Top Education : CLARIFICATION ANNOUNCEMENT NOTICE OF ANNUAL GENERAL MEETING

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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)

CLARIFICATION ANNOUNCEMENT

NOTICE OF ANNUAL GENERAL MEETING

Reference is made to the notice of the annual general meeting (the "AGM") of Top Education Group Ltd (the "Company") dated 29 October 2019 (the "Notice of AGM"), the circular of the Company containing the Notice of AGM dated 29 October 2019 (the "AGM Circular") and the proxy form for the AGM accompanied thereto (the "Proxy Form"). Unless otherwise specified, capitalised terms used in this announcement have the same meanings as those defined in the AGM Circular.

The Board wishes to clarify that there is a typographical error in the name order of the non-executive director in the resolution No. 3(d) of the Notice of AGM (English version), and the correct name of the non-executive director to be re-elected is "Mr. Yi Dai". Accordingly, resolution No. 3(d) in the Notice of AGM (English version) should be amended as follows:

"(d) to re-elect Mr. Yi Dai as non-executive director of the Company; and"

The Company also confirms that, except as clarified above, all other contents of the Notice of AGM, the AGM Circular and the Proxy Form are correct and remain unchanged. This clarification announcement is supplemental to and should be read in conjunction with the Notice of AGM, the AGM Circular and the Proxy Form and in that connection the existing

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English and Chinese versions of the Notice of AGM (except as clarified above), the AGM Circular and the Proxy Form in the form as they are now in will continue to be valid. The Proxy Form which have been despatched for the purpose of the AGM will remain valid for use for the AGM.

By order of the Board

Top Education Group Ltd

Minshen Zhu

Chairman of the Board

Hong Kong, 4 November 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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