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GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited ("Listing Rules").
The board of directors ("Board") of AV Concept Holdings Limited ("Company") announces that the Company has granted share options ("Options") to subscribe for ordinary shares of HK$0.10 each of the Company ("Shares") to four eligible persons ("Grantees"), with three of them being a director of the Company ("Director") and the remaining one of them being an employee of the Company, under the share option scheme of the Company adopted on 13 August 2012. Details of the Options are set out below:
Date of grant : 13 March 2013 ("Date of Grant")
Exercise price of Options
granted
: HK$0.435 per Share
Total number of Options granted : 15,600,000
Closing price of the Shares on
the Date of Grant
: HK$0.415 per Share
Validity period of the Options : 13 March 2013 to 12 March 2018 (the "Option Period")

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As at the Date of Grant, the Company had issued 603,108,419 Shares. Details of the Options granted to the Grantees who are directors of the Company are as follows:
Capacity Name of the Grantee Number of Options
Chairman, executive director and substantial shareholder of the
Company
Dr. Hon. So Yuk Kwan 600,000
Executive director and chief executive
officer of the Company
Mr. So Chi On 6,000,000
Executive director, chief financial
officer and company secretary of the Company
Mr. Ho Choi Yan, Christopher 3,000,000
Save as disclosed above, none of the Grantees is a Director, chief executive or substantial shareholder of the Company, or any of their respective associate(s) (as defined in the Listing Rules).
By order of the Board
AV Concept Holdings Limited
So Yuk Kwan
Chairman
Hong Kong, 13 March 2013
As at the date of this announcement, the Board comprises three executive directors, Dr. Hon. So Yuk Kwan (Chairman), Mr. So Chi On and Mr. Ho Choi Yan, Christopher and three independent non- executive directors, Dr. Lui Ming Wah, SBS, JP, Mr. Charles E. Chapman and Mr. Wong Ka Kit.

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