Techcomp : Appointment of Independent Financial Advisor

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.

Techcomp (Holdings) Limited 天美(控股)有限公司*

(incorporated in Bermuda with limited liability)

(Hong Kong Stock Code: 1298) (Singapore Stock Code: T43)

APPOINTMENT OF INDEPENDENT FINANCIAL ADVISER

This announcement is made by Techcomp (Holdings) Limited (the "Company") pursuant to Rule 2.1 of the Code on Takeovers and Mergers (the "Takeovers Code").

Reference is made to the joint announcement issued by the Company, Baodi International Investment Company Limited and Circle Brown Limited dated 24 April 2018 (the "Joint Announcement"). Unless otherwise stated, capitalised terms used in this announcement shall have the same meanings as those defined in the Joint Announcement.

The board of directors of the Company (the "Board") hereby announces that Amasse Capital Limited (the "Independent Financial Adviser"), a corporation licensed to carry out Type 1 (dealing in securities relating to corporate finance) and Type 6 (advising on corporate finance) regulated activities under the SFO, has been appointed as the independent financial adviser to advise the Independent Board Committee and/or the Independent Shareholders in relation to, among other things, the Distribution In Specie, the Supply Framework Agreement, the Service Agreements, the CB Subscription Agreement and the respective transactions contemplated thereunder (where appropriate), the Listco Offers and the Privateco Offer. The appointment of the Independent Financial Adviser has been approved by the Independent Board Committee pursuant to Rule 2.1 of the Takeovers Code.

The advice of the Independent Financial Adviser and the recommendation of the Independent Board Committee will be included in the Circular, the Listco Offer Document and the Privateco Offer Document to be despatched to the Shareholders in due course.

By Order of the Board

Techcomp (Holdings) Limited

Lo Yat Keung

President

Hong Kong, 4 May 2018

As at the date of this announcement, the executive directors of the Company are Mr. Lo Yat Keung (President), Mr. Chan Wai Shing and Mr. Christopher James O'Connor, and the independent non-executive directors of the Company are Mr. Ho Yew Yuen, Mr. Seah Kok Khong, Manfred and Mr. Teng Cheong Kwee.

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 statements in this announcement misleading.

*For identification purpose only