AIM - Sch 1 Update-Sweet China plc

RNS Number:8573P
AIM
11 March 2008

ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR
COMPANIES ("AIM RULES")

COMPANY NAME:

Sweet China plc

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) :

6 Newburgh Street, London, W1F 7RQ

COUNTRY OF INCORPORATION:

England and Wales

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:

www.sweetchinaplc.com

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS
INVESTING STRATEGY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE
STATED:

Sweet China was initially admitted to AIM on 31 March 2005, in order to acquire companies or businesses, or
interests in companies or businesses, operating in the manufacturing and marketing of products in the
confectionary and gift food markets, primarily focused on mainland China and Hong Kong, which the Board believes
have the prospect of delivering high returns and significant capital growth to Shareholders. The Directors
believe that in order to fulfil its strategy, Sweet China requires a reinstatement of its quotation on AIM,
following the cancellation of trading in its shares on 30 May 2006.

Sweet China has conditionally agreed to acquire the entire issued share capital of Essential Box Confectionery
Limited (''EBC'').

The Directors further believe that the Acquisition is not only an important first step towards achieving this
strategy, but is one which will provide a commercial platform working base for other acquisitions and developments
already under negotiation and in the future.

EBC is a UK holding company for the Essential Box Hong Kong Limited ("EBHK"), its Hong Kong incorporated, wholly
owned subsidiary. EBHK commenced trading in February 2003 and designs, currently manufactures (by way of
subcontracted operations in China) and sells confectionery and related products into approximately nine countries
worldwide. EBHK's primary markets are Australia, North America and the UK.

The EBC Group owns three main brand names, Jessica Walker, Lings and Candycraft. The Jessica Walker brand was
launched in Australia in Spring 2005 and has a range of hand finished chocolates. The Lings brand, has
traditionally been associated with Turkish Delight and other traditional confectionery and has existed since 1922.
Candycraft is involved in the production of novelty confectionery items including jelly bean dispenser products

DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES (i.e. where
known, number and type of shares, nominal value and issue price to which it seeks admission and the number and
type to be held as treasury shares):

88,764,767 ordinary shares of £0.01 each

CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:

£2.7 million to be raised on admission
£8 million market capitalisation

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

54.84%

DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM SECURITIES (OR OTHER SECURITIES OF THE COMPANY)
ARE OR WILL BE ADMITTED OR TRADED:

n/a

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known or
including any other name by which each is known):

David Zulman, Non-Executive Chairman
Martin Frost, Executive Deputy Chairman
Christopher Cleverly, Chief Executive
Sun Xiao (Tom Sun), Non-Executive Director
John Gleave, Finance Director

FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE
AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each
is known):
Before Admission After Admission

Robert Walker 33.11% TBC
Ian Walker 1.85% TBC
James Capel (Nominees)
Limited 6.62% TBC
Shyde Investments Limited 16.56% TBC
Ciaran McGerrick 3.31% TBC
Himanshukumar Shah 3.84% TBC
OMX Securities Nominees
Limited 3.31% TBC
Christopher Cleverly 36.82% TBC
Darlington Portfolio
Nominees Limited 7.54% TBC

Bank of New York Nominees nil TBC
(Hitchens) TBC
(Odyssean Investments) TBC

David Zulman 0.08% TBC
Martin Frost nil TBC
John Gleave nil TBC

NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:
n/a

(i) ANTICIPATED ACCOUNTING REFERENCE DATE

(ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED

(iii)DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:
(i) 30 April
(ii) 30 April 2007
(iii) 5 March 2008 (interims to 31 October 2007), 31 October 2008 (finals to 30 April 2008), 31 January 2009
(interims to 31 October 2008)

EXPECTED ADMISSION DATE:

19 March 2008

NAME AND ADDRESS OF NOMINATED ADVISER:

Zimmerman Adams International Limited
12 Camomile Street
London
EC3A 7PT

NAME AND ADDRESS OF BROKER:

Zimmerman Adams International Limited
12 Camomile Street
London
EC3A 7PT

OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT
WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION
OF ITS SECURITIES:

Reed Smith Richards Butler LLP
Minerva House
5 Montague Close
London SE1 9BB

DATE OF NOTIFICATION:

11 March 2008

NEW/ UPDATE:

UPDATE

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