The board of directors of Overseas Chinese Town Asia Holdings Limited to announced that the Group is expected to record an increase of approximately 50% in unaudited consolidated net profit attributable to shareholders of the company for the six months ended June 30, 2012 as compared to the corresponding period in 2011 mainly due to the growth in the comprehensive development business of Chengdu Tianfu OCT Industry Development Company Limited, a subsidiary of the company, together with the growth in the share of profit of Overseas Chinese Town (Xi'an) Industry Company Limited. This positive profit alert announcement is only based on the preliminary review by the Group's management in accordance with the consolidated management accounts of the Group for the six months ended June 30, 2012, which have not yet been audited or reviewed by the company's auditors.