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ZO Future Group Legal Proceedings Report 2009

Oct 6, 2009

50510_rns_2009-10-06_317789f4-e11e-430f-8b48-8972fb39cd31.pdf

Legal Proceedings Report

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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.

GRANDTOP INTERNATIONAL HOLDINGS LIMITED 泓鋒國際控股有限公司[*]

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2309)

DISCLOSURE UNDER RULE 13.09 OF THE LISTING RULES

This announcement is made pursuant to Rule 13.09 of the Listing Rules on the disclosure of the legal proceedings against the Company.

This announcement is made pursuant to Rule 13.09 of the Listing Rules.

The Board announces that on 5th October, 2009, the Company received a writ of summons from Seymour Pierce Limited relating to fees alleged to be due to it in connection with the Company’s acquisition of an interest in Birmingham City PLC in 2007. The fees alleged amounts to £2.2 million. The Company has sought UK counsel’s opinion on this matter and will defend this claim vigorously. A further announcement will be made as and when required.

By Order of the Board

Grandtop International Holdings Limited Hui Ho Luek, Vico

Executive Director and Chief Executive Officer

Hong Kong, 6th October, 2009

As at the date of this announcement, the executive Directors are Mr. Yeung Ka Sing, Carson, Mr. Hui Ho Luek, Vico, Mr. Steven McManaman, Mr. Lee Yiu Tung, 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.

* for identification purpose only