LifeBrandz : Notice To Warrantholders In Relation To The Warrants Adjustments

LIFEBRANDZ LTD.

(Incorporated in the Republic of Singapore) (Company Registration No.: 200311348E)

NOTICE TO WARRANTHOLDERS IN RELATION TO THE WARRANTS ADJUSTMENTS

Unless otherwise defined herein, all capitalised terms used in this announcement shall bear the same meanings as ascribed to them in the announcements made on 14, 19 and 31 December 2018 and 3

January 2019 ("Earlier Announcements").

NOTICE IS HEREBY GIVEN THAT pursuant to the terms and conditions of the Deed Poll, the Rights Issue, as disclosed in the Earlier Announcements, constitutes an event giving rise to an adjustment to the exercise price and the number of the warrants ("Warrants Adjustments"). Accordingly, the Company is hereby giving notice that the following adjustments be made to the exercise price and the number of the warrants:

Before Warrants Adjustments		After Warrants Adjustments
Exercise Price	Number of Warrants	Exercise Price	Number of Warrants
S$0.04	195,068,620	S$0.035	222,458,040

Based on 195,068,620 warrants as at the date of this notice:

• (i) warrantholders will be receiving approximately an additional 0.1404 Additional Warrants for every one (1) warrants held. The adjustment to the number of warrants held by each warrantholder will be rounded down to the nearest whole warrants, fractional entitlements to disregarded; and

• (ii) the exercise price of the warrants will be adjusted from S$0.04 to S$0.035.

On the basis of 195,068,620 warrants, the Company will accordingly issue 27,389,420 Additional Warrants (pursuant to the Warrants Adjustments, such that there is an aggregate number of 222,458,040 warrants).

The Warrants Adjustments will be effective from 18 January 2019, being the day following the Closing Date of the Rights Issue.

BY ORDER OF THE BOARD

Saito Hiroyuki

Executive Chairman / Chief Executive Officer 18 January 2019

This announcement has been prepared by the Company and reviewed by the Company's sponsor, SAC Capital Private Limited (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST 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 Ms Lee Khai Yinn (Tel: [phone]), at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.

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