(900193689)_(2)_HKTV - Announcement (01.04.2015)

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.

CLARIFICATION ANNOUNCEMENT

Reference is made to a recent news report made by Asia Television Limited ("ATV") regarding the possible involvement of Hong Kong Television Network Limited (the "Company") in ATV (the "Possible Transaction").
The board of directors of the Company (the "Board") made enquiry with Mr. Wong Wai Kay, Ricky ("Mr. Ricky Wong") who confirmed that he did meet with Mr. Wong Ching once on 26
March 2015 to exchange and discuss preliminary ideas on how assistance may be provided to assist in the operations of ATV and the renewal of its domestic free television programme service licence. No agreement or agreement in principle has been reached by Mr. Ricky Wong, whether or not on behalf of the Company with anyone with regard to the Possible Transaction. In particular, the Company has not entered into any discussions with the Joint and Several Managers of ATV appointed by the High Court of Hong Kong Special Administrative Region.

Shareholders of the Company and/or investors are advised to exercise caution when dealing in the Company's securities.

By Order of the Board

Hong Kong Television Network Limited Wong Wai Kay, Ricky Chairman

Hong Kong, 1 April 2015

As at the date of this announcement, the Executive Directors of the Company are Mr. Wong Wai Kay, Ricky (Chairman), Mr. Cheung Chi Kin, Paul (Vice Chairman), Ms. To Wai Bing (Chief Executive Officer), Ms. Wong Nga Lai, Alice (Chief Financial Officer); and the Independent Non-executive Directors are Mr. Lee Hon Ying, John, Mr. Peh Jefferson Tun Lu and Mr. Mak Wing Sum, Alvin.

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