INVESTOR RELATIONS

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Date of Suspension	14/03/2013
Time of Suspension	1605 hours
Reasons for Suspension	The Company wishes to announce that the trading of shares on the Singapore Exchange Securities Trading Limited ("SGX-ST") will be suspended due to the following reasons:- (1) The Board of Directors (the "Board") of Sinobest Technology Holdings Ltd. (the "Company") refers to the announcement in connection with the close of the mandatory unconditional general cash offer ("Offer") by Asiasons WFG Capital Pte Ltd ("Asiasons"), for and on behalf of Bon Ween Foong (the "Offeror") to acquire all the issued ordinary shares of the Company that are not already owned, controlled or agreed to be acquired by the Offeror and parties acting or deemed to be acting in concert with him (if any) ("Offer Shares") dated 13 March 2013 ("Close of Offer Announcement"). Further to the Close of Offer Announcement, the Board wishes to highlight that the percentage shareholding of the Company in the hands of public shareholders has fallen below 10%. Pursuant to Rule 724 of the Listing Manual, the SGX-ST may suspend trading of the shares of the Company if the free float falls below 10%. Accordingly, the Company wishes to announce that the trading of shares on the SGX-ST will be suspended pursuant to Rule 724 of the Listing Manual; and (2) The Board will be making an announcement in due course. BY ORDER OF THE BOARD MR LI ZIQIANG EXECUTIVE DIRECTOR 14 March 2013