OREANDA-NEWS. September 28, 2012. References are made to the announcements dated 31 August 2012 and 4 September 2012 made by Burwill Holdings Limited (the “Company”) in relation to the proposed disposal of magnetite iron ore mining and processing businesses in the PRC (the “Announcement”), reported the press-centre of Burwill.

Unless otherwise stated, terms defined in the Announcement shall have the same meanings as those used in this announcement.

As mentioned in the Announcement, it was expected that the circular containing, among other things, further information on the Proposed Disposal, a notice of the SGM and other information as required under the Listing Rules (the “Circular”) would be despatched to the Shareholders on or before 21 September 2012.

As additional time is required for the preparation and finalisation of the information in the Circular, the date of despatch of the Circular is expected to be on or before 12 October 2012.

As at the date of this announcement, the Board of Directors of the Company comprises Mr. Chan Shing, Mr. Sit Hoi Tung, Mr. Yang Dawei, Ms. Lau Ting, Ms. Tung Pui Shan, Virginia, Mr. Kwok Wai Lam, Mr. Yin Mark and Mr. Sham Kai Man as executive directors; and Mr. Cui Shu Ming, Mr. Huang Shenglan and Mr. Chan Ming Fai as independent non-executive directors.