Min Xin : REVISED EXPECTED TIMETABLE FOR THE (1) PROPOSED RIGHTS ISSUE OF 137,828,596 RIGHTS SHARES AT HK$6 PER RIGHTS SHARE ON THE BASIS OF THREE RIGHTS SHARES FOR EVERY TEN EXISTING SHARES HELD ON THE RECORD DATE (2) APPLICATION FOR WHITEWASH WAIVER AND (3) CLOSU

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.

This announcement is made for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities of the Company.

閩信集團有限公司

(Incorporated in Hong Kong with limited liability)

(Stock code: 222)

1. PROPOSED RIGHTS ISSUE OF 137,828,596 RIGHTS SHARES AT HK$6 PER RIGHTS SHARE ON THE BASIS OF THREE RIGHTS SHARES FOR EVERY TEN EXISTING SHARES HELD ON THE RECORD DATE
2. APPLICATION FOR WHITEWASH WAIVER AND
3. CLOSURE OF REGISTER OF MEMBERS

Reference is made to the announcement of Min Xin Holdings Limited (the "Company") dated 17 March 2017 in relation to, among other things, the proposed Rights Issue, the Underwriting Agreement and the Whitewash Waiver (the "Announcement") and the announcement of the Company dated 7 April 2017 in relation to the delay in despatch of circular (the "Delay in Despatch Announcement"). Unless otherwise stated, capitalised terms used herein shall bear the same meanings as those defined in the Announcement.

Shareholders should note that as a result of the change in the expected timetable:

1. the register of members of the Company will be closed from Thursday, 27 April 2017 to Thursday, 4 May 2017 (both days inclusive) for determining the identity of the Shareholders entitled to attend and vote at the EGM;

2. the latest time for lodging transfer of the Shares in order to qualify for attending and voting at the EGM will be 4:30 p.m. on Wednesday, 26 April 2017;

3. the register of members of the Company will be closed from Thursday, 11 May 2017 to Wednesday, 17 May 2017 (both days inclusive) for determining the entitlements to the Rights Issue; and

4. the latest time for lodging transfer of the Shares in order to qualify for the Rights Issue will be 4:30 p.m. on Wednesday, 10 May 2017.

No transfer of Shares will be registered during the above book closure periods.

As a result of the revisions to the expected timetable of the Rights Issue as set out in the Delay in Despatch Announcement, on 10 April 2017, (i) the Company and Vigour Fine entered into a supplemental underwriting agreement; and (ii) Vigour Fine gave a supplemental irrevocable undertaking to reflect the changes to the relevant dates for the Rights Issue as referred to in the Underwriting Agreement and the Irrevocable Undertaking. Save for such amendments, the terms and conditions of the Underwriting Agreement, and the content of the Irrevocable Undertaking remain substantially unchanged. The terms and conditions of the Rights Issue, including the Subscription Price and the basis of the Rights Issue, have not otherwise changed.

By order of the Board

Executive Director and General Manager

Hong Kong, 10 April 2017

As at the date of this announcement, the Executive Directors of the Company are Messrs Peng Jin Guang (Chairman), Wang Fei (Vice Chairman) and Liu Cheng; the Non-executive Directors are Messrs Liu Lun and Hon Hau Chit; and the Independent Non-executive Directors are Messrs Ip Kai Ming, Sze Robert Tsai To, So Hop Shing and Cheung Man Hoi.

The Directors of the Company jointly and severally accept full responsibility for accuracy of the information contained in this announcement and confirm, having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement, the omission of which would make any statement in this announcement misleading.