Belle International : NOTICE OF COURT MEETING

Cause No. FSD 93 of 2017 (RMJ)

IN THE MATTER of sections 15 and 86 of the Companies Law (2016 Revision) AND IN THE MATTER OF ORDER 102 OF THE GRAND COURT RULES 1995

AND IN THE MATTER OF BELLE INTERNATIONAL HOLDINGS LIMITED 百麗國際控股有限公

司

NOTICE IS HEREBY GIVEN that, by an order dated 22 June 2017 (the "Order") made in the above matter, the Grand Court of the Cayman Islands (the "Court") has directed a meeting (the "Court Meeting") to be convened of holders of ordinary shares of HK$0.01 each in the capital of BELLE INTERNATIONAL HOLDINGS LIMITED (百麗國際控股有限公司) (the "Company") other than the Participating Management Shareholders and the WMVL Shareholders as defined in the scheme document (the "Holders"), for the purpose of considering and, if thought fit, approving, with or without modifications, a scheme of arrangement (the "Scheme") proposed to be made between the Company and the Scheme Shareholders (as defined in the Scheme) and that the Court Meeting will be held at Crystal Ballroom, Basement 3, Holiday Inn Golden Mile Hong Kong, 50 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong on Monday, 17 July 2017 at 9:30 a.m. (Hong Kong time) at which place and time all such Holders are requested to attend. A copy of the Scheme and a copy of an explanatory statement explaining the effect of the Scheme are incorporated in the scheme document of which this Notice forms part.

A copy of the scheme document can also be obtained from the Hong Kong branch share registrar of the Company, Computershare Hong Kong Investor Services Limited.

Such Holders (other than those required to abstain from voting as detailed in the Scheme) may vote in person at the Court Meeting or they may appoint another person (who must be an individual), whether a member of the Company or not, to attend and vote in their stead. A pink form of proxy for use at the Court Meeting is enclosed with the scheme document dated 24 June 2017 despatched to members of the Company on 24 June 2017.

In the case of joint holders of a share, any one of such persons may vote at the Court Meeting, either personally or by proxy, in respect of such share as if he were solely entitled thereto. However, if more than one of such joint holders be present at the Court Meeting personally or by proxy, that one of the said persons so present being the most or, as the case may be, the more senior shall alone be entitled to vote in respect of the relevant joint holding. For this purpose, seniority shall be determined by reference to the order in which the names of the joint holders stand on the register of members of the Company in respect of such joint holding, the first named shareholder being the senior.

It is requested that pink form of proxy in respect of the Court Meeting be deposited at the Hong Kong branch share registrar of the Company in Hong Kong at Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, not later than 9:30 a.m. (Hong Kong time) on Saturday, 15 July 2017 or be handed to the Chairman of the Court Meeting at the Court Meeting (who shall have absolute discretion as to whether or not to accept it), and the white form of proxy in respect of the Extraordinary General Meeting shall be deposited no later than 10:00 a.m. (Hong Kong time) on Saturday, 15 July 2017. By the Order, the Court has appointed Mr. SHENG Baijiao, an executive director of the Company, or failing him, Mr. YU Wu, also an executive director of the Company, or failing him, Mr. SHENG Fang, also an executive director of the Company, or failing him, any one of the independent non-executive directors of the Company as at the date of the Order, to act as the chairman of the Court Meeting and has directed the chairman of the Court Meeting to report the results of the Court Meeting to the Court.

The Scheme will be subject to a subsequent application seeking the sanction of the Court.

By Order of the Court

Dated 24 June 2017

Registered Office

P.O. Box 31119 Grand Pavilion Hibiscus Way

802 West Bay Road

Grand Cayman KY1-1205 Cayman Islands

Principal Place of Business in Hong Kong

9/F, Belle Tower

918 Cheung Sha Wan Road Cheung Sha Wan

Hong Kong