Automated : RIGHTS ISSUE OF NOT LESS THAN 175,394,450 RIGHTS SHARES AND NOT MORE THAN 175,652,950 RIGHTS SHARES OF PAR VALUE HK$0.10 EACH AT HK$1.10 PER RIGHTS SHARE ON THE BASIS OF ONE RIGHTS SHARE FOR EVERY TWO EXISTING SHARESHELD ON THE RECORD DATE – COMMENCEMENT OF DEALINGS IN THE SHARES ON AN EX-RIGHTS BASIS (206KB PDF)

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.

This announcement appears for information purpose only and does not constitute an invitation or offer to acquire, purchase, or subscribe for any securities of the Company.

AUTOMATED SYSTEMS HOLDINGS LIMITED

(Incorporated in Bermuda with limited liability)

(Stock Code: 771) RIGHTS ISSUE OF NOT LESS THAN 175,394,450 RIGHTS SHARES AND NOT MORE THAN 175,652,950 RIGHTS SHARES OF PAR VALUE HK$0.10 EACH AT HK$1.10 PER RIGHTS SHARE ON THE BASIS OF ONE RIGHTS SHARE FOR EVERY TWO EXISTING SHARESHELD ON THE RECORD DATE COMMENCEMENT OF DEALINGS IN THE SHARES ON AN EX-RIGHTS BASIS

Reference is made to the announcement of Automated Systems Holdings Limited (the "Company") dated 12th January 2017 (the ''Announcement''). Capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement unless stated otherwise.

According to the expected timetable for the Rights Issue as set out in the Announcement, the last day of dealings in the Shares on a cum-rights basis was Thursday, 19th January 2017. The closing price per Share as quoted on the Stock Exchange on Thursday, 19th January 2017 was HK$1.35. Dealings in the Shares on an ex-rights basis shall commence on Friday, 20th January 2017.

The Rights Issue is conditional upon the Underwriting Agreement having become unconditional and the Underwriter not having terminated the Underwriting Agreement in accordance with the terms thereof. Accordingly, the Rights Issue may or may not proceed.

Dealings in Rights Shares in nil-paid form are expected to take place from Tuesday, 7th February 2017 to Tuesday, 14th February 2017 (both dates inclusive).

Any Shareholder or other person contemplating selling or purchasing the Shares and/or nil-paid Rights Shares up to the date when the conditions of the Rights Issue are fulfilled will bear the risk that the Rights Issue may not become unconditional and may not proceed. Shareholders and the public are reminded to exercise caution when dealing in the securities of the Company. Any Shareholder or other person contemplating any dealings in the Shares or nil-paid Rights Shares are recommended to consult their own professional advisers.

By Order of the Board

Automated Systems Holdings Limited Wang Yueou

Executive Director and Chief Executive Officer

Hong Kong, 19th January 2017

As at the date of this announcement, the Board comprises Mr. Wang Weihang and Mr. Wang Yueou being Executive Directors; Mr. Li Wei and Mr. Cui Yong being Non-Executive Directors; and Mr. Pan Xinrong, Mr. Deng Jianxin and Ms. Ye Fang being Independent Non-Executive Directors.