China Vanguard Group Limited : Information Regarding The Acquisition Of Lightoft

   Date:2012-01-20

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of contents of this announcement.

INFORMATION REGARDING THE ACQUISITION OF LIGHTSOFT

Reference is made to the announcement dated 14 October 2011 issued by the Company in respect of the Acquisitions (the "Announcement"). Terms used herein shall have the same meanings as those defined in the Announcement unless otherwise specify.

The Board announces that in accordance to the Share Transfer Agreement, the long stop date has been automatically extended for another three months (i.e. to a date on or before 13 April

2012) because additional time is required for the satisfaction of certain conditions precedent

of the Acquisition.

Shareholders and potential investors should note that completion of the Acquisition is subject to fulfilment of the conditions precedent under the Share Transfer Agreement. As the Acquisition may or may not proceed, Shareholders and potential investors are reminded to exercise caution when dealing in the Shares.

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