Mr. Sun XiYi exercises option and becomes main shareholder of Euro Asia

Weifang, People's Republic of China, 13 July 2010

Euro Asia Premier Real Estate Company Limited ("Euro Asia", ISIN: VGG3223A1057) publishes today the exercise of an option by Mr. Sun XiYi, Chairman of the Board, according to that he acquired 7 million shares of Euro Asia from Mr. Patrick P.L. Chan in June 2010. Mr. Sun XiYi is now main shareholder of the Company, representing a total of 63.3% of the outstanding shares. Vice Chairman Mr. Patrick P.L. Chan represents a holding of 18.2% of the 11 million outstanding shares. The transaction was according to the outline in the issuing prospectus for the going public at the Frankfurt Stock Exchange in May 2010.

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