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(incorporated in Bermuda with limited liability)

(Stock Code: 24) EXTENSION OF COMPLETION DATE MAJOR TRANSACTION THE PROPOSED DISPOSAL OF MAGNETITE IRON ORE MINING AND PROCESSING BUSINESSES IN THE PRC

Burwill Minerals entered into a supplemental agreement to the Sale and Purchase
Agreement with the Purchaser to extend the Completion Date to shortly after 12 March
2013.
References are made to the announcements of the Company dated 31 August 2012, 4
September 2012 and 28 December 2012 and the circular of the Company dated 12
October 2012 (the "Circular") in relation to, among other things, the Proposed Disposal. Capitalised terms used herein have the same meanings as defined in the Circular unless otherwise specified.
As mentioned in the announcement of the Company dated 28 December 2012, additional time is required for the Purchaser to complete the financing for the consideration, a condition precedent under the Sale and Purchase Agreement, Burwill Minerals entered into a supplemental agreement to the Sale and Purchase Agreement with the Purchaser to extend the Completion Date to shortly after 12 March 2013.
By Order of the Board

Burwill Holdings Limited KWOK Wai Lam

Director

Hong Kong, 21 January 2013

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, Mr. Chan Ming Fai and Mr. Chiang Bun as independent non-executive directors.

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