REXLot : DECISION OF THE LISTING REVIEW COMMITTEE AND CANCELLATION OF LISTING

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.

(In Liquidation)

(Incorporated in Bermuda with limited liability)

(Stock code: 555)

DECISION OF THE LISTING REVIEW COMMITTEE

AND

CANCELLATION OF LISTING

This announcement is made by REXLot Holdings Limited (In Liquidation) (the "Company") pursuant to Rules 13.09 of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange"), and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

References are made to the announcements of the Company dated 10 April 2019, 27 June 2019, 30 September 2019, 31 December 2019, 30 March 2020, 20 April 2020, 30 June 2020, 22 September 2020, 12 October 2020, 19 October 2020, 4 December 2020 and 9 February 2021 (collectively the "Announcements") in relation to, among other things, the suspension of trading in the shares of the Company (the "Shares"). Unless otherwise stated, capitalised terms used herein shall have the same meanings as those defined in the Announcements.

DECISION OF THE LISTING REVIEW COMMITTEE

The review hearing of the Listing Review Committee of the Stock Exchange was held on 9 April 2021 for a review of the Delisting Decision.

On 27 April 2021, the Stock Exchange notified the Company that the Listing Review Committee decided to uphold the Delisting Decision, under Rule 6.01A of the Listing Rules.

CANCELLATION OF LISTING

On 28 April 2021, the Stock Exchange issued a letter advising the Company that the last day of listing of the Shares will be 7 May 2021 (the "Last Listing Date") and the listing of the Shares will be cancelled with effect from 9:00 a.m. on 10 May 2021.

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CONSEQUENCES TO THE SHAREHOLDERS

All shareholders and investors of the Company should note that after the Last Listing Date, whilst the share certificates of the Shares will remain valid, the Shares will not be listed on, and will not be tradable on the Stock Exchange. Thereafter, the Company will no longer be subject to the Listing Rules.

Shareholders of the Company who have any queries about the implications of the cancellation of listing of the Shares are advised to obtain appropriate professional advice.

For and on behalf of

REXLot Holdings Limited

(In Liquidation)

Kan Lap Kee Hou Chung Man Joint and Several Liquidators

acting as agents without personal liabilities

Hong Kong, 4 May 2021

As at the date of this announcement, the Board comprises two executive directors namely Mr. Chan How Chung, Victor and Mr. Boo Chun Lon; one non-executive director namely Mr. Yuen Wai Ho; and one independent non-executive director namely Mr. Chow Siu Ngor.

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