CL : NOTICE OF MEETING OF THE BOARD OF DIRECTORS

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.

NOTICE OF MEETING OF THE BOARD OF DIRECTORS

The board of the directors of the Company (the "Board") of CL Group (Holdings) Limited (the "Company") hereby announces that a meeting of the Board will be held at Room 16B, 16th Floor, Bank of East Asia Harbour View Centre, 56 Gloucester Road, Wanchai, Hong Kong on 27

June 2017, Tuesday for the following purposes:-

1. To consider and approve the audited final results of the Company and its subsidiaries for the year ended 31 March 2017 and to approve the draft announcement in respect of the final results to be published on the GEM website and the website of the Company;

2. To consider the payment of final dividend, if any;

3. To consider the closure of the Register of Members, if necessary;

4. To consider the time and venue of the forthcoming annual general meeting of the members of the Company; and

5. To transact any other business.

By Order of the Board

CL Group (Holdings) Limited Kwok Kin Chung Executive Director

Hong Kong, 15 June 2017

The Directors of the Company as at the date of this announcement are:-

Non-executive Director:

Mr. Alexis Ventouras (Chairman)

Executive Directors:

Mr. Kwok Kin Chung (Chief Executive Officer) Mr. Lau Kin Hon Ms. Yu Linda

Independent non-executive Directors: Mr. Au-Yeung Tai Hong Rorce

Mr. Poon Wing Chuen Mr. Chiu Wai Keung

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will appear on the GEM website (www.hkgem.com) on the "Latest Company Announcements" page for at least 7 days from the date of its posting and on the website of the Company at www.cheongleesec.com.hk.