Decided to cut loss... not movement despite the new order.

:(

1-2 cents = -1 cent ie go down .

It will go up at least 1 - 2 cents tmr with the new contracts secured.

Sound Global

 

SOUND GLOBAL LTD.

(Incorporated in Singapore on 7 November 2005)

(Company Registration No. 200515422C)

SOUND GLOBAL TO UNDERTAKE BUILD, OPERATE AND TRANSFER PROJECT IN YANG COUNTY, SHAANXI PROVINCE, PRC

The Board of Directors of Sound Global Ltd. ("

The total investment of the project is RMB119.6 million. Pursuant to the project, the wastewater treatment at the production plants will be undertaken under the Build, Operate and Transfer ("

Sound Global’s Executive Chairman, Mr. Wen Yibo (

None of the Directors or substantial shareholders of the Company has any interest, direct or indirect (other than through their shareholdings in the Company), in the above-mentioned transaction.

The accounting treatment for this project will be similar to our previous BOT projects. The project is expected to contribute positively to the net earnings per share and the net tangible assets per share of the Company for the financial year ending 31 December 2011.

By Order of the Board

Submitted by Wen Yibo, Executive Chairman, on 14 January 2011 to SGX. Sound Global" or the Company") wishes to announce that it has signed a contract with respect to a municipal wastewater project in Yang County, Shaanxi Province, in the People’s Republic of China ("PRC"). BOT") format with a concession period of 30 years, and the water quality of the water discharged shall comply with the B Standard in the first grade as set out in Discharge Standard of Pollutants for Municipal Wastewater Treatment Plants (GB18918-2002). Yang County is located in the upper reaches of the Hanjiang River and is a Nationally Designated Eco-Demonstration County. The Hanjiang River is the secondary water source for the middle route project of the South-to-North Water Diversion Project in the PRC. 文一波), said: "the construction of this project has a direct relationship with the water quality of the middle route water supply project, and is critical to the protection of the Hanjiang River, the water source. It is an integral element in the middle route project of the South-to-North Water Diversion Project. At the same time, it will play a significant role in the improvement and enhancement of the investment environment in Yang County, the acceleration of urban infrastructure facilities construction, the improvement of the urbanization level and the water environment in the city, as well as the prevention and control of ground water pollution.

About Sound Global Ltd.

Sound Global (formerly known as Epure) is one of China’s leading turnkey water & wastewater treatment solutions providers. Backed by extensive R&D and technical expertise, it has successfully completed many award-winning projects.

The Group develops proprietary technologies and customises them into effective turnkey solutions for industrial and municipal projects. It has a strong marketing network in China, where it is much sought after for its strong design and engineering project management capabilities.

In 2006, Sound Global diversified into the management of water treatment plants. It has also invested in build, operate and transfer (BOT) projects to diversify its project portfolio. The Group acquired Beijing Hi-Standard Water Treatment Equipment Co., Ltd, progressing towards its aspiration of becoming a fully integrated services provider.

Sound Global was named one of the Top Ten Influential Water Industry Engineering Companies in China in 2007 and ranked first among the Top Ten Outstanding Engineering Companies in 2009. Executive Chairman Wen Yibo was named one of the Top Ten Influential People in the Water Industry in China in 2005, 2006 and 2007.

For further information, please contact:

Ms Daisy Sun of Wonderful Sky Financial Group at +852 3970 2185, +852 9799 4507

or e-mail daisysun@wsfg.hk