Lifestyle International : Redemption of Bonds at Maturity by Ls Finance Limited

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.

LIFESTYLE INTERNATIONAL HOLDINGS LIMITED

利 福 國 際 集 團 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1212)

REDEMPTION OF BONDS AT MATURITY BY LS FINANCE (2017) LIMITED

(Bond Stock Code: 4530)

Reference is made to the announcements of Lifestyle International Holdings Limited (the ''Company'', together with its subsidiaries collectively the ''Group'') dated 26 January 2012 and 15 March 2012 respectively in relation to the issue and listing on The Stock Exchange of Hong Kong Limited (the ''Stock Exchange'') of the 5.25% guaranteed bonds in the aggregate principal amount of U.S.$500,000,000 (the ''Bonds'') by LS Finance (2017) Limited, the Company's wholly-owned subsidiary.

The board of directors of the Company wishes to inform the shareholders of the Company that the Group has on 26 January 2017 redeemed the Bonds upon maturity. Accordingly, the listing of the Bonds will be withdrawn from the Stock Exchange.

The above redemption of the Bonds has been funded wholly by the Group's internal resources. The Company considers that the redemption of the Bonds has caused no material impact to the Group's financial position or liquidity.

By order of the Board

Lifestyle International Holdings Limited Poon Fuk Chuen

Company Secretary

Hong Kong, 26 January 2017

As at the date of this announcement, the board of directors of the Company comprises one executive director, namely, Ms. Lau Kam Shim; three non-executive directors, namely Mr. Lau Luen Hung, Thomas, Mr. Doo Wai Hoi, William and Ms. Lau Yuk Wai, Amy; and four independent non-executive directors, namely, Mr. Lam Siu Lun, Simon, The Hon. Shek Lai Him, Abraham, Mr. Hui Chiu Chung and Mr. Ip Yuk Keung.