Exhibit 99.1

SouFun Signed Strategic Cooperation Agreements

with China’s No.1 and No.3 New Home Agency Companies

BEIJING, July 10, 2014 /PRNewswire/ — SouFun Holdings Limited (NYSE: SFUN, “SouFun” or the “Company”), the leading real estate Internet portal in China, today announced that it has entered into strategic cooperation agreements respectively with China’s No.1 and No.4 new home agency companies, Shenzhen World Union Properties Consultancy Co., Ltd. (“World Union”) (stock code: 002285) listed on the Shenzhen Stock Exchange and Hopefluent Group Holdings Limited (“Hopefluent”) (stock code: 00733) listed on the Hong Kong Stock Exchange.

Pursuant to the strategic cooperation agreement with World Union, 1) SouFun and World Union will form a mutually preferred strategic partnership across their business lines, including advertising, e-commerce, listing service, new home agency and consultancy, etc.; 2) SouFun and World Union will collaborate and explore further partnership in internet and real estate financing businesses; 3) SouFun will subscribe for new shares of World Union in a private placement for 10% of World Union’s outstanding share capital immediately after the completion of the private placement. The aggregate cash consideration for this strategic cooperation agreement amounts to approximately US$120 million. The completion of this strategic cooperation agreement is subject to approval by World Union’s shareholders and by the China Securities Regulatory Commission.

Pursuant to the strategic cooperation agreement with Hopefluent, 1) SouFun and Hopefluent will form a mutually preferred strategic partnership across their business lines, including advertising, e-commerce, listing service, new home and resale agency, consultancy and property management, etc.; 2) SouFun and Hopefluent will collaborate and form a joint venture in internet and real estate financing businesses mainly to support Hopefluent’s core new home agency businesses; 3) SouFun will subscribe for new shares of Hopefluent in a private placement and purchase shares from existing shareholders for a total of approximately 17% of Hopefluent’s outstanding share capital immediately after the completion such transactions. The aggregate cash consideration for this strategic cooperation agreement amounts to approximately US$ 91 million. The completion of this strategic cooperation agreement is subject to approval by Hopefluent’s shareholders and by the Hong Kong Stock Exchange.

Vincent Mo, SouFun’s executive chairman, comments: “This is a top players’ cooperation and partnership. As the leading online platform in China’s huge real estate market, SouFun has been looking for the leading off-line players to work together for the industrial upgrade of China’s expanding new home and resale market. Both World Union and Hopefluent are the front runners of China’s new home agency and consultancy companies. They are SouFun’s best choices for forming strategic O2O partnerships. I am sure that these strategic cooperation partnerships will not only allow SouFun a broader and deeper access in real estate transactions but also enhance World Union and Hopefluent’s leadership, innovation, and evolvement by integrating internet and mobile elements into their very successful offline operations. I look forward to seeing a new World Union and a new Hopefluent.”

About World Union

World Union is the largest nationwide agency company in China. Since 1993, World Union has provided comprehensive value-added services ranging from planning of marketing programs and related consultancy services to handling of property sales and related financing services for over 20,000 real estate developers and over 6 million households. World Union is ranked No.1 among the top 50 real estate agency companies in China by China Real Estate Index System, a real estate research publication operated by SouFun.

About Hopefluent

Hopefluent is principally engaged in real estate agent business for the primary and secondary property markets in China. It provides comprehensive value-added services ranging from planning of marketing programs and related consultancy services to handling of property sales and mortgage arrangements. Hopefluent is ranked No.3 among the top 50 real estate agency companies in China by China Real Estate Index System, a real estate research publication operated by SouFun.

About SouFun

SouFun operates the leading real estate Internet portal in China in terms of the number of page views and visitors to its websites in 2013, according to DCCI, an independent market research institution commissioned by us. Through our websites, we provide marketing, e-commerce, listing and other value-added services for China’s fast-growing real estate and home furnishing and improvement sectors. Our user-friendly websites support active online communities and networks of users seeking information on, and other value-added services for, the real estate and home-related sectors in China. SouFun currently maintains about 100 offices to focus on local market needs and its website and database contains real estate related content covering more than 330 cities in China. For more information about SouFun, please visit http://ir.soufun.com.

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Safe Harbor Statement

The Company cautions its shareholders and others considering trading its securities that there can be no assurance that these strategic cooperation agreements will be approved or the share subscription transactions will be consummated. This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “is expected to,” “anticipates,” “aim,” “future,” “intends,” “plans,” “believes,” “are likely to,” “estimates,” “may,” “should” and similar expressions. Such forward-looking statements include, without limitation, the Company’s plan to form strategic partnerships and collaborate and explore Internet and real estate financing businesses with World Union and Hopefluent, comments by management in this release about the success and benefit of its strategic cooperation partnerships, and about China’s real estate market. All statements other than statements of historical fact in this press release are forward-looking statements and involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These forward-looking statements are based on management’s current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates, but involve a number of unknown risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and actual results may differ materially from the anticipated results. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements.

For investor and media inquiries, please contact:

Mr. Hong Zhao

Vice President – Finance

SouFun Holdings Limited

Phone: +86-10-5631-8707

Email: hongzhao@soufun.com

Ms. Yiwen Zhang

Investor Relations Manager

SouFun Holdings Limited

Phone: +86-10-5631 8659

E-mail: zhangyiwen@soufun.com

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Exhibit 99.2

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

HOPEFLUENT GROUP HOLDINGS LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 733)

FRAMEWORK AGREEMENT

IN RESPECT OF PROPOSED SUBSCRIPTION OF NEW SHARES AND

PROPOSED STRATEGIC COOPERATION

AND

RESUMPTION OF TRADING

1

This announcement is made by Hopefluent Group Holdings Limited (the “ Company ”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”) and the inside information provisions under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong) (the “ SFO ”).

The board (“ Board ”) of directors of the Company (the “ Directors ”) is pleased to announce that on 10 July 2014, the Company entered into a binding framework agreement (the “ Framework Agreement ”) with SouFun Holdings Limited (“ SouFun ”) in respect of (i) the proposed subscription of new ordinary shares of HK$0.01 each in the share capital of the Company (the “ Shares ”) by SouFun (the “ Proposed Subscription ”) and (ii) the proposed strategic cooperation between the Company and SouFun in certain areas which the parties are engaged in and the formation of a joint venture company (the “ JV Co ”) to conduct real estate financial and Internet financial services businesses (the “ Proposed Strategic Cooperation ”) (the Proposed Subscription and the Proposed Strategic Cooperation together referred to as the “ Proposed Transactions ”).

Pursuant to the Framework Agreement, the Company and SouFun agreed to enter into formal agreements setting out the detailed terms and conditions of the Proposed Transactions within 30 days from the date of the Framework Agreement. Further announcement will be made by the Company when formal agreement has been entered into by the Company and SouFun in respect of the Proposed Transactions.

SouFun is a company listed on The New York Stock Exchange (NYSE:SFUN) operating real estate Internet portal in China. Through its websites, SouFun provides marketing, e-commerce, listing, and other value-added services for China’s real estate and home-related sectors.

To the best of the Directors’ knowledge, information and belief having made all reasonable enquiry, SouFun and its shareholders are third parties independent of the Company and are not connected persons (as defined under the Listing Rules) of the Company.

The Proposed Subscription

Pursuant to the Framework Agreement, subject to the compliance with the applicable laws and regulations, and the policies and guidelines of the relevant securities regulatory authorities, of the PRC and the place where the shares of the parties are listed, the Company shall proceed with the issuance of 91,000,000 new Shares (“ New Shares ”), representing approximately 17.38% and 14.80% of the issued share capital of the Company before and after the issuance of the New Shares, at the issue price of HK$3.00 per New Share for subscription by SouFun.

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Completion of the Proposed Subscription shall be conditional upon, inter alia , the following:

As of the date of this announcement, condition 4 above has been fulfilled.

The Board shall recommend the appointment of a person nominated by SouFun as a Director for the shareholders’ approval.

SouFun shall provide the Company with certain amount of technology and network resources (not less than HK$50,000,000 worth of network resources) for uses in the Company’s technology upgrades, network construction and business and brand promotion.

The above terms and conditions of the Proposed Subscription have been agreed by the parties based on the financial and operational position of the Company published by the Company prior to the execution of the Framework Agreement (“ Current Position ”). The Company warrants to SouFun that there shall be no material adverse change to the Current Position prior to completion of the Proposed Subscription.

The Proposed Strategic Cooperation

The Company and SouFun agreed to strengthen and expand their strategic cooperation in certain areas which the parties are engaged in, such as advertising, e-commerce, agency planning, brokerage, secondary property leasing, community property management and financial services.

SouFun will cooperate fully with the Company in the real estate sector and the Internet financial services sector, give full support to the Company in satisfying its needs for financial services in primary and secondary properties, property leasing, property management and community services. In this connection, the parties agreed to establish the JV Co to conduct real estate financial and Internet financial services business after the relevant regulatory approvals are obtained and regulatory requirements are satisfied.

The JV Co shall be a company established in the PRC owned as to 60% by SouFun and 40% by the Company. SouFun and the Company will contribute RMB 300 million and RMB 200 million in cash to the JV Co respectively as share capital. It is contemplated that following the establishment of the JV Co, the Company will transfer its subsidiary Guangzhou Bao Lai Microcredit Business Ltd. (“ Bao Lai ”) to the JV Co for use by the JV Co for its microcredit business. The Company shall be entitled to all the assets and be responsible for all the liabilities of Bao Lai prior to such transfer taking place. The JV Co shall provide exclusive real estate financial and Internet financial services to the Company. The Company shall not conduct real estate financial and Internet financial services business in collaboration with other companies or establish any real estate financial and Internet financial joint venture which competes with the JV Co. Detailed arrangement in respect of the JV Co will be agreed and governed by formal agreement to be entered into by the parties.

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The JV Co shall have a board of directors comprising five members, three of which shall be appointed by SouFun and two of which shall be appointed by the Company. The chairman of the board of directors of the JV Co, who is also the legal representative of the JV Co, shall be appointed by SouFun.

REASONS FOR AND BENEFITS OF THE FRAMEWORK AGREEMENT

The Company and its subsidiaries (the “ Group ”) is principally engaged in real estate agent business for the primary and secondary property markets in China. The Group provides comprehensive value-added services ranging from planning of marketing programmes and related consultancy services to handling of property sales and mortgage arrangements.

The Directors believe that SouFun online platform will further enhance the Company’s ability to provide value-added services to its clients and capture greater business opportunities. Therefore, the Directors are of the view that the entering into the Framework Agreement and the transactions contemplated thereunder is in the interest of the Company and its shareholders as a whole.

RESUMPTION OF TRADING

At the request of the Company, trading of the Shares was halted with effect from 9:00 a.m. on Monday, 7 July 2014 pending the publication of this announcement. Application has been made by the Company to The Stock Exchange of Hong Kong Limited for resumption of trading in the Shares with effect from 9:00 a.m. on Friday, 11 July 2014.

The Company wishes to emphasize that only the Framework Agreement has been entered into as at the date of this announcement. The Proposed Transactions, which are subject to conditions set out in the Framework Agreement, may or may not proceed. Shareholders and potential investors are urged to exercise caution when dealing in the securities of the Company.

By order of the Board

Hopefluent Group Holdings Limited

Fu Wai Chung

Chairman

Hong Kong, 10 July 2014

As at the date of this announcement, the executive directors of the Company are Mr. FU Wai Chung, Ms. NG Wan, Ms. FU Man and Mr. LO Yat Fung and the independent non-executive directors are Mr. LAM King Pui, Mr. NG Keung and Mrs. WONG LAW Kwai Wah, Karen.

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Exhibit 99.3

Share Purchase Agreement

(Summary Translation)

This share purchase agreement (this “ Agreement ”) is entered into on July 10, 2014 in Shenzhen, Guangdong province by and between the following parties:

Party A: Shenzhen World Union Properties Consultancy Co., Ltd. (the “ Issuer ”)

Party B: Beijing Hua Ju Tian Xia Network Technology Co., Ltd. (the “ Subscriber ”)

ARTICLE II Subject Matter

Clause 3. The Issuer intends to issue, by private placement, 138,866,970 ordinary shares (A Share) with par value of RMB1.00 per share (the “ Proposed Private Placement ”).

Clause 4. Upon mutual agreement between both parties, the Subscriber intends to subscribe for 90,264,297 shares. If an ex-dividend event occurs during the period from the pricing date to the issue date, the number of this issue and the number of subscription by the Subscriber will be adjusted accordingly.

Clause 5. The shares for the Proposed Private Placement are to be listed on the Shenzhen Stock Exchange, with the specific listing arrangements to be determined upon consultation with the China Securities Regulatory Commission, the Shenzhen Stock Exchange, and the securities registration and settlement institution.

ARTICLE III Subscription Price, Method and Amount

Clause 6. Both parties agree that the provisions of Administrative Measures for Issuance of Securities by Listed Companies and Implementing Rules for Non-Public Offering of Shares by Listed Companies will serve as the pricing basis for the Proposed Private Placement.

Pursuant to the foregoing, and upon mutual agreement between both parties, the Issuer determines that the price for the Proposed Private Placement will be RMB8.23 per share. If an ex-dividend event occurs to the Issuer’s shares during the period from the pricing date to the issue date, the issue price above will be adjusted according to the adjustment formula as follows:

Assuming the issue price before the adjustment is P ₀ , the number of bonus shares or newly converted shares is N, dividend per share is D, the adjusted minimum issue price is P ₁ (two decimal places retained, with the last one rounded), then:

Dividends (1): P ₁ = P ₀ -D

Bonus shares or newly converted shares (2): P ₁ =P ₀ /(1+N)

(1) + (2): P ₁ =(P ₀ -D)/(1+N).

Clause 7. Upon the completion of the Proposed Private Placement, the Issuer’s then existing shareholders will share the Issuer’s accumulated undistributed profits before the Proposed Private Placement in proportion to their respective shareholdings in the Issuer. Party B agrees to subscribe in cash for the Issuer’s shares in the Proposed Private Placement at the price as determined in Clause 6 hereunder, with its subscription price being equal to that of other issue targets.

Clause 8. Party B agrees that the total subscription amount shall equal the subscription price × number of subscribed shares.

ARTICLE IV Time and Method for Payment of Subscription Money and Stock Delivery

Clause 9. Party B agrees to subscribe for the shares issued by the Issuer in the Proposed Private Placement in accordance with Article III hereunder, and agrees to deposit the total subscription price in cash on a one-off basis into an account specially opened by the sponsor for this offering, within three business days after approval by the China Securities Regulatory Commission of the Proposed Private Placement and the receipt of the subscription money payment notice from the Issuer. Upon deduction of the related expenses and completion of the capital verification, the subscription price shall be deposited into the Issuer’s special deposit account for the offering proceeds.

Clause 10. Upon payment by the Subscriber of the subscription money, the Issuer shall, as soon as possible, complete share registration procedures and other matters with the securities registration and settlement institution in respect of the shares subscribed by the Subscriber in order to ensure that the Subscriber becomes the lawful holder of the shares subscribed.

ARTICLE V Lock-up Period

Clause 11. The shares subscribed by the Subscriber shall not be transferred within 36 months from the closing date of the Proposed Private Placement. The Subscriber shall issue a lock-up undertaking and complete stock lock-up matters in relation to the shares subscribed in the Proposed Private Placement in accordance with the relevant laws and regulations and the relevant provisions promulgated by the China Securities Regulatory Commission and the stock exchange and in accordance with the requirements of the Issuer.

ARTICLE XII Effect and Termination

Clause 23. This Agreement shall be concluded upon execution by both parties and shall become effective after all of the following conditions are satisfied:

If the above conditions are not satisfied, this Agreement shall automatically be terminated.

Clause 24. In case of non-fulfillment of the conditions set forth in the Clause above, as a result of which this Agreement shall fail to become effective, neither party shall be held liable to the other if such non-fulfillment is not attributable to either party.

[Signature page to Share Purchase Agreement]

July 10, 2014

Exhibit 99.4

Equity Investment and Cooperation Agreement

(Summary Translation)

This Agreement is entered into on July 10, 2014 by and between the following parties:

Party A: Beijing SouFun Network Technology Co., Ltd or its designated affiliate

Party B: Shenzhen World Union Properties Consultancy Co., Ltd. (stock code: 002285)

Article I. Private Placement of Party B’s Shares

1. Subject to compliance with relevant PRC laws and regulations, and relevant policies and guidelines of the securities regulatory authorities, Party B shall proceed with a private placement of its shares to the members of its management and Party A (the “ Proposed Private Placement ”), with Party A’s subscription of shares representing 10 % of Party B’s total share capital after the Proposed Private Placement.

2. The share price for the Proposed Private Placement to Party A is the average trading price of the 30 trading days prior to the trading halt day of July 4, 2014 (i.e., RMB8.23 per share), subject to relevant laws and regulations of the China Securities Regulatory Commission, the Shenzhen Stock Exchange and other authorities.

Article II. Business Strategic Cooperation between Party A and Party B

Party A and Party B hereby agree to strengthen and expand their strategic cooperation in certain areas which the parties are engaged in, such as advertising, e-commerce, agency planning, brokerage, financial services and other business fields. With all other conditions being equal, each party agrees to give preference to the selection of the other party as its partner in the above-referenced fields.

[Signature page to Equity Investment and Cooperation Agreement]

Party A: Beijing SouFun Network Technology Co., Ltd or its designated affiliate

/Company Seal/

Authorized signatory: /s/ MO Tianquan

Party B: Shenzhen World Union Properties Consultancy Co., Ltd.

/Company Seal/

Authorized signatory

Exhibit 99.5

Investment and Cooperation Framework Agreement

(Summary Translation)

This Agreement is entered into on July 10, 2014 by and between the following parties:

Party A: SouFun Holdings Limited

Party B: Hopefluent Group Holdings Limited

Article I. Private Placement of Party B’s Shares

1. Subject to the compliance with the applicable laws and regulations and the policies and guidelines of the relevant securities regulatory authorities of the PRC and the place where the shares of the parties are listed, Party B shall proceed with the issuance of 91,000,000 new shares (the “ New Shares ”) to Party A (the “ Proposed Subscription ”), representing approximately 14.80% of the issued share capital of Party B after the issuance of the New Shares. Party A may designate a wholly-owned subsidiary as the subscriber of the New Shares (the “ Subscriber ”) when executing the relevant share subscription agreement, subject to Party A acting as the guarantor of the Subscriber in that agreement.

2. Upon mutual agreement, the Proposed Subscription is subject to the following conditions:

3. The issue price of the New Shares is HK$3.00 per share.

4. Subject to the compliance of the applicable laws and regulations, Party B’s board of directors shall recommend the appointment of a person nominated by Party A as a director for the shareholders’ approval.

5. Party A shall provide Party B with certain amount of technology and network resources (not less than HK$50,000,000 worth of network resources) for use in Party B’s technology upgrades, network construction and business and brand promotion.

Article II. Business Strategic Cooperation between Party A and Party B

Party A and Party B hereby agree to strengthen and expand their strategic cooperation in certain areas which the parties are engaged in, such as advertising, e-commerce, agency planning, brokerage, secondary property leasing, community property management and financial services.

Party A shall cooperate fully with Party B in the real estate sector and the Internet financial services sector, and give full support to Party B in satisfying its needs for financial services in primary and secondary properties, property leasing, property management and community services, as well as in satisfying the financial needs of Party B’s other partners when the conditions are ripe. The parties hereby agree to establish a joint-venture company (the “ JV Co ”) to engage in financial services business after the relevant regulatory approvals are obtained and regulatory requirements are satisfied. The JV Co shall be owned as to 60% by Party A (contributing RMB300 million in cash) and 40% by Party B (contributing RMB200 million in cash). Following the establishment of the JV Co, Party B shall transfer its subsidiary Guangzhou Bao Lai Microcredit Business Ltd. (‘‘ Bao Lai ’’) to the JV Co for use by the JV Co for its microcredit business. Party B shall be entitled to all the assets and be responsible for all the liabilities of Bao Lai prior to such transfer taking place. Bao Lai shall accept the equity injection of the JV Co on the condition that Bao Lai shall have no current liabilities. To the extent that the JV Co’s services shall satisfy Party B’s business needs, the JV Co shall provide exclusive real estate financial and Internet financial services to Party B, and Party B shall not conduct real estate financial and Internet financial services business in collaboration with other companies or establish any real estate financial and Internet financial joint venture which competes with the JV Co. Detailed arrangement in respect of the JV Co will be agreed and governed by formal agreement to be entered into by the parties.

The JV Co shall have a board of directors comprising five members, three of which shall be appointed by Party A and two of which shall be appointed by Party B. The chairman of the board of directors of the JV Co, who is also the legal representative of the JV Co, shall be appointed by Party A. The management of the JV Co shall be appointed by its board of directors.

Article IV. Representations and Warranties of Party B

The above terms and conditions of the Proposed Subscription have been agreed by the parties based on the financial and operational position of Party B published by Party B prior to the execution of this Agreement (the ‘‘ Current Position ’’). Party B warrants to Party A that there shall be no material adverse change to the Current Position prior to completion of the Proposed Subscription.

[Signature page to Investment and Cooperation Framework Agreement]

Party A: SouFun Holdings Limited

Signature/Seal: /Company Seal/

Party B: Hopefluent Group Holdings Limited

Signature/Seal: /Company Seal/

Exhibit 99.6

Dated 10 July 2014

ORCHID ASIA V, L.P.

(as Vendor)

and

SOUFUN HOLDINGS LIMITED

(as Purchaser)

SALE AND PURCHASE AGREEMENT

relating to the sale and purchase of shares

in the capital of

Hopefluent Group Holdings Limited

TABLE OF CONTENTS

- i -

This Agreement is made on 10 July 2014 between:

Whereas :

IT IS HEREBY AGREED :

In this Agreement, unless the context otherwise requires, the provisions in this Clause 1 apply:

“ CCASS ” the Central Clearing and Settlement System established and operated by Hong Kong Securities Clearing Company Limited;

“ Company ” has the meaning given to it in Recital (A);

“ Completion ” completion of the sale and purchase of the Sale Shares in accordance with Clause 4;

“ Completion Date ” means the date of completion of the Subscription Agreement, or such other date as the Vendor and the Purchaser may agree in writing;

“ Encumbrance ” means any charge, mortgage, lien, option, equitable right, power of sale, pledge, hypothecation, retention of title, right of pre-emption, right of first refusal or other third-party right or security interest of any kind or an agreement, arrangement or obligation to create any of the foregoing;

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“ HK$ ” means the Hong Kong dollar, the lawful currency for the time being of Hong Kong;

“ Hong Kong ” means the Hong Kong Special Administrative Region of the People’s Republic of China;

“ Parties ” has the meaning given to it in the Preamble and “ Party ” means any one of them;

“ Purchaser ” has the meaning given to it in the Preamble;

“ Sale Shares ” means an aggregate of 20,935,037 Shares;

“ Shares ” means ordinary shares of HK$0.01 each in the share capital of the Company and “ Share ” means any one of them; and

“ Stock Exchange ” means The Stock Exchange of Hong Kong Limited.

References to one gender include all genders and references to the singular include the plural and vice versa.

References in this Agreement to any time of a day shall be references to the time of the day in Hong Kong.

On and subject to the terms and conditions of this Agreement, the Vendor shall sell, and the Purchaser shall purchase, the Sale Shares free from all Encumbrances and together with all rights and entitlements which the Vendor has in the Sale Shares as at the Completion Date attaching or accruing thereto.

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This Agreement contains the whole agreement among the Parties relating to the subject matter of this Agreement to the exclusion of any terms implied by law which may be excluded by contract and supersedes any previous written or oral agreement among the Parties in relation to the matters in this Agreement.

Each of the Parties confirms that he or it has received independent legal advice relating to all the matters provided for in this Agreement, and agrees that the provisions of this Agreement and all documents entered into pursuant to this Agreement are fair and reasonable.

Except as otherwise expressly provided in this Agreement, none of the Parties may, without the prior written consent of the other Parties, assign, grant any security interest over, hold on trust or otherwise transfer the benefit or burden of the whole or any part of this Agreement.

Time shall be of the essence of this Agreement.

No variation of this Agreement shall be effective unless in writing and signed by or on behalf of each of the Parties.

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The Parties agree that each of them shall bear its own costs and expenses in connection with the preparation, negotiation and signing of this Agreement and the costs related to the sale and purchase of the Sale Shares provided that the stamp duty for the sale and purchase of the Sale Shares shall be borne by the Vendor as to 50 per cent. and the Purchaser as to 50 per cent. The Vendor and the Purchaser shall be responsible for the timely payment of such stamp duty.

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This Agreement may be entered (including by facsimile signatures) into in any number of counterparts, all of which taken together shall constitute one and the same instrument.

- 7 -

This Agreement has been executed on the date stated at the beginning.

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