Timeless Software : VOLUNTARY ANNOUNCEMENT IN RELATION TO ACCIDENT AT NICKEL-COPPER MINE

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.

TIMELESS SOFTWARE LIMITED 天時軟件有限公司

(incorporated in Hong Kong with limited liability)

(Stock code: 8028)

VOLUNTARY ANNOUNCEMENT

IN RELATION TO ACCIDENT AT NICKEL-COPPER MINE

This is a voluntary announcement made by Timeless Software Limited (the "Company", together with its subsidiaries, the "Group").

The mining and processing activities of the Baishiquan Nickel-Copper Mine in Xinjiang, the PRC operated by the non-wholly owned subsidiary of the Group are temporarily suspended in December 2018 as usual due to the weather condition in winter, and are expected to resume in March 2019. During the operation prior to the suspension, an accident was caused by the misconduct of our outsourced contractors, causing two casualties who are staff of the contractors (the "Accident").

The Group, together with the local government authorities, immediately responded and rendered help to the casualties. The Group is also extending its full co-operation to the relevant authorities in the investigation.

The Company is in the process of assessing the impact of the Accident. The Company will make further announcement on any material developments as and when appropriate.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board

TIMELESS SOFTWARE LIMITED

Felipe Tan

Chairman

Hong Kong, 2 January 2019

Executive Directors:

Mr. Felipe Tan (Chairman)

Ms. Lau Yun Fong Carman

Independent non-executive Directors: Ms. Chan Choi Ling

Mr. Chan Mei Ying Spencer Mr. Lam Kwai Yan

Ms. Tsang Wai Chun Marianna

This announcement, for which the Directors of the Company 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 atwww.hkgem.comfor at least seven days from the date of its publication and on the Company's website atwww.timeless.com.hk.