Emperor Capital : Voluntary Announcement – Termination of the Memorandum of Understanding in respect of Possible Formation of a Joint Venture

- 1 -

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.

(Incorporated in Bermuda with limited liability)

(Stock code: 717)

VOLUNTARY ANNOUNCEMENT

TERMINATION OF THE MEMORANDUM OF UNDERSTANDING IN RESPECT OF POSSIBLE FORMATION OF A JOINT VENTURE

This announcement is made by Emperor Capital Group Limited (the "Company" and together with its subsidiaries, the "Group") on a voluntary basis for the purpose of keeping potential investors and shareholders of the Company ("Shareholders") informed of the latest business development of the Group.

Reference is made to the announcement of the Company dated 30 November 2015 (the "Announcement") in respect of the memorandum of understanding entered into by a wholly owned subsidiary of the Company in relation to the possible formation of a joint venture company as a licensed corporation to provide full range of securities and financial services in the People's Republic of China. Unless otherwise stated herein, capitalized terms used herein shall have the same meanings as those defined in the Announcement.

The Board wishes to inform that due to their respective commercial considerations and arrangements, the parties to the MOU decided to terminate the MOU and hence negotiation with respect to the formation of the JV Company has been ceased. After termination of the MOU, parties to it are free to negotiate with any other parties on formation of similar JV Company. The Company will continue to seek opportunities in its business development in Hong Kong and the PRC.

The Board considers that the termination of the MOU has no material adverse impact on the business operation and financial position of the Group.

Shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company.

By order of the Board

Emperor Capital Group Limited Daisy Yeung

Managing Director

Hong Kong, 15 April 2016

* for identification purposes only

As at the date of this announcement, the board of Directors comprises:

Executive Directors:	Ms. Daisy Yeung
Mr. Chan Shek Wah Ms. Choi Suk Hing, Louisa
Ms. Pearl Chan
Independent Non-Executive Directors:	Mr. Chu Kar Wing
Mr. Poon Yan Wai
Ms. Wan Choi Ha