SQG Spackman Equities Group Inc

Spackman Equities Group Inc. ("SEGI") (TSX VENTURE:SQG) announced today that it
has entered into a Share Sale and Purchase Agreement to sell all 1,791,667
shares, or 17.916%, of its ownership in Intech LCD Group Limited ("Intech"), a
China-based developer and manufacturer of flat panel displays and modules, back
to Trinity Capital Advisors Ltd. ("Trinity") for a total purchase consideration
of CAD 1,075,000.20. Of this total purchase consideration, CAD 775,000.20 will
be paid in cash, and CAD 300,000.00 in a two-year interest bearing (6% p.a.)
promissory note issued by the purchaser to SEGI. The total purchase
consideration of CAD 1,075,000.20 is equivalent to the consideration SEGI
originally paid for these same 1,791,667 shares of Intech from Trinity on
October 31, 2011. 


Originally, SEGI invested in Intech last year with the intent to acquire a
majority of Intech in the future; however, the management of SEGI recently
decided not to pursue a majority acquisition of Intech due to its evolving
investment strategy to focus on the development of its entertainment businesses,
investments in public equities, and other new opportunities. The deal to
sell-back the Intech shares was reached amicably, and both SEGI and the
management of Intech agreed that this was the optimal path for both parties
given SEGI's intent to not pursue a majority acquisition of Intech. 


According to the Share Sale and Purchase Agreement between SEGI and Trinity, the
completion of this transaction is to take place on or before December 31, 2012. 


About Spackman Equities Group Inc.

Spackman Equities Group Inc. ("SEGI") is a diversified investment holding
company that invests into and develops small/medium-sized growth companies that
possess proprietary technologies or industry-specific know-how, primarily in
Asia. SEGI also makes investments in selected publicly-traded companies that
SEGI believes are attractive investment propositions. The objectives of SEGI are
to (i) invest into or acquire businesses with compelling growth potential at
attractive valuations, (ii) build a diversified and balanced portfolio of
investments, and (iii) deliver the collective value derived from the performance
of its portfolio of investments to the shareholders of SEGI.
www.spackmanequities.com


FOR FURTHER INFORMATION PLEASE CONTACT: 
Spackman Equities Group Inc.
Floria Lin
Investor Relations
+852 3902 3287
info@spackmanequities.com
www.spackmanequities.com

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