Well Way : FURTHER DELAY IN DESPATCH OF CIRCULAR IN RELATION TO (1) PROPOSED NEW RIGHTS ISSUE ON THE BASIS OF TWO RIGHTS SHARES FOR EVERY ONE EXISTING SHARES HELD ON THE RECORD DATE; AND (2) CHANGE IN BOARD LOT SIZE (in PDF)

E151233034Ann.indd

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This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of Well Way Group Limited.

Well Way Group Limited

和 滙 集 團 有 限 公 司

(to be renamed as Global Mastermind Holdings Limited) (Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8063)

FURTHER DELAY IN DESPATCH OF CIRCULAR IN RELATION TO

1. PROPOSED NEW RIGHTS ISSUE ON THE BASIS OF TWO RIGHTS SHARES FOR EVERY ONE EXISTING SHARES HELD ON THE RECORD DATE; AND
2. CHANGE IN BOARD LOT SIZE

Reference is made to (i) the announcements of the Well Way Group Limited ("Company") dated 8 October 2015 and 13 November 2015 (the "Announcements") in relation to, among other matters, the New Rights Issue on the basis of two Rights Shares for every one existing share of the Company held on the record date; and (ii) the announcement of the Company dated 23 November 2015 ("Delay Announcement"). Unless the content otherwise requires, terms used in this announcement shall have the same meanings as those defined in the Announcements.

As stated in the Delay Announcement, the Circular containing, among other things, (i) further details about the New Rights Issue (including the absence of excess application arrangement) and the Underwriting Agreement as supplemented by the Supplemental Agreement; (ii) a letter of recommendation from the Independent Board Committee to the Independent Shareholders in respect of the New Rights Issue (including the absence of excess application arrangement) and the Underwriting Agreement as supplemented by the Supplemental Agreement; (iii) a letter of advice from the Donvex Capital Limited to the Independent Board Committee and the Independent Shareholders on the New Rights Issue (including the absence of excess application arrangement) and the Underwriting Agreement as supplemented by the Supplemental Underwriting Agreement; and (iv) the notice convening the EGM, is expected to be despatched to the Shareholders on or before 18 December 2015.

Given that more time is required to prepare the necessary information to be included in the Circular, the Board announces that the despatch of Circular in relation to the New Rights Issue will be postponed from 18 December 2015 to a date no later than 24 December 2015.

The Company will publish further announcement(s) to notify shareholders and potential investors of the revised expected timetable for the New Rights Issue, the Change in Board Lot Size when appropriate.

By Order of the Board

Well Way Group Limited Mung Bun Man, Alan

Executive Director

Hong Kong, 18 December 2015

As at the date of this announcement, the Board comprises Mr. Mung Kin Keung, Mr. Mung Bun Man, Alan, Mr. Leung Wai Man and Mr. Tse Ke Li as executive Directors and Mr. Fung Wai Ching, Mr. Tsai Yung Chieh, David and Mr. Law Kwok Ho, Kenward as independent non-executive Directors.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the GEM website at www.hkgem.com on the "Latest Company Announcements" page for at least seven days from the date of its posting and on the Company's website at www.wellwaygp.com.