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KINGBOARD CHEMICAL HOLDINGS LIMITED
Five-Year Syndicated Term Loan and Revolving Credit Facility
Signed on 1 April 2011

Hong Kong, April 3, 2011 - Kingboard Chemical Holdings Limited (HKEx: 148) signed an agreement on 1 April 2011 in connection with a HK$4,800 million 5-year term loan and revolving credit facility (the “Facility”). Following the strong reception from banks, the Facility was oversubscribed and increased from the original HK$4,000 million to HK$4,800 million. The Facility was over-subscribed to over HK$5,000 million during general syndication.

The Facility was fully underwritten by the 3 Mandated Lead Arrangers and Bookrunners, including Citigroup Global Markets Asia Limited, The Hongkong and Shanghai Banking Corporation Limited, and Standard Chartered Bank (Hong Kong) Limited. In addition to the 3 Mandated Lead Arrangers and Bookrunners, the Facility was contributed by 18 other international and major banks including 4 Mandated Lead Arrangers comprising: Australia and New Zealand Banking Group Limited, The Bank of Tokyo-Mitsubishi UFJ, Ltd., Hong Kong Branch, Sumitomo Mitsui Banking Corporation, and United Overseas Bank Limited; 3 Arrangers: Fubon Bank (Hong Kong) Limited, Oversea-Chinese Banking Corporation Limited, Hong Kong Branch, and Taiwan Cooperative Bank, Ltd., Hong Kong Branch; 11 Senior Managers: Bank of Taiwan, Hong Kong Branch, Chinatrust Commercial Bank, Ltd., Hua Nan Commercial Bank, Ltd., Hong Kong Branch, The Bank of East Asia, Limited, Cathay United Bank Company, Limited, Hong Kong Branch, Chang Hwa Commercial Bank, Ltd., Hong Kong Branch, E.Sun Commercial Bank, Ltd., Hong Kong Branch, Land Bank of Taiwan Co., Ltd., Hong Kong Branch, Mega International Commercial Bank Co., Ltd., Hong Kong Branch, Tai Fung Bank Limited, and Taiwan Business Bank Hong Kong Branch.

The Facility has a maturity of 5 years, and the proceeds of the Term Facility and Revolving Facility will be used for the purpose of refinancing the Borrower’s existing indebtedness and financing the general corporate requirements of the Group.

Mr. Paul Cheung Kwok Wing, Chairman of the Group, said: “We are much encouraged by the strong response of banks in the syndication, which indicates the banking community’s full confidence in our sustained business success and growth potential.”

About Kingboard Chemical
Kingboard Chemical Holdings Limited (HKEx: 148) is a global leader in laminates and printed circuit boards as well as a major chemical supplier in China. The Group’s core manufacturing capability comprises an integrated network of more than 60 plants in China. The Kingboard Group of companies also includes Kingboard Laminates Holdings Limited (HKEx: 1888), Kingboard Copper Foil Holdings Limited (listed on the Singapore Exchange) and Elec & Eltek International Company Limited (listed on the Singapore Exchange).

Issued by :
Kingboard Chemical Holdings Limited

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