SIM Technology : CLOSURE OF REGISTER OF MEMBERS

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.

SIM TECHNOLOGY GROUP LIMITED ોৃ߅ҦණྠϞࠢʮ̡ *

(Incorporated in Bermuda with limited liability)

(Stock code: 2000)

CLOSURE OF REGISTER OF MEMBERS

Reference is made to the announcement of SIM Technology Group Limited (the "Company") dated 21

December 2017 (the "Announcement") in respect of a sale and purchase agreement dated 21 December 2017 (the "Sale and Purchase Agreement") entered into among the Company, Simcom International Holdings Limited, ଉέ˚ऎஷৃҦஔٰ΅Ϟࠢʮ̡ (Shenzhen Sunsea Communication Technology Co.,

Ltd.*), Shanghai Simcom Electronic Limited ( ɪऎڃஷཥɿϞࠢʮ̡ ) and Shanghai Simcom Wireless

Solutions Limited ( ڃৃஷೌᇞ߅Ҧ€ɪऎϞࠢʮ̡ ), and the transactions contemplated under the Sale and Purchase Agreement.

Capitalised terms used in this announcement have the same meanings as defined in the Announcement unless the context otherwise requires.

The Company issues a circular on 18 January 2018 containing, among others, (1) details of the Sale and Purchase Agreement and the Transaction; and (2) the notice of SGM to be held on Tuesday, 13 February 2018.

The board of directors of the Company (the "Board") announces that the register of members of the Company will be closed from Thursday, 8 February 2018 to Tuesday, 13 February 2018, both days inclusive, during which period no transfer of shares of the Company will be registered.

In order to be eligible to attend and vote at the SGM to be held on Tuesday, 13 February 2018, all properly completed transfer forms accompanied by the relevant share certificates must be lodged with the branch share registrar and transfer office of the Company in Hong Kong, Computershare Hong Kong Investor Services Limited at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, not later than 4:30 p.m. on Wednesday, 7 February 2018.

The record date for determining eligibility of the shareholders of the Company to attend and vote at the SGM is Tuesday, 13 February 2018.

By Order of the Board SIM Technology Group Limited

Wong Cho Tung

Director

18 January 2018

As of the date of this announcement, the executive directors of the Company are Ms Yeung Man Ying, Mr Wong Cho Tung, Ms Tang Rongrong, Mr Chan Tat Wing, Richard and Mr Liu Jun, and the independent non-executive directors of the Company are Mr Liu Hing Hung, Mr Wang Tianmiao and Mr Wu Zhe.

*

For identification purposes only