Announcement re PUCF restructuring

25 June 2015

Resource Holding Management Limited

("RHM" or the "Company")

PUCF Restructuring

The Board of RHM (AIM:RHM) notes the announcement made on 25 June 2015 by PUC Founder (MSC) Berhad ("PUCF") that RedHot Media International (Shanghai) Co Ltd ("RHIS"), an indirect wholly owned subsidiary of PUCF, has commenced a members voluntary winding-up in accordance with the laws in the People's Republic of China ("PRC") (the "Winding-Up"). This follows the approval granted by the Shanghai Municipal Commission of Commerce. RHIS is one of PUCF's subsidiaries involved in media brokerage in the PRC.

Following completion of the Winding-Up the existing operations of RHIS will cease and the subsidiary will be closed down. RHM understand that the board of PUCF believe that the Winding-Up is in the best interests of PUCF shareholders given that RHIS is currently loss-making and has minimal re-saleable assets. The Winding-Up is part of the restructuring and re-alignment of the existing business of PUCF.

For further information, a copy of PUCF's announcement can be found here:

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4782545

RHM's wholly-owned subsidiary, RedHot Media International Limited, currently holds 493,168,402 ordinary shares in PUCF, which represents 46.28% of PUCF's issued share capital and 36,215,840 warrants to subscribe for new PUCF shares.

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