Little Sheep Group Limited (HKG:0968) announced that its privatisation scheme was sanctioned without modification and the reduction of its issued share capital involved in the scheme was confirmed by the Grand Court on 20 January 2012 (Cayman Islands time). All the conditions of the scheme as set out in the scheme document were fulfilled and the scheme became effective on 1 February 2012 (Cayman Islands time).

As at 4: 30 p.m. on 1 February 2012, valid acceptances of the option offer had been received in respect of 13.113 million outstanding Little Sheep share options, which represent all the outstanding Little Sheep share options of the company. The option offer became unconditional on 1 February 2012 (Cayman Islands time).

The withdrawal of listing of Little Sheep shares on the Main Board of the Stock Exchange is expected to become effective at 4:00 p.m. on 2 February 2012 (Hong Kong time).