Statement regarding Share Price

JQW plc

("JQW" or the "Group")

Statement regarding Share Price

 The Directors of JQW plc, a domestic Chinese B2B e-commerce operator, note the recent fall in the Company's share price and are not aware of any reason for this decline from a corporate perspective.

The Directors are pleased with the performance of the Group in the current financial year and confirm that JQW continues to trade in line with current market expectations.

The Board notes that the restrictions under the Lock-In and Orderly Market Agreements as set out in the Admission Document dated 9 December 2013 have now changed with effect from yesterday. Pursuant to the terms of these agreements, the Company's Nominated Adviser has today received a request from one of the orderly market parties for consent to sell approximately 2 million shares in the Company.

In the meantime, the Company will continue to monitor its share register and will notify the market if it becomes aware of any further breaches of the Lock-In and Orderly Market Agreements.

- Ends -

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