February 13, 2012

will establish a water treatment company as an overseas affiliate in Shanghai

Purpose of Establishment
The SHI Group will establish an overseas affiliate for the purpose of leveraging its equipment sales to enter the water treatment business in China
and will seek to expand sales and service by having a local base

Profile of New Company
(1) [Company Name]
풀 카지노vy Industries Environment (Shanghai) Co
(2) [Location]
Shanghai, China
(3) [Business Activities]
Sell and service of water treatment equipment
(4) [Capital]
USD1,100,000
(5) [Main Investor]
풀 카지노vy Industries Group (100%)

3. Future Outlook
The impact on current year business results (ending March 2012) as a result of the establishment of this new entity is expected to be minimal