Arc Capital : Holding(s) in Company

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

ARC Capital Holdings Limited

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which may result in the

acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying

financial instruments

An event changing the breakdown of voting rights

Other (please Due to the Issuer's adoption of the UK Financial Conduct specify): Authority's Disclosure and Transparency Rules on 10 December

2014

X

3. Full name of person(s) subject to the notification obligation: iii

PAG Holdings Limited

4. Full name of shareholder(s)

(if different from 3.):iv

Cielo Overseas Limited

ACP Trading Limited

ARC Capital Partners Limited

5. Date of the transaction and date on

which the threshold is crossed or reached: v

All transactions pre-date 10 December 2014, the date when the DTR 5 disclosure obligation was adopted

6. Date on which issuer notified:

16 December 2014

7. Threshold(s) that is/are crossed or reached: vi, vii

50%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of

shares

if possible using the ISIN CODE

Situation previous

to the triggering transaction

Resulting situation after the triggering transaction

Class/type of

shares

if possible using the ISIN CODE

Number

of

Shares

Number

of Voting Rights

Number

of shares

Number of voting

rights

% of voting rights x

Class/type of

shares

if possible using the ISIN CODE

Number

of

Shares

Number

of Voting Rights

Direct

Directxi

Indirect xii

Direct

Indirect

USD0.01

Ordinary

KYG0450H1002

114,272,413

114,272,413

N/A

N/A

114,272,413

N/A

50.09%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial

instrument

Expiration date xiii

Exercise/

Conversion Periodxiv

Number of voting

rights that may be acquired if the instrument is exercised/ converted.

% of voting

rights

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instrumentsxv, xvi

Resulting situation after the triggering transaction

Type of financial

instrument

Exercise

price

Expiration date xvii

Exercise/

Conversion period xviii

Number of voting

rights instrument refers to

% of voting rights xix, xx

N/A

Nominal

Delta

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

114,272,413

50.09%

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

Hannes Valtonen

15. Contact telephone number:

+852 2918 0088