We refer to our announcement dated 7th December 2010 of our China JV partner's intent to divest their 35% interests in our 2 China subsidiaries. Our China JV partner has on 2th May 2011 invited applications to bid for our 2 China subsidiaries via the Shanghai United Assets and Equity Exchange. The minimum bidding price for their 35% interests in MFS Technology (PCB) Co., Ltd is RMB98m and RMB17.6m for MFS Technology (Hunan) Co., Ltd. The invitation will remains open until 20th June 2011.

Further updates on material developments will be provided when available.