 of the Listing Rules and Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong). References are made to (i) the announcement (the “ Announcement ”) of the Company dated 31 July 2014 in relation to the issue of Convertible Bonds; and (ii) the announcements of the Company dated 21 August 2014, 10 September 2014 and 10 October 2014 in relation to the delay and further delay in despatch of the circular. Capitaised terms defined in the Announcement shall have the same meanings when used herein unless the context requires otherwise.

The Board announced the Subscription has not been consummated by 31 October 2014 (the “ Long Stop Date ”) and that the Board has decided not to further extend the Long Stop Date. Pursuant to the terms of the Subscription Agreement, the Subscription Agreement has lapsed automatically on 31 October 2014.

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All rights, obligations and liabilities of the parties hereunder in relation to the Subscription as contemplated by the Subscription Agreement cease and determine and none of the parties have any claim against any other in respect thereof.

By order of the Board BIRMINGHAM INTERNATIONAL HOLDINGS LIMITED

Ma Shui Cheong

Executive Director

Hong Kong, 31 October 2014

As at the date hereof, the executive directors of the Company are Mr. Cheung Shing, Mr. Peter Pannu, Mr. Ma Shui Cheong, Mr. Chan Shun Wah, Mr. Cheung Kwai Nang, Mr. Chen Liang and Mr. Panagiotis Pavlakis and the independent non-executive directors are Mr. Wong Ka Chun, Carson, Mr. Gao Shi Kui, Mr. Liu Enxue and Mr. Li Hanguo.

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