General Announcement::INSIDE INFORMATION AND TRADING HALT

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.

Fantasia Holdings Group Co., Limited

花 樣 年 控 股 集 團 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1777)

INSIDE INFORMATION

AND

TRADING HALT

This announcement is made by Fantasia Holdings Group Co., Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rule 13.09 and Rule 13.19 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the inside information provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

THE 2021 NOTES

Reference is made to the announcements of the Company dated 28 September 2016 and 20 December 2016 in relation to the issuance of an aggregate principal amount of US$500,000,000 7.375% senior notes due 2021 (the "2021 Notes"). Reference is also made to the announcements of the Company dated 20 May 2021, 31 May 2021, 2 June 2021, 17 June 2021, 30 June 2021 and 5 July 2021 in relation to the cash offer made by the Company to purchase the outstanding principal amount of the 2021 Notes (the "Tender Offers") and the announcements of the Company dated 7 September 2021 and 8 September 2021 in relation to the purchase of an aggregate outstanding principal amount of US$6,500,000 of the 2021 Notes from the open market ("Repurchased Notes"). Upon completion of the Tender Offers and cancellation of the Repurchased Notes, the remaining outstanding principal amount of the 2021 Notes is US$205,656,000.

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Under the indenture (the "Indenture") governing the 2021 Notes, all outstanding principal amount of the 2021 Notes shall be due on 4 October 2021. The Company did not make the payment on that day.

The Board and the management of the Company will assess the potential impact on the financial condition and cash position of the Group under the circumstances. The Company will continue to closely monitor the development of this matter and will make further announcement(s) if the Company is aware of any further development in this regard.

TRADING HALT

At the request of the Company, trading in the shares of the Company on the Stock Exchange was halted from 9:00 a.m. on 29 September 2021 until further notice.

By Order of the Board

Fantasia Holdings Group Co., Limited

Pan Jun

Chairman

Hong Kong, 4 October 2021

As at the date of this announcement, the executive directors of the Company are Mr. Pan Jun, Ms. Zeng Jie, Baby, Mr. Ke Kasheng, Mr. Zhang Huiming and Mr. Chen Xinyu, the non-executive director of the Company is Mr. Su Boyu, and the independent non-executive directors of the Company are Mr. Ho Man, Ms. Wong Pui Sze, Priscilla, JP and Mr. Guo Shaomu.

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