Payment of Dividend and Special Dividend

JQW plc

("JQW" or the "Group")

Payment of Dividend and Special Dividend

JQW plc, a domestic Chinese B2B e-commerce operator, is pleased to announce that the Group has today paid its maiden interim dividend of 0.2 pence per share (approximately RMB 3.9 million in total) as well as a special dividend of 5.0 pence (approximately RMB 97.7 million in total) to shareholders on the register at the close of business on Friday, 26 September 2014.

JQW continues to have a robust balance sheet. As of 30 June 2014, the Group had RMB 425 million of cash on its balance sheet. If the interim and special dividend had been paid on 30 June 2014, cash on the Group's balance sheet would still have amounted to approximately RMB 323 million. The Board recommended the special dividend based upon its careful consideration of the prospects for future growth and strong cash generation of the Group.

Cai Yongde, Chairman of JQW, commented: "We are delighted to announce that we have paid both our interim and special dividend to our shareholders today as outlined at the time of our interim results. These dividend payments, allowed by the Group's positive cash flow, clearly demonstrate the Board's continued optimism for the future growth of JQW and our commitment to the AIM market."

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About JQW plc

JQW is a leading domestic business-to-business e-commerce provider based in the Chinese province of Jiangsu. The Group's core business is its online B2B platform, www.jqw.com, which has been developed to encourage domestic trade by connecting Chinese SMEs with potential trade partners. Founded in 2004, the platform was developed to help to market Chinese SME's websites. JQW has evolved rapidly to become the second highest ranked B2B e-commerce website in China in terms of traffic and operates, what the director's believe to be, the first dedicated B2B search engine, www.jqw.cn.

JQW offers a low-cost entry point for Chinese SMEs to promote themselves and their B2B products to potential buyers. In order to increase transaction opportunities, JQW offers its clients a broad range of services including website design, commercial search services and advertising.

There are approximately 49 million SMEs in China manufacturing a diverse range of products, accounting for 60% of the country's GDP. The number of mobile internet-access users in China stood at 839 million at February 2014 and there is a considerable amount being invested into the country's telecommunications infrastructure. These factors have driven an increased demand for domestic trade of B2B, B2C and C2C e-commerce. With the majority of these SMEs requiring the use of third party B2B e-commerce platforms to promote their businesses and access trade partners, the Board believes that JQW offers a robust and highly reputable branded platform. With exposure in over 50 industry sectors and considerable scope for future growth, JQW is in a strong position to capitalise on the development of this market.

The Group recently has: