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(incorporated in Bermuda with limited liability)

(Stock Code: 899) BUSINESS UPDATE - MONEY LENDING BUSINESS

This is a voluntary announcement made by Asia Resources Holdings Limited (the "Company"), together with its subsidiaries, the "Group"). The board of directors of the Company wishes to update its shareholders that the Group has, through its wholly-owned subsidiary, Asia Financial Holdings (Hong Kong) Limited ("Asia Financial") obtained a money lenders licence in Hong Kong on 9 July 2015. Under the Money Lenders Ordinance (Chapter 163 of Laws of Hong Kong), Asia Financial will commence the money lending business to broaden its source of income.

By order of the Board of

Asia Resource Holdings Limited Huang Yilin

Chairman

Hong Kong, 17 July 2015

As at the date of this announcement, the Board consists of four executive Directors, Mr. Huang Yilin, Mr. Lin Chengdong, Mr. Chan Shi Yin, Keith and Mr. Mo Tsz Yuk; and three independent non-executive Directors, Mr. Zhang Xianlin, Mr. Kwok Hong Yee, Jesse and Mr. Ho Chun Kit, Gregory.

* For identification purpose only

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