Tranche Update on International Housewares Retail Company Limited's Equity Buyback Plan announced on August 7, 2017.

From August 7, 2017 to October 31, 2017, the company has repurchased 300,000 shares, representing 0.04% for HKD 0.44 million. With this, the company has completed the repurchase of 300,000 shares, representing 0.04% for HKD 0.44 million under the buyback announced on August 7, 2017.