Bel Global Resources : Addition of Member of Board Committee; and Compliance with Audit Committee Requirements

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.

百營環球資源控股有限公司

(incorporated in Bermuda with limited liability)

(stock code: 761)

Further to the announcement of Bel Global Resources Holdings Limited (the "Company") dated 10 July 2015 in relation to, among other things, non-compliance with audit committee requirement (the "Announcement"), the Company since 10 July 2015 and up to 31 January 2017 has had only two audit committee members, which fall below the minimum number of three audit committee members as required under Rule 3.21 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"). Following the appointment of Mr. Irons Sze as a Non-Executive Director of the Company, with effect from 1 February 2017, Mr. Irons Sze assumed membership in the audit committee of the Board. Therefore, the Company since 1 February 2017 has had three audit committee members, as required under Rule 3.21 of the Listing Rules.

At the request of the Company, trading in the Shares on the Stock Exchange has been suspended with effect from 9:00 a.m. on 4 July 2011 and will continue to be suspended until further notice.

Hong Kong, 8 February, 2017

By order of the Board

Company Secretary

As at the date of this announcement, (i) the executive Directors are Ms. SZE Shan Shan, Pat, (note 1) and Mr. LI Wing Tak (note 2); (ii) non-executive Directors are Mr. CAI Dubing and Mr. SZE Irons; and (iii) the independent non-executive Directors are Dr. CHANG Soo-kong and Mr. HO Wai Chi, Paul.

Note 1: Positions, duties and functions suspended with effect from 12 December 2014. Note 2: Mr. LI Wing Tak has appointed Mr. WONG Wan Sing as his alternate Director.