Disposal (5165I)

TIDMCWO

RNS Number : 5165I

China Wonder Limited

15 June 2011

China Wonder Limited

("China Wonder" or the "Company")

Disposal of Wonder Packing Machinery Co., Ltd

Further to the announcement made by the Company on 4 April 2011 (the "4 April Announcement"), China Wonder is pleased to announce that all of the conditions relating to the proposed disposal of Wonder Packing Machinery Co., Ltd (further details of which are contained in the 4 April Announcement) (the "Disposal") have been satisfied and that the Disposal has now completed. Accordingly the Company no longer has any trading businesses and will become an investing company (as such term is defined in the AIM Rules).

As at the date of this announcement, the Company has cash resources of approximately RMB57,750,000 (approximately GBP5.45 million assuming an exchange rate of GBP1:RMB10.6).

For further information, please contact:

 
 Mark Chapman      China Wonder Limited         Tel: 01483 894 627 
                                                 Mob: 07918 733 111 
 Dan Bate          WH Ireland Limited           Tel: 0161 832 2174 
 Dru Edmondstone   Rivington Street Corporate   Tel: 020 7562 3364 
                    Finance

This information is provided by RNS

The company news service from the London Stock Exchange

END

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