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Oriental City Group PLC (OCGP)

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Friday 15 February, 2013

Oriental City Group PLC

Result of Placing and Open Offer


                            Oriental City Group plc                            

                         ("Oriental" or the "Company")                         

                       Result of Placing and Open Offer                        

Further to the announcement made on 30 January 2013 Oriental City Group plc
(ISDX:OCGP) is pleased to announce that acceptances have been received in
respect of the Placing and Open Offer for 7,724,060 New Ordinary Shares at 1
penny per share. This includes the Placees, Ms Yuk Hung Shirley Chu and Mr Nga
Ming Vincent Cheng, subscribing for, in aggregate, 7,557,220 Offer Shares.

As a result 24,113,695 New Ordinary Shares were not subscribed for and as set
out in the circular sent to shareholders on 30 January 2013 these will be
subscribed for by Ms Yuk Hung Shirley Chu and Mr Nga Ming Vincent Cheng in
equal share.

The conclusion of the Placing and Open Offer and the issue of new shares is
subject to passing the necessary resolutions at the General Meeting on 18
February 2013 at 5 p.m. (Hong Kong time).

Subject to passing the resolutions the shareholdings of Ms Yuk Hung Shirley Chu
and Mr Nga Ming Vincent Cheng will be as follows:-

Shareholder               Number of shares held      % of the issued share     
                          after the subscription     capital as enlarged by the
                                                     Placing and Open Offer    
                                                                               
Ms Yuk Hung Shirley Chu        17,321,847                 45.34%                    
                                                                               
Mr Nga Ming Vincent Cheng      15,860,512                 41.51%                    

The definitions set out in this announcement have the same meaning as those set
out in the announcement dated 30 January 2013.

The Directors of Oriental City Group plc accept responsibility of this
announcement.

For further information, please contact:

Oriental City Group plc
Mak Yat Tang, Anthony
Tel: + 852 2546 8385
Email: [email protected]

Alfred Henry Corporate Finance Limited
Jon Isaacs
Tel: + 44 (0) 207 251 3762
Email: [email protected]
www.alfredhenry.com

Alfred Henry Corporate Finance Limited is the ISDX Growth Market Corporate
Adviser to the Company.

15 February 2013

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