Private Placement Agreement with Kincora Copper

11 July 2012

Origo Partners PLC

 Private Placement of Convertible Notes Agreement with Kincora Copper

Origo Partners Plc ("Origo") is pleased to announce that it has agreed to participate in a private placement offering with Kincora Copper Limited ("Kincora" or the "Company") an existing Origo portfolio company. Origo will subscribe for up to $2.5 million of a three year convertible note (the "Convertible Note").

The Convertible Note is due and payable three years from the date of issuance (the "Maturity Date"), and has a 8.7 per cent yearly interest rate, calculated and paid annually by way of the issuance of common shares of Kincora priced at the time of issuance in accordance with the policies of the TSX Venture Exchange (the"TSX-V").

The Convertible Note is convertible into units ("Units") at any time after the date of issuance at a price of $0.25 per Unit. Each Unit is comprised of one common share of the Company and one share purchase warrant (a "Warrant"). Each Warrant is exercisable to purchase one common share at a price of $0.45 for a term ending at the Maturity Date.

The completion of the private placement offering is subject to the approval of the TSX-V.

In connection with the placement, Kincora has granted Origo certain pre‑emptive rights to acquire further equity securities in the Company. Origo is currently the largest shareholder of Kincora holding a 29.28 per cent equity stake.

Kincora intends to use the proceeds of the private placement for further development of the Company's mineral properties in Mongolia and for general working capital purposes.

For further information about Origo please visit www.origoplc.com or contact:

Notes to editors:

Origo Partners:

·; Origo is an AIM-listed private equity investor and strategic consultancy business which provides its shareholders with exposure to China-linked investment opportunities.

·; Based in Beijing, Origo has a significant portfolio of investments in a range of industrial sectors, including metals and mining, agriculture, renewable energy/clean tech and technology, telecom and media.

·; Origo invests directly in high growth Chinese companies as well as in companies based around the world with significant exposure to Chinese export markets.

·; Origo has a wholly-owned Mongolian subsidiary in Ulaanbaatar, providing corporate finance and advisory services to local investee and non-investee companies seeking to raise development funds and to assist portfolio companies in their development.

Kincora Copper

·; Kincora Copper Limited is a mining exploration and development company focused on copper-gold deposits in Mongolia. Its key assets are the Bronze Fox and Tourmaline Hills copper-gold properties located in southeast Mongolia along the Oyu Tolgoi copper belt.

·; The properties are located approximately 140km to the northeast of the world-class Oyu Tolgoi copper-gold project, and are 250km from the Chinese border.