TIDMGLL

RNS Number : 0947Y

GuocoLeisure Limited

16 December 2010

GRANT OF EMPLOYEE SHARE OPTIONS PURSUANT TO THE GUOCOLEISURE LIMITED EXECUTIVES' SHARE OPTION SCHEME 2008

Pursuant to Rule 704(27) of the Listing Manual of the Singapore Exchange Securities Trading Limited, GuocoLeisure Limited ("Company") wishes to announce the grant of share options pursuant to the GuocoLeisure Limited Executives' Share Option Scheme 2008. The details of the grant are set out below:

1. Date of grant: 16 December 2010

2. Exercise price of options granted: S$0.713

The exercise price is equal to the 5-day weighted average market price of the Company's shares immediately prior to the date of grant.

3. Number of options granted: 5,300,000

4. Market price of the Company's shares on the date of grant (weighted average market price): S$0.7149

5. Number of options granted to directors and controlling shareholders (and their associates), if any:

5,000,000 options were granted to the Group Chief Executive Officer who is also a Director of the Company. No options were granted to controlling shareholders and their associates.

6. Validity period of the options:

The options will have a validity period commencing from the date of grant on 16 December 2010 and expiring on 16 March 2014. Each tranche of shares underlying the options granted will be exercisable for periods of between 3 to 6 months from the respective dates of vesting, with the last tranche of shares underlying the options having a validity period which expires on 16 March 2014.

By Order of the Board

Seok Hui Blackwell

Group Company Secretary

16 December 2010

Click on, or paste the following link into your web browser, to view the associated PDF document.

http://www.rns-pdf.londonstockexchange.com/rns/0947Y_-2010-12-16.pdf

This information is provided by RNS

The company news service from the London Stock Exchange

END

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