Led International Holdings Regulatory News (LED)

LED International Holdings Limited

(the "Company")

Conversion of loan

The Board of the Company is pleased to announce that Mr. Jerry So has converted an outstanding debt of HK$6,156,120.13 (the "Loan") into 61,561,201 new ordinary shares of HK$0.10 each in the Company (the "Conversion Shares"). The conversion price was HK$0.10 (approximately 0.8 pence) and represented a 185 per cent. premium over the closing mid-price for the Company's shares on 16 January 2013, being the last day immediately before conversion took place.

Mr. So is the joint venture partner in Green Pearl Energy Conservation Holdings Limited ("Green Pearl"), in which the Company has a majority stake (60 per cent.). As previously announced, the Company had promoted the "Green Pearl" brand name in the domestic energy conservation market within the People's Republic of China (the "PRC"). Following the growing popularity of the energy management contract ("EMC") business model among the Company's customers, Green Pearl was formed to meet the demand for its energy saving solutions. After a series of restructuring exercises, Shenzhen Strongbase New Opto-Electronics Technology Company Limited became wholly-owned by Green Pearl and is now the entity through which the Company is pursuing its EMC business model in the PRC. Mr. So took an assignment of the Loan from Mr. Stephen Chan, the Company's Chief Executive Officer, on 15 January 2013 at book value.

Once issued the Conversion Shares will represent approximately 14.39 per cent of the then issued share capital and constitute the totality of Mr. So's interest in the Company. An application has been made for the Conversion Shares to be admitted to trading on AIM and it anticipated that they will be admitted to trading on 23 January 2013. Following the issue of the Conversion Shares the Company's issued share capital will be 427,799,468 ordinary shares of HK$0.10 each. This figure may be used by shareholders 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, the share capital of the Company.

Stephen Chan, Chief Executive Officer, commented: "We are extremely pleased to be able to report this loan conversion which has the dual benefit of ensuring the alignment of the Company's interests with those of one of our key joint venture partner, Mr. So, as well as strengthening the Company's balance sheet."

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Notes to Editors:

LED International Holdings Limited and its subsidiaries specialize in the provision of EMC contracts under which the Group installs energy saving products in its customers' premises, including lighting and reactance filtering equipment supplied by the Group, and the subsequent savings made by the customers in their electricity charges are then shared between the Group and the customers thereby enabling the Group to generate recurring revenue rather than one-off sales revenue. Historically, the Group's business has been the development, manufacture and sale of low-powered light-emitting diode ("LED") display screens and modules.

Under EMC contracts, the Group provides energy efficiency solutions, including LED lighting, reactance filtering energy saving and other energy efficiency solutions.Specifically, the Group overhauls its customers' existing lighting and power consumption systems (which are based on traditional lighting technology and power generation equipment) with proprietary LED lighting products, reactance filtering equipment and other solutions provided by the Group. These energy efficiency products are installed in customers' premises. The Group bears all the upfront costs associated with the supply and installation of the energy efficiency solutions and these costs are then recouped by sharing in the monthly energy savings generated by the customers' use of the energy efficiency solutions over the period of the contracts. The Group receives revenue from customers on several different payment terms including on a pre-payment, monthly or quarterly basis.

For more information, please visit: http://www.led-intl.com