Samsonite Group S.A. — M&A Activity 2015

Nov 6, 2015

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.

ETERNITY INVESTMENT LIMITED

(Incorporated in Bermuda with limited liability)

(Stock Code: 764)

COMPLETION OF

MAJOR TRANSACTION - DEEMED DISPOSAL OF

SHAREHOLDING INTEREST IN EDS WELLNESS HOLDINGS LIMITED

References are made to (i) the announcement jointly published by Xing Hang Limited, EDS Wellness Holdings Limited and Eternity Investment Limited (the "Company") dated 15 April 2015 and the circular of the Company dated 8 October 2015 (the "Circular") in relation to, among others, the Subscription Agreement and the transactions contemplated thereunder, and the Deemed Disposal; and (ii) the announcement of the Company dated 30 October 2015 in relation to the poll results of the special general meeting of the Company. Capitalised terms used herein shall have the same meanings as those defined in the Circular unless stated otherwise.

The Board is pleased to announce that all of the conditions precedent under the Subscription Agreement have been fulfilled and the Completion took place on 6 November 2015.

As at the date of this announcement, the Group held 52,500,000 Ordinary EDS Shares. As a result of the Completion, the Group's shareholding interest in EDS was diluted from approximately $70.18\%$ immediately prior to the Completion to approximately $12.51\%$ as at the date of this announcement. Following the Completion, EDS ceases to be a subsidiary of the Company and the financial results of EDS will no longer be consolidated into the consolidated financial statements of the Group. The 52,500,000 Ordinary EDS Shares held by the Group will be accounted for as available-for-sale financial assets of the Group.

By Order of the Board

Eternity Investment Limited

Lei Hong Wai

Chairman

Hong Kong, 6 November 2015

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As at the date of this announcement, the Board comprises four executive Directors, namely, Mr. Lei Hong Wai, Mr. Cheung Kwok Wai, Elton, Mr. Chan Kin Wah, Billy and Mr. Cheung Kwok Fan; and three independent non-executive Directors, namely, Mr. Wan Shing Chi, Mr. Ng Heung Yan and Mr. Wong Tak Chuen.

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