The board of Directors of Merry Garden Holdings Limited announced that a gain has been recognised by Zhangping Kimura for the year ended December 31, 2013 in relation to the consideration received from the land reserve centre for the land resumption, and accordingly, it is expected that the net profit of the company and its subsidiaries for the year ended December 31, 2013, may record a significant increase as compared with the net profit for the corresponding period in 2012.