KWG : Payment of 2020 Interim Dividend in Hong Kong Dollars

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KWG GROUP HOLDINGS LIMITED

合 景 泰 富 集 團 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1813)

PAYMENT OF 2020 INTERIM DIVIDEND IN HONG KONG DOLLARS

Reference is made to the announcement dated 27 August 2020 in respect of the unaudited interim results of KWG Group Holdings Limited (the ''Company'') for the six months ended 30 June 2020. The board of directors of the Company declared an interim dividend of RMB40 cents per share for the six months ended 30 June 2020 (the ''Interim Dividend'') to the shareholders of the Company (the ''Shareholders'') whose names appear on the register of members of the Company on Friday, 18 September 2020 (the ''Record Date'').

The Interim Dividend was declared in Renminbi (''RMB'') and payable in cash in Hong Kong dollars (''HK$''), i.e. HK$0.456327 per share. The relevant exchange rate (RMB0.876564 to HK$1.00) is based on the average central parity rate of RMB against HK$ as announced by the People's Bank of China for the period from Monday, 14 September 2020 to the Record Date (both days inclusive). The dividend warrants will be sent by ordinary mail to the Shareholders at their own risk on or around Friday, 15 January 2021.

By Order of the Board

KWG Group Holdings Limited

KONG Jianmin

Chairman

Hong Kong, 18 September 2020

As at the date of this announcement, the Board comprises seven Directors, of whom Mr. KONG Jianmin (Chairman), Mr. KONG Jiantao (Chief Executive Officer), Mr. KONG Jiannan and Mr. CAI Fengjia are Executive Directors; and Mr. LEE Ka Sze, Carmelo JP, Mr. TAM Chun Fai and Mr. LI Binhai are Independent Non-executive Directors.