RHM.L Regulatory News (RHM)

Resource Holding Management Limited

("RHM" or the "Company")

Cancellation of negotiations over Equity Line Facility

The board of RHM (AIM:RHM), a leading media, advertising and marketing business with distribution channels in Malaysia and China, announces that the Company has decided not to proceed with putting in place an equity line facility ("ELF") with Dutchess Opportunity Cayman Fund, Ltd ("Dutchess"), for which a non-binding term sheet was signed by both parties and announced by RHM on 10 May 2012. Terms were not agreed between the board of RHM and Dutchess. The Company has decided not to proceed with the ELF because it does not deem the ELF to be suitable for the Company at the current stage of its development.

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