Tai Ping Carpets International : DATE OF BOARD MEETING

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TAI PING CARPETS INTERNATIONAL LIMITED

(incorporated in Bermuda with limited liability) (Stock Code: 146)

DATE OF BOARD MEETING

The board of directors (the "Board") of Tai Ping Carpets International Limited (the "Company") announces that a meeting of the Board will be held on Friday, 25 September 2020 at 21st Floor, St. George's Building, 2 Ice House Street, Central, Hong Kong for the purpose of, among other matters, approving the announcement of the final results of the Company and its subsidiaries for the eighteen months ended 30 June 2020 for publication and considering the payment of a final dividend, if any.

By order of the Board

Tai Ping Carpets International Limited

Lung Chi Sing Alex

Company Secretary

Hong Kong, 26 August 2020

As at the date of this announcement, the Directors of the Company are: Chairman and Non-executive Director - Mr. Nicholas Timothy James Colfer; Chief Executive Officer and Executive Director - Mr. Mark Stuart Worgan; Independent Non-executive Directors - Mrs. Fung Yeh Yi Hao Yvette, Mr. Roderic Noel Anthony Sage, Mr. Yung Lincoln Chu Kuen, Mr. Daniel George Green; Non-executive Directors - Mr. Tong Chi Leung David, Mr. John Jeffrey Ying, Mr. Leong Kwok Fai Nelson, Mr. Andrew Clifford Winawer Brandler.