GT : PROFIT WARNING

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Incorporated in Hong Kong with limited liability)

(Stock Code: 263)

PROFIT WARNING

This announcement is made by the Company pursuant to Rule 13.09(2) of the Listing Rules and the Inside Information Provision under Part XIVA of the SFO.

The Board wishes to inform Shareholders and potential investors of the Company that, based on the preliminary review of the unaudited management accounts of the Group, it is expected that the Group will record a consolidated net loss for the year ended 31 December 2016 as compared to a consolidated net profit for the corresponding period of 2015.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.

This announcement is made by GT Group Holdings Limited (the ''Company'', together with its subsidiaries, the ''Group'') pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ''Listing Rules'') and Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the ''SFO'').

The board of directors of the Company (the ''Board'') wishes to inform shareholders of the Company (''Shareholders'') and potential investors that, before taking into account any possible adjustments in relation to finalisation of the annual results of the Group for the year ended 31 December 2016, the Group is expected to record a consolidated net loss for the year ended 31 December 2016, as compared to a consolidated net profit for the corresponding period of 2015.

Based on the preliminary assessment of unaudited management accounts of the Group and financial information currently available and that before taking into account any possible adjustments in relation to finalisation of the annual results of the Group for the year ended 31 December 2016, the consolidated net loss is mainly due to the Group (i) will recognise impairment on its unlisted available-for-sale financial assets; and (ii) will record net realised loss and unrealised loss on financial assets as stated at fair value through profit or loss of approximately HK$264 million and HK$424 million respectively for the year ended 31 December 2016 as compared to net realised gain of approximately HK$147 million and unrealised gain of approximately HK$409 million of the same respectively for the corresponding period of 2015.

As the Company is still in the process of finalising the annual results of the Group for the year ended 31 December 2016, the information contained in this announcement is only based on the Company's preliminary assessment of the unaudited management accounts of the Group for the year ended 31 December 2016 and financial information currently available, which may be subject to adjustments upon the finalisation of the audit by the auditors of the Company. Shareholders and potential investors should read the annual results of the Group for the year ended 31 December 2016 carefully, which are expected to be published before the end of March 2017.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board

GT GROUP HOLDINGS LIMITED

Li Dong

Chairman

Hong Kong, 10 January 2017

As at the date of this announcement, the Board comprises six Executive Directors, namely Mr. Li Dong (Chairman), Ms. Ng Shin Kwan, Christine, Mr. Lee Jalen, Mr. Chan Ah Fei, Mr. Liang Shan and Mr. Suen Yick Lun, Philip and three Independent Non-executive Directors, namely Dr. Wong Yun Kuen, Mr. Wong Shun Loy and Mr. Hu Chao.