Top Education : GAINED REACCREDITATION AND EXTENDED ACCREDITATION TO HOBART CAMPUS WITH MAJOR AUSTRALIAN ACCOUNTING BODIES IN ALL COMMERCE COURSES CONTAINING ACCOUNTING DISCIPLINES

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TOP EDUCATION GROUP LTD

澳洲成峰高教集團有限公司

(Registered in New South Wales, Australia with limited liability)

(ACN 098 139 176) (Stock code: 1752)

TOP GAINED REACCREDITATION AND EXTENDED ACCREDITATION TO HOBART CAMPUS WITH MAJOR AUSTRALIAN ACCOUNTING BODIES IN ALL COMMERCE COURSES CONTAINING ACCOUNTING DISCIPLINES

This announcement is made by Top Education Group Ltd (the "Company" or "TOP") on a voluntary basis.

The board (the "Board") of directors (the "Directors") of the Company is pleased to announce that Australia's main professional accounting accreditation bodies, Chartered Accountants Australia and New Zealand and CPA Australia, have determined that Australian National Institute of Management and Commerce ( known as Top Education Institute) continues to meet the required accreditation standards and its professional accreditation status is successfully renewed after the comprehensive 5-year periodic reaccreditation review. At the same time, the professional accreditation of the following programs offered by TOP be extended to Hobart campus have been approved: Bachelor of International Business (BIB), Master of Professional Accounting (MPA) and Master of Professional Accounting Services (MPAS).

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By order of the Board

Top Education Group Ltd

Minshen Zhu

Chairman of the Board

Hong Kong, 03 October 2019

As at the date of this announcement, the executive Directors are Dr. Minshen Zhu (Ms. Rongning Xu as his alternate) and Ms. Sumeng Cao, the non-executive Directors are Mr. Amen Kwai Ping Lee, Mr. Thomas Richard Seymour (Mr. Kai Zhang as his alternate) and Mr. Yi Dai, and the independent non-executive Directors are Professor Weiping Wang, Professor Brian James Stoddart, Mr. Tianye Wang and Professor Steven Schwartz.

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