Silver Base Group Holdings Limited (“Silver Base” or the “Group”, stock code:886)is pleased to announce that its subsidiary Silver Base Trading and Development (Shenzhen) Co., Limited (Shenzhen Silver Base Trading) has renewed the Wuliangye 45% Distribution Agreement with Yibin Wuliangye Liquor Sales Co., Ltd. (“Wuliangye Yibin”) on 23 March 2012.

Pursuant to the Wuliangye 45% Distribution Agreement, Shenzhen Silver Base Trading has been appointed as the PRC distributor of Wuliangye 45% (alcoholic degree), for a term of 5 years commencing from 23 March 2012 to 22 March 2017.

Mr. Liang Guoxing, Chairman of Silver Base Group said, “The contract renewal with Wuliangye Yibin not only demonstrates the recognition and affirmation of the Group’s capability in sales and distribution on Wuliangye, but also reflects the ever closer cooperation relationship between Silver Baseand other partners of the distribution chain. We will continue to strengthen our product line as well as maintain a strategic partnership with our suppliers going forward.”

About the Silver Base Group Holdings Limited

Silver Base is a leading high-end liquor and cigarette operator in the PRC. With its devoted efforts in the last decade, the Group has developed a well-established distribution network with excellent channel management in the PRC and overseas. It has been the largest distributor for Wuliangye in the worldwide market since 2000. It also has the worldwide exclusive distribution rights of Yongfu Jiangjiu, the distribution rights in the PRC for National Cellar 1573 (with 43% alcohol content) and has the distribution rights of Guizhou Yaxi Jiao and worldwide exclusive distribution rights of 40-year Qinghua Fen Wine with 55% alcohol content and Classic Guocang Fen Wine with 55% alcohol content of Shanxi Xinghuacun Fen Wine. The Group also offers different labels of premium and fine wines from overseas countries, including different Chinese cigarettes brands.