General Announcement::NEW S$1 MILLION CREDIT FACILITIES FROM FINANCIAL INSTITUTION

TUNG LOK RESTAURANTS (2000) LTD

(Incorporated in Singapore)

(Company Registration No: 200005703N)

GENERAL ANNOUNCEMENT: NEW S$1 MILLION CREDIT FACILITIES FROM FINANCIAL INSTITUTION

The Board of Directors (the "Board") of Tung Lok Restaurants (2000) Ltd (the "Company") wishes to announce that its indirect wholly-owned subsidiary, Tung Lok Central Restaurant Pte. Ltd. has procured and accepted new credit facilities amounting to S$1.0 million with a loan tenure of 5 years from United Overseas Bank Limited for its general working capital purposes.

The new credit facilities are not expected to have any material impact on the net earnings per share or net tangible assets per share of the Company for the year ending 31 March 2022.

None of our directors or controlling shareholders has any interest, direct or indirect, in the above transactions save for their shareholdings in the Company.

BY ORDER OF THE BOARD

Tjioe Ka Men

President/Chief Executive Officer

Date: 28 October 2021

This announcement has been reviewed by the Company's Sponsor, SAC Capital Private Limited (the "Sponsor"). This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited ("Exchange") and the Exchange assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Ong Hwee Li, SAC Capital Private Limited at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542. Telephone number: [phone].