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NEWAY GROUP HOLDINGS LIMITED

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(Incorporated in Bermuda with limited liability)

(Stock Code: 00055) ANNOUNCEMENT

This announcement is made pursuant to Rule 13.09 of the Rules Governing the Listing of the Securities on The Stock Exchange of Hong Kong Limited and Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).
The board of directors (the "Board") of Neway Group Holdings Limited (the "Company", and together with its subsidiaries, the "Group") announced that approximate 400 out of 2,100 of the workers of one of the Group's printing factories in Long Gang District, Shenzhen, the People's Republic of China are on strike and as a result, most part of the production of this factory has been temporary affected. Some of these workers had also blocked the entrance of the other printing factory of the Group in the same district and now had left. Some workers that wanted to resume work were blocked by the workers that went on strike. The incident started on 10 January 2013. The management of the Group believes that the incident was originated from the recent restructuring of the factory. The management of the Group is actively resolving this incident, including having meetings with the labour union, local administrative bureau, labour bureau, lawyers and polices with a aim to settle the incident as soon as possible and reduce the loss to the Group. As at the date of this announcement, the strike has not yet ended.
The management is still assessing the impact on the operation of the Group as a result of the strike. Further announcement will be made by the Company on the development of the incident.

* For identification purpose only

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

On behalf of the Board

Neway Group Holdings Limited Suek Ka Lun, Ernie

Chairman

Hong Kong, 13 January 2013

As at the date of this announcement, the executive Directors are Mr. Suek Ka Lun, Ernie (Chairman) and Mr. Suek Chai Hong (Chief Executive Officer); the non-executive Directors are Dr. Ng Wai Kwan, Mr. Chan Kwing Choi, Warren and Mr. Wong Sun Fat; and the independent non-executive Directors are Mr. Tse Tin Tai, Mr. Cheng Chi Wai and Ms. Lui Lai Ping, Cecily; and Mr. Lau Kam Cheong being the alternate director to Dr. Ng Wai Kwan.

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