LTD.

The Board of Directors (“Board”) of China Kunda Technology Holdings Limited (the “Company” and

together with its subsidiaries, the “Group”) refers to its previous announcement dated 22 September

2009, and wishes to make this announcement in compliance with Rule 905(2) of the listing manual

(“Listing Manual”) of Singapore Exchange Securities Trading Limited.

As at the date of this announcement, the entire equity interest in Shenzhen Kunda Precision Mould

Co., Ltd. (“Shenzhen Precision”) with whom the Group has transactions, is owned by our Executive

Chairman and CEO, Mr Cai Kaoqun and our Executive Director, Mr Cai Kaobing. In addition, our

Executive Director and COO, Mr Yang Jinbiao is also a director of Shenzhen Precision. As such, all

the transactions entered into between the Group and Shenzhen Precision are regarded as interested

party transactions for the purpose of Chapter 9 of the Listing Manual.

Based on the Group’s latest audited accounts for the financial period ended 31 March 2009, the net

tangible asset (“NTA”) of the Group as at 31 March 2009 is approximately HK$131.4 million.

The transaction value of the Lease (as defined in its previous announcement dated 22 September

2009) as at 31 December 2009 is approximately HK$2.7 million which represents approximately

2.06% of the Group's latest audited NTA as at 31 March 2009. In accordance with Rule 916(1), the

Lease transaction is not required to comply with Rule 906 as the Lease has a tenure of less than 3

years and the terms are supported by an independent valuation.

As at 31 December 2009, the aggregate value of all interest person transactions entered into with

Shenzhen Precision (including the Lease and excluding transactions conducted under shareholders’

mandate pursuant to Rule 920) for the current financial year ending 31 March 2010 is HK$4.5 million

which represents approximately 3.40% of the Group's latest audited NTA as at 31 March 2009. As

this exceeds the relevant threshold of 3.0% under Rule 905(2) of the Listing Manual, the Company is

required to make an immediate announcement under Chapter 9 of the Listing Manual.

The Audit Committee is of the view that the interested person transactions with Shenzhen Precision

were carried out on normal commercial terms and were not prejudicial to the interests of the Company

and its minority shareholders.

Save as disclosed above, 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 Lease.

The initial public offering of the Company was sponsored by Provenance Capital Pte. Ltd. (“the Issue

Manager”). The Issue Manager assumes no responsibility for the contents of this Announcement.

By Order of the Board

Ong Wei Jin