King Tech International Limited - Allotment of Shares and Holdings in the Company

King Tech today announces that on 8 July 2009 it allotted 3,663,248 shares of no par value in the capital of Company, which are of the same class as those shares already issued, ("Shares") on conversion of principle and interest in full for Convertible Debenture Series "A" to Octavian Growth LP ("Octavian"). The Company has also allotted 1,761,781 Shares on conversion of principle and interest in full for Convertible Debenture Series "B" to Mr. Douglas John Wright.

Phoenician Corporation IV Limited ("PIV") exercised the Option to subscribe for 4,833,333 Shares at 3 pence each Share on 30 June 2009.

As a result of this allotment, Octavian's holding of Shares in the capital of the Company has increased from 1,825,570 (3.57%) to 5,488,818 (8.96%). Mr. Douglas John Wright's holding of Shares in the capital of the Company has increased from 712,282 (1.40%) to 2,474,063 (4.03%). PIV's holdings of Shares in the capital of the Company has increased from 1,666,666 (3.27%) to 6,499,999 (10.61%).

Following the transaction, the issued share capital of the Company has increased to 61,286,015 Shares.

For further information, please contact:

Paul Lee, King Tech International Limited: +852 2545 4502

Stephen Clow, DMH Stallard LLP: +44 (0)20 7822 1510