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 the contents of this announcement.

BEL GLOBAL RESOURCES HOLDINGS LIMITED

百營環球資源控股有限公司

(incorporated in Bermuda with limited liability)

(stock code: 761)

UPDATES ON THE COMPANY'S LITIGATION - JUDGEMENT IN RESPECT OF HCA 1240 OF 2012

This announcement is made by Bel Global Resources Holdings Limited (the "Company") pursuant to the Inside Information Provisions (as defined in the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules")) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and Rule 13.09 of the Listing Rules.
References are made to (i) the announcement of the Company dated 31 July 2013 in relation to Stay of Execution, and (ii) the announcements dated 23 October 2013 in relation to the update on the Company's litigation (together, the "Announcements"). Unless otherwise stated, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcements.

Claims against the Company by current holder of convertible bonds - Order under HCA 1240 of 2012 ("Court Order")

The application for a stay of execution of the Court Order was heard on 30 September
2013. Both parties have finished their submissions before the Judge and were awaiting the Court's decision.
On 18 March 2014, the decision was handed down and the Court has allowed our application for a stay on the basis of the new evidence.
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SUSPENSION OF TRADING

At the request of the Company, trading in the Shares on the Stock Exchange has been suspended with effect from 9:00 a.m. on 4 July 2011 and will continue to be suspended until further notice.

Shareholders and potential investors are accordingly advised to exercise caution when dealing in the securities of the Company.

By order of the Board

Bel Global Resources Holdings Limited Li Wing Tak

Company Secretary

Hong Kong, 20 March 2014

As at the date of this announcement, (i) the executive Directors are Ms. Sze Shan Shan, Pat, and Mr. Li Wing Tak*; (ii) non-executive Directors are Mr. Cai Dubing and Dr. Sy Chin Mong, Stephen; and (iii) the independent non-executive Directors are Dr. Chang Soo-kong, Mr. Ho Wai Chi, Paul and Mr. Wong Lok.

* Mr. Li Wing Tak has appointed Mr. Wong Wan Sing as his alternate Director.

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