Cosmos Machinery Enterprises : Clarification Announcement in respect of the Form of Proxy for the 2019 Annual General Meeting and any adjournment thereof

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.

(Incorporated in Hong Kong with limited liability)

(Stock Code: 118)

CLARIFICATION ANNOUNCEMENT

IN RESPECT OF THE FORM OF PROXY

FOR THE 2019 ANNUAL GENERAL MEETING AND

ANY ADJOURNMENT THEREOF

References are made to the notice (the "Notice") of the annual general meeting (the "AGM") of Cosmos Machinery Enterprises Limited (the "Company") dated 16 April 2019 and the form of proxy accompanied thereto (the "Proxy Form"). Unless otherwise indicated, capitalized terms used herein have the same meanings as those defined in the Notice.

The board of directors (the "Board") of the Company wishes to clarify that there is an inadvertent typographical error in the Proxy Form. Ordinary resolution no. 6B stated in the Proxy Form should be replaced by the following:-

"To pass Resolution 6B of the Notice - to add conditional upon the passing of ordinary resolution 6A above, the number of issued shares bought-back to the general mandate given to the directors to allot additional shares."

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Save as disclosed in this announcement, the other contents of the Proxy Form remain unchanged and the Proxy Forms which have been despatched for the purpose of AGM will remain valid for use for the AGM.

By order of the Board

Cosmos Machinery Enterprises Limited

TANG To

Chairman

Hong Kong, 23 April 2019

As at the date of hereof, the Board is comprised of ten directors, of which four are executive directors, namely Mr. Tang To, Mr. Wong Yiu Ming, Mr. Tang Yu, Freeman and Mr. Mei Zheqi and two are non-executive directors, namely Mr. Kan Wai Wah and Mr. Qu Jinping and four are independent non-executive directors, namely Ms. Yeung Shuk Fan, Mr. Cheng Tak Yin, Mr. Ho Wei Sem and Mr. Huang Zhi Wei.

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