Value Partners : ANNOUNCEMENT Pursuant to Rule 3.7 of the Takeovers Code - Termination of Discussions In Relation to the Possible Transaction

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.

VALUE PARTNERS GROUP LIMITED ౉ଣණྠϞࠢʮ̡

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 806)

ANNOUNCEMENT

PURSUANT TO RULE 3.7 OF THE TAKEOVERS CODE AND RULE 13.09 OF THE LISTING RULES AND INSIDE INFORMATION PROVISIONS UNDER

PART XIVA OF THE SECURITIES AND FUTURES ORDINANCE

TERMINATION OF DISCUSSIONS IN RELATION TO

THE POSSIBLE TRANSACTION

Reference is made to the announcements of Value Partners Group Limited (the "Company") dated 22 May 2017, 22 June 2017, 21 July 2017, 21 August 2017, 21 September 2017, 20 October 2017, 20 November 2017 and 20 December 2017, respectively, in relation to the discussions between Dato' Seri Cheah Cheng Hye and Mr. Yeh V-Nee (the "Relevant Shareholders") and a potential offeror ("Potential Offeror") in respect of a possible transaction ("Possible Transaction") involving an acquisition of interests in the Company by the Potential Offeror.

The Company has been informed by the Relevant Shareholders that (i) no formal or legally binding agreement for the Possible Transaction has been entered into between the Relevant Shareholders and the Potential Offeror up to and including the date of this announcement; (ii) the discussions with the Potential Offeror in respect of its current proposal for the Possible Transaction was terminated on the date of this announcement and (iii) the termination is solely a result of the parties' commercial consideration in respect of the Possible Transaction.

For the purpose of the Takeovers Code, the offer period ends on the date of this announcement.

The Company considers that the termination of the discussions in respect of its current proposal for the Possible Transaction would have no material adverse impact on the financial and operational position of the Company and its subsidiaries.

Shareholders of the Company and potential investors are advised to continue to exercise caution when dealing in the Shares and/or securities of the Company. Persons who are in doubt as to the action they should take should consult their stockbroker, bank manager, solicitor or other professional advisors.

By Order of the Board

Value Partners Group Limited

CHEUNG Kwong Chi, Aaron

Company Secretary

Hong Kong, 4 January 2018

As of the date of this Announcement, our Directors are Dato' Seri Cheah Cheng Hye, Mr. So Chun Ki Louis, Dr. Au King Lun and Ms. Hung Yeuk Yan Renee as Executive Directors and Dr. Chen Shih Ta Michael, Mr. Lee Siang Chin and Mr. Nobuo Oyama as Independent Non-executive Directors.

The Directors jointly and severally accept full responsibility for the accuracy of the information contained in this announcement and confirm having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement the omission of which would make any statement in this announcement misleading.