OREANDA-NEWS. June 26, 2012. Reference is made to the announcement dated 31 May 2012 (the “Announcement”) issued by Burwill Holdings Limited (the “Company”) in relation to, among other things, the Share Repurchase and the Whitewash Waiver, reported the press-centre of Burwill Holdings.

Unless the context otherwise requires, capitalized terms used herein shall have the same meanings as those defined in the Announcement.

Pursuant to Rule 8.2 of the Takeovers Code, the circular containing, among other things, further details of the Transaction, the letter from the Independent Board Committee giving its recommendation to the Independent Shareholders on the Transaction, the letter from the independent financial adviser containing its advice to the Independent Board Committee and the Independent Shareholders on the Transaction, the notice of the SGM and other information as required under the Listing Rules, the Takeovers Code and the Repurchase Code (the “Circular”) is required to be despatched to the Shareholders within 21 days from the date of the Announcement, which is on or before 21 June 2012.

As additional time is required to prepare certain information relating to properties of the Group, an application for consent has been made by the Company to the Executive and the Executive has indicated that it is minded to grant consent to an extension of the deadline for the despatch of the Circular to no later than 29 June 2012.