Greatview Aseptic Packaging : Voluntary Announcement Update on a Litigation Claim

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GREATVIEW ASEPTIC PACKAGING COMPANY LIMITED 紛美包裝有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock code: 00468)

Voluntary Announcement Update on a Litigation Claim

This announcement is made by the board (the "Board") of directors (the "Directors") of Greatview Aseptic Packaging Company Limited (the "Company") on a voluntary basis.

Reference is made to the announcement dated 30 January 2012 made by the Company in relation to a claim brought by Tetra Pak (the "2012 Announcement") and the subsequent updates in relation to the claim as disclosed in the Company's annual report for the years 2012, 2013, 2014, 2015, 2016 and 2017 (the "Annual Reports"). Unless otherwise defined in this announcement, terms used herein shall have the same meanings as those defined in the 2012 Announcement.

As disclosed in the 2012 Announcement and the Annual Reports, the Court has denied Tetra Pak's Claim in December 2011 and found Tetra Pak liable for the costs of the proceedings. On 16 January 2012, Tetra Pak filed a notice of appeal to Düsseldorf Higher Regional Court against the Judgment. The appeal was stayed pending the final outcome of the opposition proceedings commenced by the Company before the European Patent Office (the"EPO") to invalidate EP 085, a European patent related to aseptic packaging material and the subject patent in question in Tetra Pak's Claim. On 27 November 2012, the first instance division of the EPO revoked EP 085 in its entirety. On 17 April 2013, Tetra Pak filed an appeal against the first instance decision.

The Company wishes to announce that subsequent to the filing of an appeal by Tetra Pak to EPO Boards of Appeal against the first instance decision, in an oral hearing held recently, the EPO Boards of Appeal has dismissed Tetra Pak's appeal and thereby confirmed the invalidity of EP 085.

The Company was advised by its legal adviser on German law that the decision of the EPO Boards of Appeal is final, and even though the possibility for an extraordinary petition for review to the Enlarged Board of Appeal exists, the chance of a reversal of the decision is very low, and consequently, Tetra Pak's Claim against the two companies of the Group based on EP 085 would be terminated shortly.

By order of the Board

Greatview Aseptic Packaging Company Limited

BI Hua, Jeff

Chief Executive Officer and Executive Director

Beijing, 10 May 2018

As at the date of this announcement, the Board comprises two executive Directors, namely Mr. BI Hua, Jeff and Mr. LIU Jun; two non-executive Directors, namely Mr. HONG Gang and Mr. HSU David; and three independent non-executive Directors, namely Mr. ZHU Jia, Mr. LUETH Allen Warren and Mr. BEHRENS Ernst

Hermann.