Burwill : Shipment and Delivery Information of Bald Hill's Lithium Concentrate

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(Incorporated in Bermuda with limited liability) (Stock Code: 24)

SHIPMENT AND DELIVERY INFORMATION OF

BALD HILL'S LITHIUM CONCENTRATE

The Board of Directors of Burwill Holdings Limited (the "Company") is pleased to announce that since the first shipment in May 2018, all together reached 13 shipments, the sixth batch of 10,722 tonnes of lithium concentrate in 2019 which loaded on vessel MV NORD SINCERE was berthed at Zhang Jia Gang port of China on 13 September 2019 and has been completed discharge on the next date of 14 September. The offtake rights to the Bald Hill lithium project in western Australia is owned by Jiangxi Bao Jiang Lithium Industrial Limited, which Burwill Lithium Company Limited (a wholly-owned subsidiary of the Company) holds 50% of shares of the joint venture.

The Company will announce the shipment and delivery information of the Bald Hill project from time to time.

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By order of the Board

Burwill Holdings Limited

SIT Hoi Tung

Director

Hong Kong, 16 September 2019

As at the date of this announcement, the Board of the Company comprises Mr. Chan Shing, Mr. Sit Hoi Tung, Mr. Sham Kai Man and Mr. Ng Man Fai, Matthew as executive directors; Mr. Cui Shu Ming as independent non-executive director; and Mr. Huang Shenglan as non-executive director.

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