TCL Communication’s Shareholders Approved Privatisation

(Hong Kong, 14 September 2016) – T.C.L. INDUSTRIES HOLDINGS (H.K.) LIMITED (the “Offeror”, being (i) controlling shareholder of TCL Communication Technology Holdings Limited; and (ii) a wholly owned subsidiary of TCL Corporation (Shenzhen Stock Exchange stock code: 000100)) and TCL Communication Technology Holdings Limited (“TCL Communication” or the “Company” which, together with its subsidiaries, the “Group”; HKSE stock code: 2618) jointly announced that the proposal for privatisation of TCL Communication by way of a scheme of arrangement (“the Scheme”) and related matters were approved at the Court Meeting and Extraordinary General Meeting (“EGM”) held today. The effectiveness of the Scheme is subject to fulfilment of the remaining conditions including obtaining sanction from the Grand Court of the Cayman Islands. Upon the Scheme becoming effective, the listing status of the Group on the Main Board of the Stock Exchange of Hong Kong Limited (“Stock Exchange”) is expected to be withdrawn at 4:00 p.m. on Friday, 30 September 2016 (Hong Kong time). Upon completion of the Scheme, TCL Communication will become a wholly-owned subsidiary of the Offeror.

At the Court Meeting, a total number of 333 Independent Shareholders who held approximately 262 million shares of TCL Communication voted in favour of the resolution to approve the Scheme, representing 98.23% and 99.67% of the number of Independent Shareholders and the number of Shares held by the Independent Shareholders that are present and voting either in person or by proxy at the court meeting; while the number of votes cast (by way of poll) against the Scheme was not more than 10% of the number of all Shares held by all of the Independent Shareholders. The resolution to approve the Scheme was approved by the Independent Shareholders.

At the EGM, (i) special resolution to approve and give effect to the Reduction resulting from the cancellation of the Scheme Shares, (ii) special resolution to approve the withdrawal of the listing of the Shares on the Stock Exchange following the Effective Date; and (iii) ordinary resolution to approve the restoration in the issued share capital of the Company to the amount prior to the cancellation of the Scheme Shares and to apply the credit arising in its books of account as a result of the Reduction to pay up in full at par and issue to the Offeror such number of new Shares as is equal to the number of Scheme Shares cancelled were also duly passed.

TCL Communication is pleased with the shareholders’ support on the privatisation and believes the proposal could provide opportunity for shareholders to realise their investment for cash at a premium. After privatisation, the Group expects higher flexibility in the company’s management, allowing the Group to manage its business in a more effective and sustainable way, thereby attaining long term development.

Unless otherwise specified, all terms used in this press release carry the same meaning as defined in the Scheme Document jointly issued by TCL Communication and the Offeror dated 22 August 2016. For details, please refer to the Scheme Document .

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About TCL Communication Technology Holdings Limited (HKSE stock code: 2618)

TCL Communication designs, manufactures and markets an expanding portfolio of mobile and internet products worldwide under two key brands – Alcatel and TCL. The Group’s portfolio of products is currently sold in China and over 160 countries throughout North America, Latin America, Europe, the Middle East, Africa and Asia Pacific. Headquartered in Shenzhen, China, TCL Communication operates its highly efficient manufacturing plant and R&D centres in various provinces and cities of the PRC. It employs around 13,500 people in China, Hong Kong and overseas.

TCL Communication is one of the few companies in Hong Kong or China who owns or licenses 2G, 2.5G, 2.75G, 3G and 4G patented technologies. It is also able to independently develop products and solutions for the GSM, GPRS, EDGE, CDMA, WCDMA, TD-SCDMA and LTE. For more information, please visit its website at http://tclcom.tcl.com.

About T.C.L. INDUSTRIES HOLDINGS (H.K.) LIMITED

T.C.L. INDUSTRIES HOLDINGS (H.K.) LIMITED is wholly owned by TCL Corporation, a limited liability company registered in the PRC and the shares of which have been listed on the Shenzhen Stock Exchange (stock code: 000100) since 2004. The group of TCL Corporation is principally engaged in the design, development, manufacturing and sale of electrical appliances and electric products and provision of internet services.

Issued by Cornerstones Communications Ltd. on behalf of TCL Communication. For further information, please contact:

Cornerstones Communications Limited

Prudence Lai / Sam Choi / Wendy Lau / Edward Siu

Tel:          (852) 2903 9291 / 2903 9289 / 2903 9286 / 2903 9299

Email:     tcl.comm@cornerstonescom.com