JINJIANG, China, July 28 /PRNewswire-Asia-FirstCall/ — China Ceramics Co., Ltd. (OTC Bulletin Board: CCLTF, CCLWF, CCLUF) (“China Ceramics” or the “Company”), a leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings announced today that the Company has initiated an exchange offer (the “Offer”) pursuant to which holders of all 14,553,949 of the Company’s outstanding warrants (the “Warrants”) have the opportunity to acquire the Company’s shares (the “Shares”) through a warrant for share exchange. The Company will issue one share for every four warrants tendered.
The Offer will continue for a period of twenty (20) business days from the date of this release and will expire on Tuesday, August 24, 2010, at 5:00 p.m., Eastern Time, or for such additional time as is required under applicable law.
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