Placing and Allotment of New Ordinary Shares

22 March 2010

LED International Holdings Limited

("LED" or the "Company")

Placing and Allotment of New Ordinary Shares

LED is pleased to announce that, on 19 March 2010, it placed 78,000,000 new ordinary shares of HK$0.10 each ('the Placing Shares') at a placing price of 2.0 pence per Placing Share, raising £1.56 million ('the Placing'). The placing proceeds will be used to augment LED's working capital position.

Moreover, pursuant to resolutions passed at the Extraordinary General Meeting of the Company held on 26 February 2010 and to discharge its obligations in respect of the acquisition of Kepu Electronic Technology (Shenzhen) Company Limited, the Company has allotted 19,320,000 ordinary shares of HK$0.10 each ("the Allotment Shares") to Sun Wah Enterprise Investment Holdings Limited ("Sun Wah") ("the Allotment"). Sun Wah has nominated Mr. Weng Xiao Yong to take up the said allotment of ordinary shares.

The Placing Shares and the Allotment Shares will rank pari passu with all existing ordinary shares in the capital of the Company, and application for the Placing Shares and the Allotment Shares to be admitted to trading on AIM ("Admission") has been made, and accordingly, Admission is expected to take place on 26 March 2010, when the enlarged issued share capital of the Company will total 353,978,489 ordinary shares.

Mr Thomas Li, the Company's Executive Chairman, is a placee for 33,000,000 Placing Shares, and the Placing is therefore deemed to be a related party in accordance with the AIM Rules for Companies. Accordingly, the independent directors of LED, being all the directors other than Mr. Li, consider, having consulted with Strand Hanson Limited ("Strand Hanson"), that the terms of the issue of the Placing Shares are fair and reasonable insofar as the Company's shareholders are concerned. Strand Hanson has taken into account the independent directors' commercial assessment of the transaction.

Following the Placing, Mr. Li will be the beneficial owner of 96,965,985 ordinary shares in the Company, representing 27.39 per cent. of the Company's enlarged issued ordinary share capital.

Following the Placing and the Allotment, the above figure of 353,978,489 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, LED under the Financial Service Authority's Disclosure and Transparency Rules.

**Ends**

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Notes to Editors:

LED International Holdings Limited and its subsidiaries specialise in the development, manufacture and sale of low powered / low maintenance LED screens and other LED products such as outdoor signs, lamps, lighting and building illumination. The screens are manufactured in a 'building block' format to a specific design, which allows screens to be assembled to suit a customer's size and definition specifications.

This design also ensures that the screens are relatively easy to transport and assemble. Based in Hong Kong, the Company's primary market has been the People's Republic of China ("PRC"), but it has also supplied end products to Macau, Japan and the USA. Part of the Company's strategy in 2007 was to widen its customer base to markets outside PRC.

The Company was originally listed on AIM, a market operated by the London Stock Exchange, on 23 October 2006. For more information, please visit: http://www.led-intl.com