Skyway Securities : EXPIRY OF SUBSCRIPTION RIGHTS ATTACHING TO THE WARRANTS

THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION

If you are in any doubt as to any aspect of this circular or as to the action to be taken, you should consult your stockbroker or other registered dealer in securities, bank manager, solicitor, professional accountant or other professional adviser.

If you have sold or transferred all your securities in Skyway Securities Group Limited, you should at once hand this circular to the purchaser or the transferee or to the bank, stockbroker or other agent through whom the sale was effected for transmission to the purchaser or the transferee.

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this circular, 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 circular.

(Incorporated in Bermuda with limited liability)

(Stock Code: 1141) (Warrant Code: 1153)

As at the date of this circular, the Board comprises the following Directors:

Executive Directors:

Ms. Lin Yuehe (Chairlady)

Mr. Wang Haixiong (Chief Executive Officer)

Independent Non-executive Directors:

Mr. Chan Kwan Pak Mr. Siu Gee Tai

Mr. Siu Siu Ling Robert

Registered Office: Clarendon House 2 Church Street Hamilton HM11 Bermuda

Head office and principal place of business in Hong Kong:

Units 6601A and 6607-6608

Level 66, International Commerce Centre 1 Austin Road West

Kowloon, Hong Kong

Hong Kong, 9 January 2017

To the Warrantholders and, for information only, the shareholders of the Company

Dear Sir or Madam,

EXPIRY OF SUBSCRIPTION RIGHTS ATTACHING TO THE WARRANTS

The board of directors (the "Board") of Skyway Securities Group Limited (the "Company") wishes to remind the holders of the bonus warrant(s) (the "Warrantholders") issued by the Company (warrant code: 1153) (the "Warrant(s)") entitling holders thereof to subscribe for new shares of HK$0.01 each in the capital of the Company (the "Share(s)") at the subscription price of HK$0.10 per Share (subject to adjustments) that in accordance with the terms and conditions of the instrument dated 12 February 2016 constituting the Warrants, the subscription rights attaching to the Warrants (the "Subscription Rights") will expire at 4:00 p.m. (Hong Kong time) on Monday, 13 February 2017. Thereafter, any Subscription Rights which have not been exercised by 4:00 p.m. on 13 February 2017 will lapse and certificates of the Warrants will cease to be valid for any purpose.

* For identification purposes only

In respect of the expiry of the Subscription Rights attaching to the Warrants, the Company has made the following arrangements regarding the dealings and transfers of the Warrants:

1. The last trading day of the Warrants on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") will be Wednesday, 8 February 2017 and trading of the Warrants on the Stock Exchange will close after 4:00 p.m. on Wednesday, 8 February 2017. The listing of the Warrants will be withdrawn from the Stock Exchange with effect from 4:00 p.m. on Monday, 13 February 2017, and an application has been made to the Stock Exchange for the withdrawal of listing of the Warrants with effect from 4:00 p.m. on Monday, 13 February 2017.

2. The registered holders of the Warrants who wish to exercise their Subscription Rights must lodge with the Company's share registrar, Tricor Tengis Limited at Level 22, Hopewell Centre,

   183 Queen's Road East, Hong Kong (the "Share Registrar") the following documents by no later than 4:00 p.m. on Monday, 13 February 2017:

3. the relevant certificate(s) of the Warrants;

4. the duly completed and signed subscription forms; and

5. remittances for the relevant subscription moneys.

6. Holders of the Warrants who have not registered their holdings in Warrants under their own names and wish to exercise in whole or in part of any of their Subscription Rights must lodge with the Share Registrar at the above-mentioned address the following documents by no later than 4:00 p.m. on Monday, 13 February 2017:

7. the relevant duly executed and stamped instruments of transfer and/or other documents of title;

8. the relevant certificate(s) of the Warrants;

9. the duly completed and signed subscription forms; and

10. remittances for the relevant subscription moneys.

Subscription forms and the relevant accompanying documentation lodged with the Share Registrar later than 4:00 p.m. on Monday, 13 February 2017 will not be accepted.

Shares to be issued pursuant to the exercise of the Subscription Rights will rank pari passu in all respects with the then existing issued Shares. Under the terms of the instrument of the Warrants, new Shares will be allotted and issued not later than 28 days after the date of the exercise of the Subscription Rights.

The closing prices of the Shares and the Warrants on the Stock Exchange on 4 January 2017 (being the latest practicable date prior to the printing of this circular) were HK$0.217 per Share and HK$0.112 per Warrant respectively.

The Warrantholders who are in any doubt as to their position or the action to be taken should consult their stockbroker, bank manager, solicitor, professional accountant and/or other professional adviser.

Yours faithfully,

By order of the Board

Skyway Securities Group Limited LIN Yuehe

Chairlady