LHKX PLC concludes deal to acquire the IAX Illiquid Assets Exchange Plc business.

London, 2ndFebruary 2011.

London Hong Kong Exchange Plc (“LHKX PLC”) announces that it has concluded a deal for LHKX PLC to acquire the UK Company Illiquid Assets Exchange Plc (“IAX”).

The acquisition of the IAX business follows on from the partnership agreement signed between LHKX PLC and IAX on 9th November 2010 to co-brand the IAX platform and integrate it as an additional product and service through the LHKX Platform.

http://www.iaxplc.com.

The IAX business vision is to develop, promote and operate an industry-standard solution to enable professional investors to trade in a wide range of illiquid assets in a single centralized marketplace, providing an exit route for investments which are currently unsupported by a vibrant secondary market, including ⁻ Private equity funding ⁻ Debt and equity instruments ⁻ Private equity shareholdings ⁻ Corporate finance transactions ⁻ Real estate transactions ⁻ Real estate funding ⁻ Mineral resource reserves ⁻ Commodities The marketplace currently in EMEA for the purchase and sale of illiquid assets is characterized by huge inefficiencies.

A number of trading facilities exist for specific classes of illiquid assets, in particular private equity shareholdings.

However, currently there are many asset classes for which there remains no transparent secondary market.

In addition, there is a lack of a centralized market place where a wide community of participants can access a broad portfolio of opportunities in different asset classes.

The LHKX management believes that there is a significant opportunity to develop and operate a comprehensive internet-based platform to enable professional investors across Europe to trade in a full range of illiquid assets in a centralized marketplace.

The management judge that even though competition exists in certain of IAX’s business areas, there is no directly comparable player in IAX’s market landscape, due to the integrated approach combined with the comprehensive nature of the IAX offering.

LHKX PLC CEO Mr Wayne Lochner said “IAX operates in a market that is being completely redefined.

The LHKX team aims to deliver an efficient, effective, and profitable proposition in what has to be the most vibrant financial market in these challenging times – Illiquid Assets.” About LHKX PLC: London Hong Kong Exchange Plc (“LHKX”) is a UK domiciled holding company for a group of companies active in provision of innovative financial services and products to empower the qualified investor.

LHKX’s strategy is to give the investor control over their investments.

http://www.lhkx.com For further queries please contact: LONDON HONG KONG EXCHANGE PLC 37th Floor One Canada Square Canary Wharf London E14 5AA United Kingdom Tel: +44 20 7 193 3853 Email: The information in this press release constitutes "forward-looking information".

Other than statements of historical fact, all statements are "Forward-Looking Statements» that involve such various known and unknown risks, uncertainties and other factors.

There can be no assurance that such statements will prove accurate.

Results and future events could differ materially from those anticipated in such statements.

Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements".

Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
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