Frontier Services : GRANT OF SHARE OPTIONS (in PDF)

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.

FRONTIER SERVICES GROUP LIMITED

先 豐 服 務 集 團 有 限 公 司 *

(Incorporated in Bermuda with limited liability)

(Stock Code: 00500) GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 17.06A of the Rules (the "Listing Rules") Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited (the "Stock Exchange").

The board of directors ("Board") of Frontier Services Group Limited (the "Company") announces that the Company has granted share options (the "Share Options") to Dr. Hua Dongyi ("Dr. Hua"), an executive director and chief executive officer of the Company, subject to acceptance of Dr. Hua, to subscribe for a total of 14,497,030 ordinary shares of HK$0.10 each (the "Shares") of the Company. The Share Options were granted pursuant to the share options scheme adopted by the Company on 28 March 2012.

A summary of such grant is set out below:

Date of grant: 24 August 2017

Number of Shares in respect of which Share Options

were granted:

14,497,030 Shares

Exercise price of Share Options granted:

HK$1.41 per Share, which is not less than the highest of:

1. the closing price of HK$1.41 per Share as stated in the Stock Exchange's daily quotations sheets on the date of grant;

2. the average closing price of HK$1.17 per Share as stated in the Stock Exchange's daily quotations sheets for the five trading days immediately preceding the date of grant; and

3. the nominal value of a Share of HK$0.10

Validity period of the Share Options:

The Share Options shall be exercisable from 24 August 2018 to 23 August 2022

* For identification purposes only

Pursuant to Rule 17.04(1) of the Listing Rules, the grant of the above Share Options has been approved by the independent non-executive directors of the Company. Dr. Hua, who is an executive director and the chief executive officer of the Company, had abstained from voting on the resolution relating to the Share Options granted to himself and had not been counted towards the quorum of the Board meeting in respect of such resolution.

By Order of the Board

FRONTIER SERVICES GROUP LIMITED Chan Kam Kwan, Jason

Company Secretary

Hong Kong, 24 August 2017

As at the date of this announcement, the executive directors are Mr. Erik D. Prince (Chairman), Mr. Ko Chun Shun, Johnson (Deputy Chairman), Mr. Luo Ning (Deputy Chairman), Dr. Hua Dongyi (Chief Executive Officer) and Mr. Hu Qinggang; and the independent non-executive directors are Mr. Yap Fat Suan, Henry, Prof. Lee Hau Leung and Dr. Harold O. Demuren.