Christine International Holdings Limited will seek approval from its shareholders for a share repurchase program at the Annual General Meeting to be held on May 26, 2014. Under the program, the company will repurchase up to 101,018,800 shares, representing 10% of its issued share capital. The company may only apply funds legally available under the applicable laws of the Cayman Islands, and the memorandum and articles of association of the Company.

The purpose of this repurchase program is to enhance the net asset value and/or the earnings per share of the company. This program will be valid until the earliest of the conclusion of the next Annual General Meeting, or the expiration of the period within which the next Annual General Meeting of the company is required by its bye-laws to be held or the passing of an ordinary resolution by its shareholders in general meeting revoking or varying the authority given to its directors by this resolution. As of April 14, 2014, the company has 1,010,188,000 shares outstanding.