Madison Wine : CHANGE OF COMPANY NAME AND CHANGE OF STOCK SHORT NAME

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.

Madison Holdings Group Limited

麥迪森控股集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8057) CHANGE OF COMPANY NAME AND CHANGE OF STOCK SHORT NAME CHANGE OF COMPANY NAME

The Board is pleased to announce that the Proposed Change of Company Name from "Madison Wine Holdings Limited 麥迪森酒業控股有限公司" to "Madison Holdings Group Limited 麥迪森控股集團 有限公司" becomes effective from 5 July 2017.

CHANGE OF STOCK SHORT NAME

The English stock short name of the Company for trading in the Shares on the Stock Exchange will be changed from "MADISON WINE" to "MADISON HLDG" and the Chinese stock short name of the Company for trading in the Shares on the Stock Exchange will be changed from "麥迪森酒業" to "麥 迪森控股", with effect from 9:00 a.m. on 8 August 2017. The stock code of the Company on the Stock Exchange will remain unchanged as "8057".

Reference is made to the announcement of Madison Holdings Group Limited (formerly known as Madison Wine Holdings Limited) (the "Company") dated 7 June 2017, the circular of the Company dated 8 June 2017 (the "Circular") and the announcement of the Company relating to the poll results of the EGM dated 4 July 2017, in relation to, among other things, the Change of Company Name. Capitalised terms used in this announcement shall have the same meanings as those defined in the Circular unless the context requires otherwise.

CHANGE OF COMPANY NAME

The Board is pleased to announce that subsequent to the passing of a special resolution in relation to the Proposed Change of Company Name by the Shareholders at the EGM held on 4 July 2017, the Certificate of Incorporation on Change of Name was issued by the Registrar of Companies in the Cayman Islands on 5 July 2017, certifying that the change of name of the Company from "Madison Wine Holdings Limited 麥迪森酒業控股有限公司" to "Madison Holdings Group Limited 麥迪森控股集團有限公司" has been registered.

The Certificate of Registration of Change of Corporate Name of Non-Hong Kong Company was issued by the Registrar of Companies in Hong Kong on 25 July 2017 confirming the registration of the new name of the Company in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the laws of Hong Kong).

EFFECTS OF THE CHANGE OF COMPANY NAME

The change of Company name will not affect any rights of the Shareholders or the Company's daily business operation and its financial position. All existing share certificates in issue bearing the former name of the Company will continue to be evidence of title to such securities and valid for trading, settlement, registration and delivery purposes. There will not be any arrangement for free exchange of the existing share certificates for new certificates bearing the new name of the Company. With effect from 8 August 2017, new share certificates will be issued under the new name of the Company.

CHANGE OF STOCK SHORT NAME

The English stock short name of the Company for trading in the Shares on the Stock Exchange will be changed from "MADISON WINE" to "MADISON HLDG" and the Chinese stock short name of the Company for trading in the Shares on the Stock Exchange will be changed from "麥迪森酒業" to "麥 迪森控股", with effect from 9:00 a.m. on 8 August 2017. The stock code of the Company on the Stock Exchange will remain unchanged as "8057".

By order of the Board

Madison Holdings Group Limited Ting Pang Wan Raymond

Chairman and executive Director

Hong Kong, 3 August 2017

As at the date of this announcement, the executive Directors are Mr. Ting Pang Wan Raymond and Mr. Zhu Qin; the non-executive Director is Mr. Kao Sheng-Chi; and the independent non-executive Directors are Ms. Fan Wei, Mr. Chu Kin Wang Peleus and Mr. Ip Cho Yin J.P..

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 remain on the "Latest Company Announcements" page of the GEM website at www.hkgem.com for at least 7 days from the date of its posting. This announcement will also be published on the website of the Company at www.madison-wine.com.