CDC Corp. Class A Common (CDCAQ)

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Update on Bankruptcy Timeline

The Court has also set the following pertinent dates in the Chapter 11 proceeding. These dates represent the current timeline of the Chapter 11 proceeding but may be subject to change in the future:

March 1, 2012 - Deadline for the Company to file its Chapter 11 reorganization plan and the related disclosure statement, and for the filing of any competing Chapter 11 plans and disclosure statements;

March 20, 2012 – Hearing set for the approval of disclosure statements relating to proposed Chapter 11 plans; and

April 26, 2012 - Hearing to consider confirmation of proposed Chapter 11 plans and final hearing to consider approval of the Company’s 363 Sale Motion.