Johnson Electric Holdings Limited Share Repurchase Programme Update

HONG KONG--(BUSINESS WIRE)-- Johnson Electric Holdings Limited (“Johnson Electric”) (SEHK:179) (Incorporated in Bermuda with limited liability), a global leader in motion systems and micromotors, announces that between 17th August and 21st October 2011 a total of 55,194,500 shares of the Company (the “Shares”) have been repurchased by the Company at an average price of HK$4.04 per share. Shares repurchased by the Company under this programme are to be cancelled.

The Shares have been repurchased under the general mandate approved and given to the Board of Directors by shareholders at the Company’s Annual General Meeting held on 20th July 2011. As of the date of this announcement, the total number of Shares repurchased under the general mandate amount to approximately 1.50% of the aggregate number of shares in issue.

“Share repurchases are a constructive element in the prudent management of the Company’s overall capital structure and in enhancing returns to shareholders over time,” said Jeffrey Obermayer, Johnson Electric’s chief financial officer. “Such repurchases will be dependent on market conditions and funding arrangements at the time,” he added.

The Company is today commencing its black out period for share repurchases ahead of the publication of its half-year report scheduled for 24th November 2011. No repurchases of Shares by the Company will take place during this black out period.

About Johnson Electric Group

The Johnson Electric Group is a global leader in motion products, control systems and flexible interconnects. It serves a broad range of industries including automotive, home technologies, domestic appliances, power tools, office products, industrial equipment, consumer goods, medical devices and infrastructure automation. The Group is headquartered in Hong Kong and the total global headcount including contract employees now stands at over 44,000 individuals in over 23 countries. Innovation and product design centres are located in Hong Kong, China, Switzerland, Germany, Italy, Israel, Japan, the UK and the USA. Johnson Electric Holdings Limited is listed on the Hong Kong Stock Exchange (code 179). For further information, please visit: www.johnsonelectric.com.

Hew & AssociatesCT Hew, (852) 2522 7928Mobile: (852) 9132 8828Fax: (852) 2522 7918[email protected]Maggie Chan, (852) 2522 7928Mobile: (852) 9098 4210Fax: (852) 2522 7918[email protected]

Source: Johnson Electric Holdings Limited