IPE : CHANGE OF REGISTERED OFFICE AND PRINCIPAL SHARE REGISTRAR AND TRANSFER OFFICE IN THE CAYMAN ISLANDS, AND CHANGE OF BRANCH SHARE REGISTRAR AND TRANSFER OFFICE IN HONG KONG

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 929)

CHANGE OF REGISTERED OFFICE AND

PRINCIPAL SHARE REGISTRAR AND

TRANSFER OFFICE IN THE CAYMAN ISLANDS, AND

CHANGE OF BRANCH SHARE REGISTRAR AND

TRANSFER OFFICE IN HONG KONG

The board of directors (the ''Board'') of IPE Group Limited (the ''Company'') hereby announces that with effect from 1 November 2019, the Company's registered office, principal share registrar and transfer office in the Cayman Islands, and branch share registrar and transfer office in Hong Kong will be changed as follows:

The registered office of the Company will be relocated to:

89 Nexus Way, Camana Bay

Grand Cayman, KY1-9009, Cayman Islands

The principal share registrar and transfer office of the Company in the Cayman Islands will be changed from Tricor Services (Cayman Islands) Limited to:

Ogier Global (Cayman) Limited

89 Nexus Way, Camana Bay

Grand Cayman, KY1-9009, Cayman Islands

The branch share registrar and transfer office of the Company in Hong Kong will be changed from Tricor Investor Services Limited to:

Computershare Hong Kong Investor Services Limited

Shops 1712-1716, 17/F, Hopewell Centre

183 Queen's Road East, Wanchai, Hong Kong

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With effect from 1 November 2019, application for registration of transfer of shares of the Company shall be lodged with and share certificates uncollected on 31 October 2019 may be collected from Computershare Hong Kong Investor Services Limited.

By Order of the Board

IPE Group Limited

Zeng Guangsheng

Chairman

Hong Kong, 21 October 2019

As at the date of this announcement, the Board comprises two executive directors, namely, Mr. Zeng Guangsheng (Chairman and Chief Executive Officer) and Mr. Ng Hoi Ping; two non-executive directors, namely, Ms. Zeng Jing and Mr. Chen Kuangguo; and four independent non-executive directors, namely, Mr. Yang Rusheng, Mr. Cheung, Chun Yue Anthony, Mr. Mei Weiyi and Mr. Xu Bing.

• For identification purposes only

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