Lee Kee : Positive Profit Alert

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(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 637)

Positive Profit Alert

This announcement is made pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited 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 (the "Board") of Lee Kee Holdings Limited (the "Company", and together with its subsidiaries, the "Group") wishes to inform the shareholders of the Company and investors that based on the preliminary assessment of the Group's unaudited management accounts, the interim results (the "Interim Results") for the six months ended 30th September 2016 (the "Interim Period") has improved, with the Group to register a gross profit and a possible profit attributed to equity holders of the Company of around HK$11 million, compared to a gross loss and a loss attributed to equity holders of the Company of around HK$94.1 million for the six months ended 30th September 2015. The improvement in profitability was mainly due to an increase in metal prices, particularly zinc, during the Interim Period, especially against the adverse metal price trend that affected the Group's performance during the same period of last year.

The information contained in this announcement is only based on the preliminary assessment made by the Company and has not been reviewed or audited by the auditors of the Company. Further details of the Interim Results of the Group will be provided in the Company's Interim Results announcement.

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

As at the date of this announcement, the directors of the Company are Mr. CHAN Pak Chung, Ms. CHAN Yuen Shan, Clara, Ms. MA Siu Tao, Mr. CHUNG Wai Kwok, Jimmy*, Mr. HU Wai Kwok*and Mr. HO Kwai Ching, Mark*.

By Order of the Board

CHAN Pak Chung

Chairman

Hong Kong, 25th October, 2016

* Independent Non-Executive Directors