PRESS RELEASE

EXCLUSIVE FERRARI LICENSE

The May Cheong Group Announces Exclusive Ferrari License Agreement

WRITTEN BY MAISTO

Hong Kong (November 2014)

The May Cheong Group, manufacturers of the famous die-cast and radio control replica brands Maisto and Bburago, has announced the signing of an exclusive agreement with Ferrari. The multi-year deal , commencing January 2015, grants MCG the exclusive rights to manufacture and distribute Ferrari replicas throughout the world.

MCG has been manufacturing die-cast vehicle replicas for almost 40 years in their own factories, and have had an ongoing relationship with Ferrari for more than 25 years. Bburago, a die-cast brand from Italy that MCG acquired in 2005 and is celebrating its 40th anniversary in 2015, has an even longer history with Ferrari. The planned 2015 launch includes four ranges of products within the Bburago brand - Signature Series, Racing, Race and Play, and Ferrari Kids. More than 100 cars will be launched prior to the middle of next year. Additionally, Maisto will continue to offer Ferrari model kits, radio control products, as well as other die-cast replicas.

“We are extremely pleased and humbled that we were able to reach this agreement with Ferrari, the preeminent automobile brand in the world,” said Roger Ngan, C.E.O. of MCG. “For 47 years our company has been laying the groundwork, establishing a worldwide distribution network, creating state of the art factories and, most importantly, developing strong relationships that enable us to produce fantastic die-cast replicas. We look to do even more in the coming years.” More news regarding the products, including scale, titles, and availability, will be available on the Bburago website.

More news regarding the products, including scale, titles, and availability, will be available on the Bburago website www.bburago.com later this year.