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.

NAGACORP LTD.

金界控股有限公司

(Incorporated in the Cayman Islands with limited liability)

Stock Code: 3918 VOLUNTARY ANNOUNCEMENT INTEGRATED CASINO RESORT IN THE REPUBLIC OF CYPRUS

In March 2016, the Steering Committee for the Licensing Procedure for a Single Integrated Casino Resort in the Republic of Cyprus informed the Company that it is one of three selected candidates invited to the second stage of the licensing procedure - Request for Proposal (the "RFP"). After deliberation, the Company wishes to announce that it will not be participating in the RFP.

NagaCorp Ltd. (the "Company") was informed in March 2016 that the Steering Committee for the Licensing Procedure for a Single Integrated Casino Resort in the Republic of Cyprus that it is one of three selected candidates invited to the second stage of the licensing procedure

- Request for Proposal (the "RFP").

After careful review and given all the latest information available to us, the board of directors of the Company wishes to inform that the Company will not be participating in the RFP and the decision made is in the best interest of our shareholders and the Company. The Company shall continue to evaluate and pursue other business opportunities.

By Order of the Board

NagaCorp Ltd. Timothy Patrick McNally

Chairman

Hong Kong, 28 September 2016

As at the date of this announcement, the directors of the Company are:

Executive Directors

Tan Sri Dr Chen Lip Keong, Philip Lee Wai Tuck, Chen Yiy Fon and Chen Yepern

Non-executive Director

Timothy Patrick McNally

Independent Non-executive Directors

Tan Sri Datuk Seri Panglima Abdul Kadir Bin Haji Sheikh Fadzir, Lim Mun Kee and Michael Lai Kai Jin

Please also refer to the electronic version of this announcement published on the Company's website.

Nagacorp Ltd. published this content on 28 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 28 September 2016 08:50:09 UTC.

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