China Nuclear Industry 23 International Corporation Limited provided consolidated earnings guidance for the nine months ended December 31, 2012. The company announced that as the closing market price of the shares as at the dates of exercise of warrants and as at the end of December 2012 were lower than the closing market price of the shares as at the end of the previous financial year, according to the currently applicable accounting standards, it is expected that the group will record gains on net changes in fair values of the aforesaid derivatives financial liabilities. Nevertheless such expected gains decreased as compared with that recorded during the year ended 31 March 2012.

Therefore the group expects a significant decrease in net profit for the nine months ended 31 December 2012 as compared to the net profit for the year ended 31 March 2012, which would also materially affect the net asset value of the group as at 31 December 2012.