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 Bermuda with limited liability)

(Stock Code: 190) (Warrant Code: 1403)

(website: www.hkcholdings.com)

EXPIRY AND PROPOSED WITHDRAWAL OF THE LISTING OF WARRANTS (WARRANT CODE: 1403) AND TRADING ARRANGEMENTS

• The subscription rights attaching to the Warrants will expire at 4:00 p.m. on

Thursday, 15 October 2015.

• The last trading day of the Warrants on the Stock Exchange is Monday, 12 October

2015.

The listing of the Warrants will be withdrawn from the Stock Exchange after 4:00 p.m. on Thursday, 15 October 2015. An application has been made by the Company to the Stock Exchange for the withdrawal of listing of the Warrants with effect from 4:00 p.m. on Thursday, 15 October 2015.

This announcement is made by HKC (Holdings) Limited (the "Company") to draw to the attention of the holders of the existing outstanding warrants of the Company (warrant code:
1403) (the "Warrants") the expiry and proposed withdrawal of listing of the Warrants and the related trading arrangements.
Under the terms and conditions of the instrument constituting the Warrants dated 23
September 2014 ("Instrument"), the subscription rights attaching to the Warrants will expire at 4:00 p.m. on Thursday, 15 October 2015. The subscription rights of each Warrant entitling the holder to subscribe for one new share of HK$0.01 each ("Share") in the capital of the Company at the subscription price of HK$0.17 per Share will lapse after 4:00 p.m. on Thursday, 15 October 2015.

* For identification purposes only

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Any subscription rights attaching to the Warrants which have not been exercised by 4:00 p.m. on Thursday, 15 October 2015 will lapse. The Warrant certificates will cease to be valid.
All holders of the Warrants should note the following trading arrangements regarding dealings in, transfers of and exercise of the subscription rights attaching to the Warrants:
1. The last trading day of the Warrants on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") is Monday, 12 October 2015. Trading in the Warrants on the Stock Exchange will cease after 4:00 p.m. on Monday, 12 October 2015.
2. The listing of the Warrants will be withdrawn from the Stock Exchange after 4:00 p.m. on Thursday, 15 October 2015, and application has been made by the Company to the Stock Exchange for the withdrawal of listing of the warrants with effect from 4:00 p.m. on Thursday, 15 October 2015.
3. Registered holders of the Warrants who wish to exercise the subscription rights attaching to the Warrants must lodge by not later than 4:00 p.m. on Thursday, 15 October 2015 the branch share registrar of the Company in Hong Kong, Computershare Hong Kong Investor Services Limited (the "Registrar"), at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, with:
(a) the relevant certificate(s) of the Warrants;
(b) the duly completed and signed subscription form(s); and
(c) remittances for the relevant subscription moneys.
4. Holders of the Warrants who have not registered their holdings in such Warrants in their own names and wish to exercise the subscription rights attaching thereto must lodge by not later than 4:00 p.m. on Thursday, 15 October 2015 the Registrar at the above- mentioned address with:
(a) the relevant duly executed and stamped instrument(s) of transfer and/or other document(s) of title;
(b) the relevant certificate(s) of the Warrants;
(c) the duly completed and signed subscription form(s); and
(d) remittances for the relevant subscription moneys.
5. Under the terms of the Instrument, new Shares will be allotted and issued not later than
21 business days after the date of exercise of the subscription rights attaching to the Warrants. Shares to be issued pursuant to the exercise of the subscription rights attaching to the Warrants will, when issued, rank pari passu in all respects with the then existing issued Shares. Any subscription forms lodged with the Registrar later than 4:00 p.m. on Thursday, 15 October 2015 are not valid and will not be accepted.
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6. For information purposes, the closing prices of the Shares and the Warrants as quoted on the Stock Exchange on Tuesday, 15 September 2015 (being the date of this announcement) were HK$0.171 per Share and HK$0.010 per unit of Warrant respectively.
A circular relating to the expiry of Warrants will be despatched to the holders of Warrants and, for information only, the shareholders of the Company as soon as practicable.

Holders of the Warrants who are in doubt as to their position or as to the actions to be taken should consult their licensed securities dealer, bank manager, solicitor, professional accountant or other professional adviser.

By order of the Board

HKC (HOLDINGS) LIMITED OEI Kang, Eric

Executive Director and Chief Executive Officer

Hong Kong, 15 September 2015

As at the date of this announcement, the Board comprises eight directors, of which Mr. OEI Kang, Eric, Mr. LEE Shiu Yee, Daniel, Mr. WONG Jake Leong, Sammy and Mr. LEUNG Wing Sum, Samuel are executive directors; Mr. OEI Tjie Goan is non-executive director; Mr. CHUNG Cho Yee, Mico, Mr. CHENG Yuk Wo and Mr. Albert Thomas DA ROSA, Junior are independent non-executive directors.

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