Leader Environmental Technologies Limited provided earning guidance for the third quarter ended September 30, 2012. The company announced the continuing delay in the disbursements of funding from the Environmental Bureau for industrial wastegas projects, which shows no signs of abatement to-date, prompted the Group to adopt a more cautious and selective approach in undertaking industrial wastegas projects. Accordingly, the company undertook fewer large scale desulphurization projects, the key growth driver for the Group, which affects the overall financial performance of the Group for the third quarter ended September 30, 2012.

In the light of these reasons, the Group is expected to report a loss for the third quarter ended September 30, 2012 as compared with the corresponding period in 2011.