Far East Horizon Limited reported unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, net profit of the Group maintained steady growth, representing an increase of approximately 25% as compared with the corresponding period of 2012. Operating income increased by approximately 25% as compared with the corresponding period of 2012, of which, its non-interest income increased by approximately 30%. Net interest margin and net interest spread, which are both profitability indicators, remained stable at the level for the second half of 2012. Return on total assets rose steadily as compared to 2012. For the full year of 2013, the Group will be able to achieve a sustainable and healthy growth and reward all its shareholders with satisfactory operating results. The Group believes that its return on net assets will increase as compared to 2012 due to improvement in its gearing ratio.

Far East Horizon Limited announced audited consolidated earnings results for the year ended December 31, 2012. For the period, total revenue was USD 1,030,699,000 against USD 729,895,000 for the same period a year ago. Profit before tax from continuing operations was USD 329,884,000 against USD 228,854,000 for the same period a year ago. Profit attributable to owners of the parent was USD 241,305,000 or 7.59 cents per basic and diluted share against USD 171,412,000 or 6.56 cents per basic and diluted share for the same period a year ago. Net cash flows used in operating activities was USD 1,881,924,000 against USD 1,943,729,000 for the same period a year ago. Cash paid for acquisition of property, plant and equipment, intangible assets and other long term assets was USD 9,272,000 against USD 13,980,000 for the same period a year ago. Return on average assets was 2.82% against 3.04% for the same period a year ago. Return on average equity was 13.69% against 17.13% for the same period a year ago. Net debt was USD 5,847,102,000 against USD 4,705,588,000 for the same period a year ago. The Board recommends the payment of a final dividend of HKD 0.23 per share in respect of the year ended 31 December 2012 to shareholders whose names appear on the register of members of the Company on 26 June 2013. The final dividend is subject to the approval of the shareholders of the Company at the AGM. For determining the entitlement to the proposed final dividend, the register of members of the Company will be closed from 21 June 2013 to 26 June 2013, both days inclusive, during which period no transfer of shares will be registered. In order to qualify for the proposed final dividend, all transfers of shares, accompanied by the relevant share certificates, must be lodged with the Company's share registrar, Computershare Hong Kong Investor Services Limited, Hong Kong, for registration not later than 4:30 p.m. on 20 June 2013.

Far East Horizon Limited board announced that the company has issued CNY 500,000,000 (equivalent to approximately $80,401,000) in aggregate principal amount of Drawdown Notes on 22 March 2013. The Drawdown Notes are denominated in CNY. The issuance of the Drawdown Notes is a drawdown under the Company's existing Programme.