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.

CARRIANNA GROUP HOLDINGS COMPANY LIMITED

(Incorporated in Bermuda with limited liability)

(Stock Code: 00126) ANNOUNCEMENT PURSUANT TO RULE 13.09 OF THE LISTING RULES AND THE INSIDE INFORMATION PROVISIONS FEASIBILITY STUDY OF POTENTIAL SPIN-OFF AND SEPARATE LISTING OF CERTAIN BUSINESS ON THE MAIN BOARD OF THE STOCK EXCHANGE OF HONG KONG LIMITED

This announcement is made by the board (the "Board") of directors (the "Directors") of Carrianna Group Holdings Company Limited (the "Company", and together with its subsidiaries the "Group") pursuant to Rule 13.09 of The Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (the "Inside Information Provisions") under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the "SFO").
On 14 January 2014, the Company has entered into a letter of engagement with a financial adviser licensed under the SFO to advise on corporate finance (the "Financial Adviser"). Pursuant to the letter of engagement, the Company engaged the Financial Adviser on an exclusive basis who shall conduct a feasibility study (the "Feasibility Study") on a potential spin-off and separate listing of (i) the property investment and development business or (ii) the restaurant, food and hotel business of the Group (the "Potential Spin-Off and Separate Listing") on the main board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange").

1

The Potential Spin-Off and Separate Listing, should it materialise, may constitute a notifiable transaction (as defined under Chapter 14 of the Listing Rules) for the Company. The Company will make further announcement(s) in relation to the Potential Spin-Off and Separate Listing in accordance with the requirements of the Listing Rules and the Inside Information Provisions as and when appropriate.
As at the date of this announcement, there is no timetable for the Potential Spin-Off and Separate Listing and no application for the Potential Spin-Off and Separate Listing has been made to the Stock Exchange. The implementation of the Potential Spin-Off and Separate Listing will be subject to, among other things, the approval of the Stock Exchange, the final decision of the Board, approval of the shareholders of the Company, the capital market conditions, and more importantly, the benefit which could be brought to the Company and its shareholders as a whole. Accordingly, shareholders and potential investors of the Company should be aware that there is no assurance that the Potential Spin-Off and Separate Listing will take place or if it does, the timing thereof.

Shareholders and potential investors of the Company should exercise caution when dealing or investing in the securities of the Company.

By order of the Board

Carrianna Group Holdings Company Limited Ng Yan Kwong

Company Secretary

Hong Kong, 15 January 2014

As at the date of this announcement, the Board comprises Mr. Ma Kai Yum (Chairman), Mr. Chan Sheung Lai, Mr. Ng Yan Kwong and Mr. Ma Hung Ming, John as executive Directors; Mr. Ma Kai Cheung as non-executive Director; and Mr. Lo Ming Chi, Charles, Mr. Lo Man Kit, Sam and Mr. Wong See King as independent non-executive Directors.

2

distributed by