Shanghai La Chapelle Fashion : DETERMINATION OF THE OFFER SIZE AND OFFER PRICE FOR THE A SHARE OFFERING

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上 海 拉 夏 貝 爾 服 飾 股 份 有 限 公 司

Shanghai La Chapelle Fashion Co., Ltd.

(a joint stock company incorporated in the People's Republic of China with limited liability)

(Stock code: 06116) DETERMINATION OF THE OFFER SIZE AND OFFER PRICE FOR THE A SHARE OFFERING

This announcement is made by Shanghai La Chapelle Fashion Co., Ltd. (the "Company") pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).

References are made to the announcements of the Company dated 5 September 2017, 1 September 2017, 24 August 2017, 20 June 2017, 16 June 2017, 9 June 2017, 25 May 2017, 16 November 2015, 26 October

2015, 31 July 2015, 20 July 2015 and 21 April 2015, and the circulars dated 31 August 2017, 31 July

2017, 12 June 2017, 10 June 2016 and 11 March 2016 in relation to, among others, the proposed A Share Offering by the Company and relevant matters. Unless otherwise specified, capitalised terms used herein shall have the same meanings as those defined in the circular of the Company dated 31 August 2017.

The Board is pleased to announce that, following the completion of preliminary price consultations with consultees on 8 September 2017, the Company will issue 54,770,000 A Shares at the issue price of RMB8.41 per A Share. The issue price was determined based on several factors including, among others, results of the preliminary price consultation, the fundamentals of the issuer, the level of H Share price, needs for proceeds, valuation of comparable companies, the industry in which the Company operates, market conditions and investors' structure.

For the finalised terms of the A Share Offering, please refer to the full text of the Shanghai La Chapelle Fashion Co., Ltd. A Shares Initial Public Offering Prospectus, and its summary published by the Company in Chinese only on the website of the Shanghai Stock Exchange (www.sse.com.cn) and the website of the Hong Kong Stock Exchange (www.hkexnews.hk) on 12 September 2017.

The Company will keep the Shareholders and potential investors informed of any further development in relation to the A Share Offering when and as appropriate.

By order of the Board

Shanghai La Chapelle Fashion Co., Ltd. Mr. Xing Jiaxing

Chairman

Shanghai, the PRC 12 September 2017

As of the date of this announcement, the executive directors of the Company are Mr. Xing Jiaxing, Mr. Wang Yong and Mr. Wang Wenke; the non-executive directors of the Company are Mr. Li Jiaqing, Mr. Lu Weiming, Mr. Cao Wenhai, Ms. Wang Haitong and Mr. Luo Bin; the independent non-executive Directors are Mr. Zhang Yi, Dr. Chen Jieping, Mr. Zhang Zeping and Mr. Chan, Wing Yuen Hubert.