Kingston Financial : 01/10/2018 VOLUNTARY ANNOUNCEMENT

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.

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KINGSTON FINANCIAL GROUP LIMITED

(Incorporated in Bermuda with limited liability)

(Stock Code: 01031)

VOLUNTARY ANNOUNCEMENT

This announcement is made by Kingston Financial Group Limited (the ''Company'' ) on a voluntary basis.

The Company noted that there have been some media reports appearing to draw inferences based on information stated on the notice (the ''Notice'') issued by the Securities and Futures Commission (the ''Commission'') dated 17 September 2018 under sections 204 and 205 of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong) (the ''SFO'') regarding prohibition on some securities accounts (the ''Incident'').

The board (the ''Board'') of directors (the ''Directors'') of the Company would like to clarify that (i) the assets referred to under the Incident are strictly related to a client's assets only, and not the Company and its subsidiaries' (the ''Group'') assets; (ii) the Incident is related to independent matters of a client of Kingston Securities Limited; and (iii) the value of the subject assets under those securities accounts with Kingston Securities Limited only accounts for a relatively small proportion of the total amount as quoted by the media from the Notice.

Kingston Securities Limited, the wholly owned subsidiary of the Company, as a corporation licensed by the Commission under the SFO, owes the duty of confidentiality to its clients and therefore the Group is not in a position to disclose any further information relating to the Incident to the public.

The Board is of the view that the Incident does not have any substantial impact on the financial or operating position of the Group.

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

By Order of the Board

Kingston Financial Group Limited

Chu, Nicholas Yuk-yui

Chairman

Hong Kong, 1 October 2018

As at the date of this announcement, the executive Directors are Mr. Chu, Nicholas Yuk-yui (Chairman), Mrs. Chu Yuet Wah (Chief Executive Officer), Mr. Chu, Kingston Chun Ho and Mr. Ho Chi Ho and the independent non-executive Directors are Dr. Wong Yun Kuen, Mr. Lau Man Tak and Ms. Lo Miu Sheung Betty.