Goodbaby International Hldg : GRANT OF SHARE OPTIONS

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)

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

The board of directors (the "Board") of Goodbaby International Holdings Limited (the "Company" and together with its subsidiaries, the "Group") announces that on 30 August 2016, the Company offered to grant 5,000,000 share options (the "Share Options", each a "Share Option") to subscribe for an aggregate of 5,000,000 new shares of HK$0.01 each (the "Shares", each a "Share") in the capital of the Company, to Mr. Jan Rezab ("Mr. Rezab"), an executive Director of the Company, subject to the acceptance of Mr. Rezab, under the share option scheme adopted by the shareholders of the Company on 5 November 2010.

Details of the Share Options granted are as follows:

Date of grant: 30 August 2016 (the "Date of Grant")

Exercise price of Share Options Granted:

HK$3.87, representing the highest of (i) the official closing price of HK$3.87 per Share as stated in the daily quotation sheets issued by The Stock Exchange of Hong Kong Limited (the "Stock Exchange") on 30 August 2016, being the Date of Grant; (ii) the average closing price of HK$3.60 per Share as stated in the daily quotation sheets issued by the Stock Exchange for five trading days immediately preceding the Date of Grant; and (iii) the nominal value of the Shares.

Total number of Share Options granted:

5,000,000 Share Options (each Share Option shall entitle the holder of the Share Option to subscribe for one Share)

Closing price of the Shares on the Date of Grant:

HK$3.87

Validity period of the Share Options:

30 August 2016 to 29 August 2023

Vesting schedule of the Share Options:

Hong Kong, 30 August 2016

The 5,000,000 Share Options shall be vested in two tranches in accordance with the following dates: (i) one third of which shall be vested on the first anniversary of the Date of Grant, i.e. 30 August 2017; and (ii) the remaining of which shall be vested on the second anniversary of the Date of Grant, i.e. 30 August 2018, all of which shall lapse on the seventh anniversary of the Date of Grant, i.e. 30 August 2023.

By Order of the Board

Chairman

As at the date of this announcement, the executive Directors are Mr. SONG Zhenghuan, Mr. Martin POS, Mr. Michael Nan QU, Mr. WANG Haiye and Mr. Jan REZAB; the non-executive Director is Mr. HO Kwok Yin, Eric; and the independent non-executive Directors are Mr. Iain Ferguson BRUCE, Mr. SHI Xiaoguang and Ms. CHIANG Yun.