Sino-Ocean Group Updates On Information On Bonds Of A Subsidiary

Sino-Ocean Group Holding Ltd 3377:

• INFORMATION ON BONDS OF A SUBSIDIARY

• PLANS RESTRUCTURING FOR EXISTING CORPORATE BONDS

• TO ISSUE 2.8 BILLION SHARES FOR BOND REPAYMENT

• CASH REPURCHASE OF TARGET BONDS UP TO RMB800 MILLION NOT EXCEEDING RMB4 BILLION