EBT Ebt Mobile

RNS Number:0155V
EBT Mobile China PLC
17 April 2007



For immediate release                                             April 17, 2007


                              EBT MOBILE CHINA PLC
                        ("EBT Mobile" or the "Company")

                             NEW OPTION SCHEME and
                              SPECIAL OPTION GRANT

EBT Mobile, a leading China-based retail chain selling mobile phones and related
products and services, announces that it has established a new share option
scheme (the EBT Mobile China plc Share Option Scheme) with a pool of up to four
million of the Company's ordinary shares. The Board of Directors has
responsibility for supervising the scheme and the grant of options under its
terms.

Under the scheme, the options vest in 3 equal tranches, on 1 March 2008, 1 March
2009 and 1 March 2010 and are performance based, requiring the Company's share
price to increase over pre-set targets with the first target being #0.36. The
option allows for a share price increase hurdle which is missed on an annual
vesting date to be satisfied at a later date. The exercise price of each
ordinary share under the option is its nominal value of #0.001.

In addition to the EBT Mobile China plc Share Option Scheme, the Company has
today made a special grant of an option over 1 million shares to Stephen
Davidson, a non-executive director of the Company. The option vests in 3 equal
tranches annually over a period of 3 years commencing on the date Mr. Davidson
joined the Company's Board and is performance based, requiring the Company's
share price to increase over pre-set targets based upon the Company's share
price when Mr. Davidson joined the Board, with the first target being #0.30. The
option allows for a share price increase hurdle which is missed on an annual
vesting date to be satisfied at a later date. The exercise price of each
ordinary share under option is its nominal value of #0.001.

For more information contact:


Terry Garrett/ Stephanie Badjonat/ John Moriarty
Weber Shandwick Financial                                          0207 067 0700

Aubrey Powell/ Giles Stewart
Panmure Gordon (Broking) Limited                                   020 7459 3600


About EBT Mobile China plc

EBT Mobile China plc is a leading Chinese mobile phone and wireless services
retail chain selling mobile phones, airtime, and other wireless products and
services. Headquartered in Shanghai, as at 15 April 2007, EBT Mobile had 239
stores in 22 cities, including Shanghai, Suzhou, Nanjing, Hangzhou, Ningbo and
Wuhan. Its mission is to become the leading "end to end" multi-platform retailer
of wireless products and services in China, the world's largest market for
mobile phones and wireless applications and content. Working with leading
industry partners such as China Mobile, Nokia, Motorola, Carrefour, Metro,
Auchan and Lotus, EBT Mobile focuses on superior product offerings, convenience
and service, as well as objective advice and outstanding customer support.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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