Kingboard Laminates : JOINT ANNOUNCEMENT - IN RELATION TO KINGBOARD COPPER FOIL HOLDINGS 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.

KINGBOARD CHEMICAL HOLDINGS LIMITED KINGBOARD LAMINATES HOLDINGS LIMITED 建滔化工集團有限公司 建滔積層板控股有限公司

(Incorporated in the Cayman Islands

with limited liability)

(Incorporated in the Cayman Islands

with limited liability)

(Stock Code: 148) (Stock Code: 1888)

JOINT ANNOUNCEMENT

IN RELATION TO KINGBOARD COPPER FOIL HOLDINGS LIMITED

Reference is made to the joint announcements of Kingboard Chemical Holdings Limited ("Kingboard Chemical") and Kingboard Laminates Holdings Limited ("Kingboard Laminates") dated 3 March 2017, 6 March 2017, 20 March 2017, 22 March 2017, 30 March

2017, 31 March 2017, 3 April 2017, 5 April 2017, 6 April 2017, 7 April 2017, 11 April 2017, 12 April 2017 and 25 April 2017 in relation to the voluntary unconditional cash offer (the "Offer") by Excel First Investments Limited 卓先投資有限公司 (the "Offeror") for all the issued and paid-up ordinary shares in the capital of Kingboard Copper Foil Holdings Limited ("KBCF"), other than those which are owned, controlled or agreed to be acquired by the Offeror or by parties acting in concert or deemed to be acting in concert with the Offeror in relation to the Offer.

This announcement is made by Kingboard Chemical and Kingboard Laminates pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and is being released for information purpose.

KBCF, a company incorporated in Bermuda with limited liability and the shares of which are listed on the Singapore Exchange Securities Trading Limited, is an indirect 73.55%-owned subsidiary of Kingboard Laminates. In turn, Kingboard Laminates is a 68.66%-owned subsidiary of Kingboard Chemical. Both Kingboard Chemical and Kingboard Laminates are companies listed on the Main Board of The Stock Exchange of Hong Kong Limited.

The following is a reproduction of the announcement published on the website of www.sgx.com of Singapore Exchange Securities Trading Limited under KBCF on 25 April 2017 in relation to the Offer.

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VOLUNTARY UNCONDITIONAL CASH OFFER FOR KINGBOARD COPPER FOIL HOLDINGS LIMITED

All capitalized terms used herein shall, unless otherwise defined, shall have the same meanings given to them in the Offer Document dated 20 March 2017 in relation to the Offer.

Dear Shareholder,

Religare Capital Markets Corporate Finance Pte. Limited ("Religare"), for and on behalf of Excel First Investments Limited ("Offeror"), would like to remind the shareholders of Kingboard Copper Foil Holdings Limted ("Company") of the key dates and information in relation to the Offer:

1. On 3 March 2017, Religare announced for and on behalf of the Offeror, the voluntary unconditional cash offer to acquire the Offer Shares at an offer price of S$0.40 per Offer Share.

2. The Offer Document containing the relevant acceptance form has been despatched to you on 20 March 2017.

3. On 31 March 2017, Religare announced for and on behalf of the Offeror, the Offer Price of S$0.40 is final and that the Offeror will not be revising the Offer Price.

4. The circular issued by the Company has been despatched to you on 3 April 2017.

5. The closing date of the Offer has been extended from 5.30 p.m. on 17 April 2017 to 5.30 p.m. on

2 May 2017.

If you wish to tender all or part of your Shares, please return your acceptance form by 5.30PM (Singapore time) on 2 May 2017 as there will be no further extension.

The completed and signed acceptance form can be delivered to the CDP by hand or by post, as per the procedures for acceptance of the Offer set out in the Offer Document and acceptance form previously mailed to you.

If you have lost or misplaced your acceptance form, you can contact the CDP at (65) 6535 7511 during office hours for a replacement acceptance form.

If you are in any doubt about the Offer, you should consult your stockbroker, bank manager, solicitor, accountant, tax adviser or other professional adviser immediately.

If you need assistance, please contact the financial adviser at the following during office hours:

Religare Capital Markets Corporate Finance Pte. Limited

Jeffrey Wong

Head of Investment Banking Tel: [phone]

……………………………………………………………………………………………………………………….

Responsibility Statement

The directors of the Offeror, Kingboard Laminates and Kingboard Chemical (including any who may have delegated detailed supervision of this notice) have taken all reasonable care to ensure that the facts stated and all opinions expressed in this notice are fair and accurate and that no material facts have been omitted from this notice, and they jointly and severally accept responsibility accordingly.

Where any information has been extracted or reproduced from published or publicly available sources (including without limitation in relation to the Group), the sole responsibility of the directors of the Offeror, Kingboard Laminates and Kingboard Chemical has been to ensure through reasonable enquiries that such information is accurately extracted from such sources or, as the case may be, reflected or reproduced in this notice.

BY ORDER OF THE BOARD

Kingboard Chemical Holdings Limited Lo Ka Leong

Company Secretary

BY ORDER OF THE BOARD

Kingboard Laminates Holdings Limited Leung Yu Hin

Company Secretary

Hong Kong, 25 April 2017

As at the date of this announcement, the board of directors of Kingboard Chemical consists of Messrs. Cheung Kwok Wing, Chang Wing Yiu, Cheung Kwong Kwan, Ho Yin Sang, Cheung Wai Lin, Stephanie, Cheung Ka Shing and Chen Maosheng, being the executive directors, Messrs. Cheng Wai Chee, Christopher, Cheung Ming Man, Chong Kin Ki and Leung Tai Chiu, being the independent non-executive directors.

As at the date of this announcement, the board of directors of Kingboard Laminates consists of Messrs. Cheung Kwok Wa, Cheung Kwok Keung, Cheung Kwok Ping, Lam Ka Po, Cheung Ka Ho, Liu Min and Zhou Pei Feng, being the executive directors, Mr. Lo Ka Leong, being the non-executive director, and Messrs. Leung Tai Chiu, Ip Shu Kwan, Stephen, Zhang Lu Fu and Lau Ping Cheung, Kaizer, being the independent non-executive directors.

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