Samsonite Group S.A. — Share Issue/Capital Change 2009

Oct 30, 2009

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.

CHINA STAR INVESTMENT HOLDINGS LIMITED

(Incorporated in Bermuda with limited liability)

(Stock Code: 764)

GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

The board of directors (the "Board") of China Star Investment Holdings Limited (the "Company") announces that, on 30 October 2009, the Company granted 11,010,000 share options (the "Share Options") to the eligible grantees under the share option scheme of the Company adopted on 21 January 2002, subject to acceptance of the eligible grantees. The Share Options shall entitle the eligible grantees to subscribe for a total of 11,010,000 ordinary shares of HK$0.01 each (the "Shares) in the share capital of the Company. Details of the Share Options granted are as follows:

Date of grant : 30 October 2009

Exercise price of the Share Options granted : HK$0.60 per Share

Number of the Share Options granted : 11,010,000

Closing price of the Shares on the date of grant : HK$0.60 per Share

Validity period of the Share Options : 30 October 2009 to 29 October 2010

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None of the eligible grantees is director, chief executive or substantial shareholder of the Company, or their respective associates (as defined in the Listing Rules).

By Order of the Board
China Star Investment Holdings Limited
Heung Wah Keung
Chairman

Hong Kong, 30 October 2009

As at the date of this announcement, the Board comprises two executive directors namely, Mr. Heung Wah Keung and Ms. Chen Ming Yin, Tiffany; and three independent non-executive directors namely, Mr. Tang Chak Lam, Gilbert, Mr. Ho Wai Chi, Paul and Mr. Lien Wai Hung.

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