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(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 886) VOLUNTARY ANNOUNCEMENT PURCHASE PRICE REDUCTION FOR WULIANGYE BAIJIU WITH 45% ALCOHOL CONTENT AND WULIANGYE BAIJIU WITH 68% ALCOHOL CONTENT

This is a voluntary announcement made by Silver Base Group Holdings Limited (the "Company", together with its subsidiaries, the "Group") to enhance the transparency of the Company.
The board ("Board") of directors (the "Directors") is pleased to announce that 銀基 貿易發 展（深圳）有限公司 (Silver Base Trading and Development (Shenzhen) Co.
Limited) ("Shenzhen Silver Base Trading"), a wholly-owned subsidiary of the Company, has entered into supplementary agreements with 宜賓五糧液酒類銷售有限責任公 司 (Yibin Wuliangye Liquor Sales Co., Ltd.*) on 17 July 2014, in relation to, amongst other matters, a purchase price reduction arrangement for Wuliangye baijiu（白 酒）with
45% alcohol content and Wuliangye baijiu with 68% alcohol content (the "Products")
supplied to the Company (the "Purchase Price Reduction Arrangement"). Pursuant to the Purchase Price Reduction Arrangement, the purchase price of the Products are reduced to the purchase price level before September 2011.
The Directors believe that the aforementioned Purchase Price Reduction Arrangement will have a possible effect to the gross profit ratio enhancement of the Group in the future. The Group's exclusive distribution right of the Products remains unchanged.
By Order of the Board

Silver Base Group Holdings Limited Liang Guoxing

Chairman

Hong Kong, 18 July 2014

As at the date of this announcement, the Board comprises Mr. Liang Guoxing (Chairman), Mr. Wang Jindong and Ms. Cheung Mei Sze as executive Directors; Mr. Wu Jie Si, Mr. Chen Sing Hung Johnny and Mr. Joseph Marian Laurence Ozorio as non-executive Directors; and Mr. Hung Sui Kwan, Mr. Ma Lishan and Mr. Lee Kwok Keung Edward as independent non-executive Directors.

* For identification purpose only

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