Oi Wah Pawnshop Credit : DISCLOSEABLE TRANSACTION PROVISION OF FINANCIAL ASSISTANCE AND ADVANCE TO ENTITIES VARIATION TO TERMS

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 the Cayman Islands with limited liability)

(Stock Code: 1319)

DISCLOSEABLE TRANSACTION PROVISION OF FINANCIAL ASSISTANCE

AND ADVANCE TO ENTITIES

VARIATION TO TERMS

Reference is made to the announcement of Oi Wah Pawnshop Credit Holdings Limited (the "Company") dated 10 August 2017 ("Announcement"). Terms defined in the Announcement shall have the same meanings when used herein, unless the context requires otherwise.

As disclosed in the Announcement, Oi Wah PL granted HK$26,000,000 under Loan Agreement A dated 10 August 2017 to Customer D.

ENTERING INTO OF THE SUPPLEMENTAL LOAN AGREEMENT A

On 16 January 2018, a supplemental loan agreement to Loan Agreement A ("Supplemental Loan Agreement A") was entered into between Oi Wah PL as lender and Customer D as borrower.

Pursuant to Supplemental Loan Agreement A, Oi Wah PL has agreed to extend the term of Loan Agreement A from 12 months to 24 months. Taking into account of (i) the satisfactory repayment record of Customer D; (ii) the fact that there is no material fluctuation in the value of the mortgaged properties for Loan A; and (iii) the additional interest income receivable under Loan Agreement A (as amended by the Supplemental Loan Agreement A) by extending the term of Loan A, the Board considers that the entering into of the Supplemental Agreement A is in the interest of the Company and its shareholders as a whole.

Save as disclosed above, all the terms of Loan Agreement A remain unchanged and in full force and effect.

By Order of the Board

Oi Wah Pawnshop Credit Holdings Limited

Chan Kai Ho Edward

Chairman, Chief Executive Officer and Executive Director

Hong Kong, 16 January 2018

As at the date of this announcement, the board of directors comprises Mr. Chan Kai Ho Edward (Chief Executive Officer and Chairman), Mr. Chan Chart Man, Ms. Chan Mei Fong and Ms. Chan Ying Yu as executive Directors; Mr. Chan Kai Kow Macksion as non-executive Director; and Mr. Lam On Tai, Dr. Leung Shiu Ki Albert and Dr. Yip Ngai as independent non-executive Directors.