Samsonite Group S.A. — Share Issue/Capital Change 2015

May 20, 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.

This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Company.

ETERNITY INVESTMENT LIMITED

(Incorporated in Bermuda with limited liability)

(Stock Code: 764)

EXPECTED TIMETABLE FOR RIGHTS ISSUE

Reference is made to the announcement of Eternity Investment Limited (the "Company") dated 15 May 2015 in relation the proposed rights issue on the basis of one new share of the Company for every one existing share of the Company held on the record date (the "Announcement"). Unless the context requires otherwise, capitalised terms used herein shall have the same meanings as defined in the Announcement.

On 20 May 2015, the Company and the Underwriter entered into a deed of variation to amend the definitions of (i) the Latest Lodging Date, (ii) the Latest Time for Acceptance, (iii) the Prospectus Posting Date and (iv) the Record Date under the Underwriting Agreement. All other terms of the Underwriting Agreement remain the same.

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The Board would like to announce that expected timetable for the Rights Issue as follows:

2015

Despatch of circular ... Friday, 26 June

Latest time for lodging transfer of Shares in order to qualify for attendance and voting at the SGM ... 4:30 p.m. on Thursday, 9 July

Closure of register of members of the Company to determine the qualification for attendance and voting at the SGM (both days inclusive) ... Friday, 10 July to Thursday, 16 July

Latest time for lodging proxy form of the SGM (not less than 48 hours prior to time of the SGM) ... 10:00 a.m. on Tuesday, 14 July

The expected date and time of the SGM ... 10:00 a.m. on Thursday, 16 July

Announcement of results of the SGM ... Thursday, 16 July

Last day of dealings in Shares on cum-entitlements basis of the Rights Issue ... Friday, 17 July

First day of dealings in Shares on ex-entitlements basis of the Rights Issue ... Monday, 20 July

Latest time for lodging transfers of Shares in order to qualify for the Rights Issue ... 4:30 p.m. on Tuesday, 21 July

Closure of register of members of the Company to determine the entitlements under the Rights Issue (both days inclusive) ... Wednesday, 22 July to Tuesday, 28 July

Record Date ... Tuesday, 28 July

Register of members reopens ... Wednesday, 29 July

Despatch of Prospectus Documents ... Wednesday, 29 July

First day of dealings in nil-paid Rights Shares ... 9:00 a.m. on Friday, 31 July

Latest time for splitting of nil-paid Rights Shares ... 4:30 p.m. on Tuesday, 4 August

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2015

Last day of dealings in nil-paid Rights Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4:00 p.m. on Friday, 7 August

Latest Time for Acceptance and payment for Rights Shares and application for excess Rights Shares. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4:00 p.m. on Wednesday, 12 August

Latest Time for Termination by the Underwriter and for conditions of the Rights Issue to become unconditional . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4:00 p.m. on Tuesday, 18 August

Announcement of the results of the Rights Issue and excess applications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Thursday, 20 August

Despatch of share certificates for Rights Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Monday, 24 August

Despatch of refund cheques if the Rights Issue is terminated. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Monday, 24 August

Expected first day of dealings in fully-paid Rights Shares on the Stock Exchange . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9:00 a.m. on Tuesday, 25 August

All times and dates stated in this announcement refer to Hong Kong local times and dates. Dates or deadlines specified in the expected timetable above are indicative only and may be extended or varied by the Company (subject to agreement by the Underwriter). Any changes to the expected timetable will be published or notified to Shareholders as and when appropriate.

Shareholders and potential investors should note that the Rights Issue is conditional upon the Underwriting Agreement having become unconditional and the Underwriter not having terminated the Underwriting Agreement in accordance with the terms thereof. Accordingly, the Rights Issue may or may not proceed.

The Shares will be dealt in on an ex-entitlements basis from Monday, 20 July 2015. Dealings in the Rights Shares in the nil-paid form will take place from Friday, 31 July 2015 to Friday, 7 August 2015 (both dates inclusive). If the conditions of the Rights Issue are not fulfilled or the Underwriting Agreement is terminated, the Rights Issue will not proceed. Any Shareholders or other persons contemplating selling or purchasing Shares and/or Rights Shares in their nil-paid form who are in any doubt about their position are recommended to consult their professional advisers. Any Shareholders or other persons dealing in Shares up to the date on which all the conditions to which the Rights Issue is subject are fulfilled (and the date on which the Underwriter's right of termination of the Underwriting Agreement ceases) and any persons dealing in the nil-paid Rights Shares during the period from Friday, 31 July 2015 to Friday, 7 August 2015 (both dates inclusive) will accordingly bear the risk that the Rights Issue may not become unconditional and may not proceed.

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Shareholders and potential investors should exercise extreme caution when dealing in the Shares and the nil-paid Rights Shares, and if they are in any doubt about their position, they should consult their professional advisers.

By Order of the Board
Eternity Investment Limited
Lei Hong Wai
Chairman

Hong Kong, 20 May 2015

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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