361 DEGREES INTERNATIONAL : Announcements and Notices - Voluntary Announcement Results of the 361 Kids 2017 Summer Trade Fair and Clarification Announcement

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361 Degrees International Limited 3 6 1 度 國 際 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1361)

VOLUNTARY ANNOUNCEMENT

RESULTS OF THE 361˚ KIDS 2017 SUMMER TRADE FAIR AND CLARIFICATION ANNOUNCEMENT

This announcement is published on a voluntary basis by the board of directors (the ''Board'') of 361 Degrees International Limited (''361˚'' or the ''Company'', together with its subsidiaries, the ''Group'') on the results of 361˚ Kids 2017 Summer Trade Fair, which was successfully held at the Group's Wuli Industrial Complex in Jinjiang City in mid October, 2016.

We are pleased to announce that the trade fair order value (at wholesale value) of the 361˚ kids for the second quarter of 2017 achieved satisfactory result by recording a low double- digit increase, on a year-on-year basis. Such order value growth represented the tenth consecutive quarterly improvement since the first quarter of 2015.

361˚ Kids, an independently-run business unit within the Group, principally offers sporting footwear, apparel and accessories products caters for children between the ages of 3 to 12. At the 2017 Summer Trade Fair, orders contribution from footwear, apparel, and accessories account for 38.8%, 58.5% and 2.7%, respectively. Footwear achieved both high single-digit growth in volume and the average selling price (the ''ASP''). Apparel showed a high double-digit growth in the volume but no improvement in the ASP.

By the end of the third quarter of 2016, there were 2,231 points of sale for 361° Kids, which is an independently run business unit. The 361° kids segment achieved robust same stores sales growth at 7.3% during the third quarter of 2016. Those satisfactory operational performance at the retail level once again provided strong confidence for distributors when making their orders, which was in turn reflected in our 361° Kids 2017 Summer order growth. We will continue to be dedicated to maintain the leading position in China's kids sportswear brands by offering more value-for-money and innovative products.

CLARIFICATION TO THE OPERATIONAL UPDATE FOR THE THIRD QUARTER OF 2016

Reference is also made to the announcement of the Company dated 18 October 2016 in relation to the operational update of the Group's business for the third quarter of 2016 (the ''Operational Update Announcement'').

The Company would like to clarify that in both the English and Chinese versions on page 2 of the Operational Update Announcement, under the section headed ''361° Kids Brand (independently-run business unit)'', ''Sample size'' should be 1,248 instead of 1,974.

Save for the above clarification, the contents of the Operational Update Announcement (both English and Chinese versions) remain unchanged.

By order of the Board

361 Degrees International Limited Ding Huihuang

Chairman

Hong Kong, 7 November 2016

As at the date of this announcement, the Directors are:

Executive Directors: Mr. Ding Wuhao, Mr. Ding Huihuang (Chairman), Mr. Ding Huirong and Mr. Wang Jiabi

Independent non-executive Directors: Mr. Tsui Yung Kwok and Dr. Liao Jianwen and Mr.

Li Yuen Fai Roger.