Oriental Watch Holdings Limited provided earnings guidance for the year ended March 31, 2015. The company announced that based on the unaudited consolidated results of the company and its subsidiaries for the year ended March 31, 2015, it is expected that the group's profit for such year will be substantially lower than that for the year ended March 31, 2014 mainly as a result of a decrease in turnover and drop in gross profit margin due to the adverse effect of the slow down in growth of Mainland China's economy and decrease in its tourists' spending. The information contained in this announcement is based only on the management's preliminary assessment after reviewing the unaudited consolidated management accounts of the group for the year ended March 31, 2015, which are currently under review by the company's auditors.