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(Stock Code: 191)

Grant of Share Options

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of
Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").
The board of directors (the "Directors" and the "Board", respectively) of Lai Sun Garment (International) Limited (the "Company") announces that the Company has granted, subject to acceptance of the grantees, share options (the "Options") to certain eligible participants (the "Grantees") under the share option scheme adopted by the Company on 22 December 2006, to subscribe for ordinary shares of HK$0.01 each in the share capital of the Company (the "Shares"). Brief details of the Options are as follows:
Date of grant : 18 January 2013
Total number of Shares comprised in the
Option
: 28,878,774 Shares (the "Option Shares")
Exercise price per Option Share : HK$1.41
Closing price of the Shares on the date of grant
: HK$1.41 per Share
Validity (exercisable) period of the Option : 18 January 2013 to 17 January 2023
Among the Options granted above, Options to subscribe for an aggregate of 17,791,657 Shares were granted to the following Directors:
Name Position in the Company Number of Option Shares granted
Dr. Lam Kin Ngok, Peter
("Dr. Lam")
Executive Director and Deputy Chairman 1,617,423
Mr. Lam Hau Yin, Lester
("Mr. Lam")
Executive Director 16,174,234
As at the date of this announcement, Dr. Lam who is also a substantial shareholder of the Company is interested and deemed to be interested in a total of 615,536,069 Shares (excluding the 1,617,423 Shares comprised in the above Option granted to him), representing approximately 38.06% of the issued share capital of the Company.
In accordance with Rule 17.04(1) of the Listing Rules, the granting of the Options to Dr. Lam and Mr. Lam has been approved by all the Independent Non-executive Directors of the Company.
Save as disclosed above, none of the Grantees is a director, chief executive or substantial shareholder of the Company, or an associate (as defined in Rule 1.01 of the Listing Rules) of any of them.
By Order of the Board
Lai Sun Garment (International) Limited
Kwok Siu Man
Company Secretary
Hong Kong, 18 January 2013

As at the date of this announcement, the Board comprises six executive directors, namely Dr. Lam Kin Ming (Chairman), Dr. Lam Kin Ngok, Peter (Deputy Chairman), Mr. Chew Fook Aun (Deputy Chairman), Madam U Po Chu, Mr. Lam Kin Hong, Matthew and Mr. Lam Hau Yin, Lester (also alternate to Madam U Po Chu); and three independent non-executive directors, namely Messrs. Leung Shu Yin, William, Lam Bing Kwan and Chow Bing Chiu.

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