Advanced Card : Change in Board Lot Size

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.

(Incorporated in the Cayman Islands with limited liability)

The Board announces that the board lot size of the Shares for trading on the Stock Exchange will be changed from 8,000 Shares to 1,000 Shares with effect from 9:00 a.m. on 6 July 2017. The expected timetable for such change in board lot size is set out below.

Shareholders of the Company may submit their existing share certificates in board lot of 8,000 Shares each to the Share Registrar in exchange for new share certificates in board lot of 1,000 Shares each free of charge between 9:00 a.m. and 4:30 p.m. on any business day from 22 June 2017 to 28 July 2017, both days inclusive.

The board of directors (the "Board") of Advanced Card Systems Holdings Limited (the "Company") announces that the board lot size of the ordinary shares of HK$0.10 each in the capital of the Company (the "Shares") for trading on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") will be changed from 8,000 Shares to 1,000 Shares with effect from 9:00 a.m. on 6 July 2017.

As no odd board lot size of the Shares will be created as a result of the said change in board lot size (other than those already existed before such change becoming effective (if any)), no odd lot arrangement to match the sales and purchases of odd lots will be made.

The Board is of the view that the reduction in board lot size of the Shares may lower the threshold for investors to purchase the Shares, facilitate the trading of the Shares and enable the Company to attract more investors. Hence it will improve the liquidity of the Shares and broad the shareholder base of the Company. The change in board lot size will not result in any change in the rights of the shareholders of the Company ("Shareholders"). The Board considers that the change in board lot size is in the interest of the Company and the Shareholders as a whole. Having taken into account its current business plan, the Company currently has no plan nor intention to conduct any fund raising activities or corporate action.

* For identification purposes only

The expected timetable for such change in board lot size is set out below:

First day for free exchange of existing share certificates in board lot of 8,000 Shares each for new share certificates

in board lot of 1,000 Shares each. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Thursday,

22 June 2017

Last day for trading of the Shares in board lot of

8,000 Shares in the original counter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Wednesday,

1. July 2017

   Effective date of the change in board lot size

   from 8,000 Shares to 1,000 Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Thursday,

2. July 2017

Original counter for trading in the Shares in board lot of 8,000 Shares each becomes counter for trading in

the Shares in board lot of 1,000 Shares each . . . . . . . . . . . . . . . . . . . 9:00 a.m. on Thursday,

6 July 2017

Temporary counter for trading in the Shares in

board lot of 8,000 Shares each opens. . . . . . . . . . . . . . . . . . . . . . . . . 9:00 a.m. on Thursday,

6 July 2017

First day of parallel trading in Shares

(in board lot of 1,000 Shares each and

board lot of 8,000 Shares each. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9:00 a.m. on Thursday,

6 July 2017

Temporary counter for trading in the Shares in board

lot of 8,000 Shares each closes . . . . . . . . . . . . . . . . . . . . . . . . . . . 4:00 p.m. on Wednesday,

26 July 2017

Last day of parallel trading in the Shares (in board lot of 1,000 Shares each and

board lot of 8,000 Shares each. . . . . . . . . . . . . . . . . . . . . . . . . . . . 4:00 p.m. on Wednesday,

26 July 2017

Last day for free exchange of existing share certificates in board lot of 8,000 Shares each for new share

certificates in board lot of 1,000 Shares each. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Friday,

28 July 2017

Shareholders may submit their existing share certificates in board lot of 8,000 Shares each to the Company's branch share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17/F, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong (the "Share Registrar"), in exchange for new share certificates in board lot of 1,000 Shares each free of charge between 9:00 a.m. and 4:30 p.m. on any business day from Thursday, 22 June 2017 to Friday, 28 July 2017, both days inclusive. After the expiry of such period, existing share certificates will be accepted for exchange only on payment of a fee of HK$2.5 (or such higher amount as may from time to time be specified by the Stock Exchange) for each new share certificate in board lot of 1,000 Shares each issued or each existing share certificate submitted, whichever number of share certificate involved is higher. It is expected that the new share certificates will be available for collection from the Share Registrar by the Shareholders within 10 business days after delivery of the existing share certificates to the Share Registrar for exchange purpose.

As from Thursday, 6 July 2017, any new share certificates will be issued in board lot of 1,000 Shares each (except for odd lots or where the Share Registrar is otherwise instructed). All existing share certificates in board lot of 8,000 Shares each will continue to be good evidence of legal title to such Shares and continue to be valid for trading, delivery and settlement purposes. Save and except for the change in the number of Shares for each board lot, the new share certificates will have the same format and colour as the existing share certificates.

By order of the Board

Chairman

Hong Kong, 15 June 2017

As at the date of this announcement, the Board comprises four executive directors, namely Mr. Peng Fang, Mr. Cui Yijun, Mr. Wang Hao and Mr. Wong Chi Ho, and two independent non- executive directors, namely Ms. Kaung Cheng Xi Dawn and Mr. Yim Kai Pung.