TIANCHENG INTERNATIONAL JEWELLERY AND JADEITE AUTUMN AUCTION 2013 TO TAKE PLACE ON 8 DECEMBER

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Press Release Hong Kong HONG KONG Benedict Tsang +852 2150 0764 benedict.tsang@tianchengauction.com SHANGHAI Caroline Chen +86 21 5153 1511 caroline.chen@tianchengauction.com For Immediate Release TIANCHENG INTERNATIONAL JEWELLERY AND JADEITE AUTUMN AUCTION 2013 TO TAKE PLACE ON 8 DECEMBER Highlighting Superb Jadeite led by a Very Exceptional Natural Jadeite Fortune Melon Pendant, Artistic and Versatile Design Jewellery, 10+ Sets of Jadeite Bangles & 60+ high-calibre no-reserve lots (Left) Natural Lavender Jadeite 'Baby Buddha' and Shell Bead Pendent Necklace, by Wang Junyi (Est. HK$ 800,000 1,200,000/ US$ 105,000 155,000) (Right) Exceptional Natural Jadeite Laughing Buddha, White Jade, Tsavorite Garnet and Yellow Diamond Pendant, by Wallace Chan (Est. HK$ 3,600,000 4,600,000/ US$ 465,000 595,000) Preview Auction 22 28 Nov 5 7 Dec 8 Dec

HONG KONG, 12 November 2013 Tiancheng International Jewellery and Jadeite Autumn Auction 2013 will be held on 8 December at Tiancheng s Headquarters, 30/F, Bank of China Tower, Central, Hong Kong. The auction will showcase a spread of finest jewellery and jadeite from East to West, including other highly sought-after exquisite items, such as superb jadeite led by a Very Exceptional Natural Jadeite Fortune Melon Pendant, artistic and versatile design jewellery, pigeon s blood rubies, Kashmiri sapphires, Columbian emeralds, exceptional but attractively-priced diamonds, and so on. The current autumn sale will present more than 280 magnificent jewellery items, totalling approximately HK$400,000,000/US$51,000,000*. Ellen Sin, Director of Tiancheng International s Jewellery Department, remarked: In our upcoming autumn auction 2013, we will be catering our line of the finest jewellery and jadeite to different market levels. Top quality jadeite has been evidently in good demand in recent years. Take Tiancheng s auctions as example, a Rare Jadiete Necklace of Twenty-three Beads fetched HK$ 106.2 million in autumn 2012, establishing the new world auction record price for a piece of jadeite jewellery. Likewise in spring auction earlier this year, a pair of natural jadeite bangles also sold for a breathtaking price of HK$ 53.7million. Considering such a robust market and avid demand, Tiancheng International continues to present a collection of top quality jadeite this season. Artistic jadeite, most notably led by the Buddha pendants by two Chinese jadeite sculpting masters - Wallace Chan and Wang Junyi will also be proudly showcased, alongside more than 10 sets of (a total of 20 pieces) jadeite bangles spanning from no-reserve to the finest kind. This is set to be a jadeite feast to the collector. As for western jewellery, we are also pleased to bring a vast array of gemstones and diamonds hailing from the most renowned origins, amongst them are Burmese and Mozambican pigeon s blood rubies, Kashmiri and Burmese sapphires, Columbian emeralds and many more. It shall also be highlighted that our autumn sale will present more than 60 no reserve lots of fine jewels and jadeite, which will come with highly attractive estimates and high standard that is assured by our professional team. We are positive that this autumn with Tiancheng will be a marvelous opportunity for jewellery connoisseurs. Top Quality Jadeite SPLENDID JADEITE A shining spot of Tiancheng s jewellery sale, this section will proudly present a Very Exceptional Natural Jadeite Fortune Melon Pendant (Est: HK$ 25,000,000 35,000,000/ US$3,250,000 4,550,000). Fashioned as a succulent melon, the jadeite radiates a saturated green hue within a sturdy thickness symbolising the fullness of fortune and fertility. The jadeite remains highly translucent despite its thickness, whereas the texture is mesmerisingly fine - a true embodiment of jadeite excellence. 2

Artistic Jadeite Design jadeite jewellery has also been a popular category of the auction. This autumn, Tiancheng International is pleased to offer masterpieces of Southern and Northern school of jadeite design, including a recent work by renowned Chinese jadeite sculptor Wang Junyi, as well as a masterpiece by Wallace Chan, who is famously crowned as the Chinese pride in jadeite community. In his Exceptional Natural Jadeite Laughing Buddha, White Jade, Tsavorite Garnet and Yellow Diamond Pendant (Est. HK$ 3,600,000 4,600,000/ US$ 465,000 595,000), Chan continues his unique and innovative representation of the object s essence through carving of the form, perfectly combining the inner and the outer into a flawless artistic masterpiece. The warmth and gentility of jadeite and white jadeite are beautifully set against glistening yellow diamonds, completing the glorious moment of the laughing Buddha. The piece is complemented by a white jade, jadeite and canary diamond necklace, which is also designed by Chan. In Wang Junyi s Natural Lavender Jadeite 'Baby Buddha' and Shell Bead Pendent Necklace (Est. HK$ 800,000 1,200,000/ US$ 105,000 155,000), the artist strictly adheres to the Buddhist traditional ratio of Buddha portrayal to deliver his utterly breathtaking sculpting artistry. Imbued with solemnity and harmony, the current masterpiece allows people to connect to the Buddha s image. Both pieces are autographed by the artists themselves and will hopefully bring colourful sparks to the auction floor this autumn. Top Glassy Jadeite Continuing the success of glassy colourless jadeite from last season, Tiancheng International will present An Exceptional Natural Glassy Jadeite Dragon Ornament/Pendant (Est. HK$ 3,500,000 4,200,000/ US$ 452,000 545,000) this autumn. The glassy jadeite of exceptional translucency is crowned with an intricately and vividly carved dragon gazing at a mouse. In ancient Chinese calendar, mouse represents the notion zi in the sexagenary cycle, which also means son in daily language. The current piece with dragon gazing at the mouse hence manifests the Chinese aspiration of the son becoming a powerful dragon. Mystically suffused by pastel lavender patches and serendipitously accented with green dots, this profound treasure emanates a unique aura with its soulful presence. 3

Design Jadeite with Versatility A perfect combination of artistic design and versatile functionality belongs to a Natural Lavender Jadeite Bead, Jadeite and Gem-set Tulip Necklace, by Alessio Boschi (Est. HK$ 2,600,000 3,600,000/ US$ 330,000 465,000), which exudes femininity through its saturated lavender purple hue, and further complemented by a classic tulip motif symbolising elegance and timelessness. The necklace of 24 beads can be worn separately as a bracelet and as a necklace, whilst the purple tulip is detachable as a stunning brooch as well perfect for both collection and daily wearing. Jadeite Bangles In the past, jadeite bangles played a crucial part for the fairer sex s wrist accessories. The loop shape of jadeite bangles represents the union of heaven and man, symbolising the auspicious completeness and harmony of life, as well as bringing fortune to the wearer. This autumn, Tiancheng International is presenting more than 10 lots (20 pieces) of jadeite bangle items, spanning from the affordable no-reserve lots to the most precious supreme treasures, and colourfully from green, red and lavender jadeite to colourless jadeite a sumptuous jadeite bangle feast to collectors. Hailing from Burma, this Old-Mine Natural Glassy Jadeite Bangle and Matching Jadeite Bead Necklace (Est. HK$ 18,000,000 26,000,000/ US$ 2,350,000 3,350,000) is crafted with one single old-mine glassy jadeite raw stone. Jadeite jewellery made with a single raw stone is the embodiment of unparalleled importance, since the demand for the stone s mass, quality, and consistency is significantly stringent. The current suite of necklace and bangle is a prime role model of such jadeite supremacy, of which the colour and texture are bewitchingly consistent, and each bead of the necklace rich, clear and sensationally luxuriant. STUNNING GEMSTONES AND DIAMONDS Pigeon s blood Rubies The Valley of Mogok in Burma is indisputably a highly preferred origin of rubies. Given its diminishing mine and hence dwindling quality, high-calibre rubies from Mogok are becoming an increasingly rare treasure. Most Burmese rubies in the market have undergone thermal enhancement, leaving unheated rubies a natural scarcity, particularly those weighing more than 6 carats. 4

The current Exceptional 10.16 Carats Natural Unheated Burmese (Mogok) Pigeon s Blood Ruby and Diamond Ring (Est. HK$ 9,000,000 12,000,000/ US$ 1,170,000 1,550,000) promises to be a dream gem for ruby lovers. Mined from Mogok of Burma and flanked by white diamonds, this fiery beauty exudes the most preferred pigeon s blood colour the perfect embodiment of rarity and refinement. On the other hand in East Africa, a new source of unheated pigeon s blood rubies in Mozambique was discovered. An astonishing trait of Mozambican rubies is their lack of eye visible characteristic inclusion; and therefore they have massive potential on the market nowadays. This Exceptional 20.09 Carats Cushion-shaped Natural Unheated Mozambique Pigeon s Blood Ruby and Diamond Ring (Est. HK$ 13,500,000 16,000,000/ US$ 1,750,000 1,950,000) is stunningly enormous and radiates the most preferable pigeon s blood colour. With its unheated status and high clarity, this sizable fiery gem flanked with 3.18 and 3.11 carat diamonds of VVS1 clarity glows with utter brilliance and flamboyance. A total of eight Burmese and Mozambican ruby jewellery will be on offer this autumn, as their opulent red hue mesmerizes every collector in the auction. Kashmiri Sapphires This Very Rare 5.40 Carats Oval-shaped Natural Kashmiri Colour-Changing Sapphire and Diamond Ring (Est. HK$ 1,000,000 1,500,000/ US$ 130,000 190,000) features a sizable 5.40-carat Kashmiri sapphire without thermal treatment, radiating a bewitching and richly-saturated blue tone. Whereas Kashmiri sapphires are famously crowned as the best type of sapphires, the current gemstone shines even brighter with its rare colour-changing phenomenon. The blue hue under sunlight sharply segues into a purple tone when put under incandescent light, rendering it a head-turning prize to gemstone connoisseurs. Columbian Emeralds A Very Fine 17.87 Carats Natural Columbian (Muzo) Emerald and Diamond Ring (Est. HK$ 6,000,000 7,200,000/ US$ 780,000 925,000) represents the refined emerald line-up of this autumn. Without indication of clarity enhancement, the sizable centre stone is set to catch everyone s attention with its deep and captivating green glow. Flanked with white diamonds, this ring is a resplendent green beauty. 5

Brilliant Diamonds Coloured diamond jewellery on offer span from necklaces and rings to earrings, of diamonds large and small. Some of which are even of internally flawless clarity, with dazzling colours ranging from fancy, fancy vivid to fancy intense. This current pair of Important 8.06 and 8.00 Carats Natural Fancy Intense Yellow Diamond and Diamond Pendent Earrings (Est. HK$ 3,700,000 4,500,000/ US$ 480,000 580,000) of VVS2 and VS1 clarity has a convertible design that can be elegantly worn as earrings, or a pendant and a ring - a versatile grace for any occasions or events. Fashioned in a timeless glamorous design, the classic pair of Important Fancy Intense Yellow Diamond, Fancy Yellow Diamond and Diamond Pendent Earrings (Est. HK$ 2,200,000 2,800,000/ US$ 285,000 360,000) comprises a total of six round brilliant and modified-brilliant yellow diamonds and white diamonds, weighing a total of 5.96 and 5.71 carats respectively. The two larger stones dazzle with the most-preferred internally flawless clarity, one of which weighing 3.30 carats is even coupled with an enthralling fancy intense yellow hue. This pair of wearable shining glory promises to bring further sparkles to the auction. White diamonds on offer include an Exceptional 10.66 Carats D-colour Internally Flawless Type IIa Triple Excellent (Excellent Cut, Polish and Symmetry) Unmounted Brilliant-Cut Diamond. (Far left. Est. HK$ 16,000,000-19,000,000/ US$ 2,100,000-2,500,000), as well as other attractively-priced items, such as a 3.39 Carats G-colour VVS1-clarity Emerald-cut Diamond Ring (2 nd left. Est. HK$ 550,000-650,000/ US$71,000-84,000), A 5.01 Carats F-colour VS2-clarity Unmounted Brilliant-cut Diamond (2 nd right. Est. HK$ 1,150,000-1,500,000/ US$150,000-190,000) and a 3.01 Carats F-colour VS1-clarity Unmounted Brilliant-cut Diamond (Far right. Est. HK$ 520,000-700,000/ US$68,000-91,000) 6

Lustrous Pearls Natural pearls are a rarity thanks to the fact that only one in ten thousand saltwater oysters produce them, with even fewer of which are of true gem standard for jewellery. Pearls as such have been holding a unique presence among the wealthy, the powerful, and the royal throughout history. On offer in this section, we have included pearls of different forms such as brooch, ring, necklace, bracelet and so on, catering to the varied refined tastes of pearl lovers. A Five-stranded Natural White Pearl and Diamond Necklace (Est. HK$ 450,000 650,000/ US$ 59,000 84,000) represents the grace of femininity cherished for centuries. Composed of five strands of a total of 726 graduated natural pearls perfectly arranged by size, the necklace of fine lustre is tastefully joined to a clasp carved in a complementary floral motif, exuding an alluring air of sophistication. For those who prefer whimsical design, a Rare Natural Pearl, And Gem-set Tree Frog Brooch (Est. HK$ 220,000 300,000/ US$ 28,500 38,500) is set to delight. The frog with a brilliant emerald body and sharp ruby eyes rests upon a natural baroque-shaped natural pearl, among reeds beautifully studded with white diamond droplets. This current piece captures the anticipated moment of a frog about to take an eager leap. South Sea Cultured Pearls, Diamond and Gem-set Ganesh Ornament, by Buzzanca (Est. HK$270,000 350,000/ US$ 35,000 46,000) is another notable piece with whimsical design. The reclining elephant god is a Hindu deity symbolising wisdom and the remover of obstacles. Embellished splendidly in white diamonds and orange sapphires, the body, comprising 6 pieces of South-Sea pearls measuring 21.4 to 12mm, possesses a luminous sheen that seemingly glorifies the pious being, as its mount a mouse attends closely and eagerly to its feet and creates a representative religious scenario. 7

No Reserve Jewellery Tiancheng International is pleased to offer a dazzling array of 60+ no-reserve lots this autumn, spanning from fine icy, green and red jadeite, exquisite coloured gemstones to diamonds and splendid jadeite Chinese chess set we make refined jewellery more affordable than ever. 1.50 Carats Natural Brown Diamond and Diamond Ring Est, HK$ 25,000 36,000 / US$ 3,300 4,600 Natural Jadeite Ruyi and Diamond Pendant Est. HK$ 120,000 180,000 / US$ 15,500 23,500 Diamond Ear Clips Est. HK$ 25,000 35,000 / US$ 3,300 4,500 Two Natural Jadeite Buddha and Diamond Pendants Est, HK$ 100,000 150,000 / US$ 13,000 19,500 Natural Jadeite Ruyi, Glassy Jadeite and Gemset Pendant Est. HK$ 80,000 120,000 / US$ 10,500 15,500 1.85 Carats Natural Unheated Sapphire And Diamond Ring Est. HK$ 30,000 45,000 / US$ 3,900 5,900 Natural Jadeite and Diamond Pendent Necklace and Ring Est. HK$ 80,000 120,000 / US$ 10,500 15,500 Natural Icy Jadeite, Red Jadeite And Diamond Ring And Matching Bracelet Est. HK$ 40,000 60,000 / US$ 5,200 7,800 *Estimates do not include buyer s premium Press releases and hi-res images can be downloaded via: ftp://ftp.tianchengauction.com/pr%20general/autumn%202013/jwl Username:TCPR1 Password: tianchengpr 8

Notes to Editors Tiancheng International Autumn Auctions 2013 Calendar Category Auction Date Auction Time Preview Date Preview Time Venue Fine Chinese Paintings 25Nov (Mon) 3pm 22-24Nov Modern and Contemporary Art 25Nov (Mon) 4pm 22-24Nov Jewellery and Jadeite 8Dec (Sun) 3pm 22-28Nov 5-7Dec 10am to 6pm Tiancheng International s Office Headquarters 30/F Bank of China Tower, 1 Garden Road, Central, Hong Kong ABOUT TIANCHENG INTERNATIONAL Founded in January 2011, Tiancheng International is a newly established auction house led by a visionary management group and an illustrious team of experts with extensive experience in the international auction business. With solid understanding of the cultural requirements of clients and broad vision to the art world, the team aims to explore new frontiers in the Asian auction market. With its head office in Hong Kong, Tiancheng International also has branch office in Shanghai. For more details about Tiancheng International Autumn Auctions 2013 Website: www.tianchengauction.com : www.facebook.com/tianchenginternational : weibo.com/tianchengintl 9