Lifestyle International : Announcements and Notices - Unusual Price and Trading Volume Movements

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.

LIFESTYLE INTERNATIONAL HOLDINGS LIMITED 利 福 國 際集 團 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1212)

UNUSUAL PRICE AND TRADING VOLUME MOVEMENTS

This announcement is made at the request of The Stock Exchange of Hong Kong Limited (the ''Stock Exchange'') and pursuant to Rule 13.10 of the Rules Governing the Listing of Securities on the Stock Exchange.

The board of directors (the ''Board'') of Lifestyle International Holdings Limited (the ''Company'') has noted today's substantial surge in the price and trading volume of the shares of the Company which happened only minutes before the close of trading.

Having made such enquiry with respect to the Company as is reasonable in the circumstances, the Board confirms that it is not aware of any reasons for today's price and trading volume movements or of any information which must be announced to avoid a false market in the Company's securities or of any inside information that needs to be disclosed under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). However, the fact that the Company would be included by Morgan Stanley Capital International (''MSCI'') as a constituent of the MSCI Hong Kong Small Cap Index effective after close of trading today could be the reason for the last minute surge in the price and trading volume.

Nevertheless, for voluntary disclosure purpose, the Board wish to inform the public that the Company did attend today an investor luncheon arranged by an investment bank. During the luncheon, representative of the Company updated the investors the recent development and growth momentum of the retailing market in Hong Kong in general and provided also a general update on the business of the Company without making any material statement on either the sales revenue or profit estimates of the Company.

This announcement is made by the order of the Board and the directors of the Company collectively and individually accepts responsibility for the accuracy of this announcement.

By order of the Board

Lifestyle International Holdings Limited

Poon Fuk Chuen

Company Secretary

Hong Kong, 31 May 2018

As at the date of this announcement, the Board comprises Mr. Lau Kam Sen and Ms. Lau Kam Shim as executive directors; Mr. Lau Luen Hung, Thomas, Mr. Doo Wai Hoi, William and Ms. Lau Yuk Wai, Amy as non-executive directors; and Mr. Lam Siu Lun, Simon, The Hon. Shek Lai Him, Abraham, Mr. Hui Chiu Chung and Mr. Ip Yuk Keung as independent non-executive directors.