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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.


WINSWAY ENTERPRISES HOLDINGS LIMITED

永 暉 實 業 控 股 股 份 有 限 公 司

(formerly known as ''WINSWAY COKING COAL HOLDINGS LIMITED 永暉焦煤股份有限公司'')

(Incorporated in the British Virgin Islands with limited liability)

(Stock Code: 1733) ANNOUNCEMENT RECENT DEVELOPMENT

This announcement is made by Winsway Enterprises Holdings Limited (the ''Company'', together with its subsidiaries, the ''Group'') pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ''Stock Exchange'') and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).


The board of directors of the Company (the ''Board'') would like to provide an update on certain recent developments in relation to the Group.

DELAY IN COUPON PAYMENT


Reference is made to the announcements of the Company dated 8 April 2015, 8 May 2015 and 2 October 2015 respectively (the ''Announcements'') in relation to, among other things, the non-payment of the scheduled interest due on 8 April 2015 of the US$500,000,000 8.50% senior notes due 2016 issued by the Company on 8 April 2011 of which approximately US$309,310,000 in principal amount currently remain outstanding (the ''Senior Notes'') and the extension of the Standstill Agreement until 15 October 2015. Capitalised terms used herein shall have the same meaning ascribed to them in the Announcements unless otherwise specified.


Under the terms of the Indenture, the Senior Notes bear interest at a rate of 8.50% per annum which is payable semi-annually in arrears on 8 April and 8 October of each year, commencing on 8 October 2011. The Board announces that the Company has not made the Interest Payment of approximately US$13.15 million which was due on 8 October 2015 as well as not having made the interest payment due 8 April 2015, which remains outstanding.

The discussions with the Bondholders about the Debt Restructuring still ongoing and the Company will make a further announcement regarding the Interest Payment and its ongoing discussions with the Bondholders and other relevant parties when appropriate.


There is no assurance that the discussions with the Bondholder Group will lead to a proposal acceptable to the Bondholder Group or the Bondholders more generally or whether discussions with any potential investors can be progressed to any positive conclusion. Accordingly, there is no assurance that the Debt Restructuring will be successfully concluded. Shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company, and if in any doubt, they should consult their professional advisers.

By Order of the Board

Winsway Enterprises Holdings Limited Cao Xinyi

Company Secretary


Hong Kong, 9 October 2015


As at the date of this announcement, the executive directors of the Company are Mr. Wang Xingchun, Ms. Zhu Hongchan, Ms. Ma Li, Mr. Wang Changqing and Mr. Andreas Werner, the non-executive director of the Company is Mr. Lu Chuan and the independent non- executive directors of the Company are Mr. James Downing, Mr. Ng Yuk Keung, Mr. Wang Wenfu and Mr. George Jay Hambro.

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