Result of Annual General Meeting & General Meeting

FLYING BRANDS LIMITED

("Flying Brands" or the "Company")

Result of Annual General Meeting and General Meeting

The Directors of Flying Brands are pleased to announce that, at the annual general meeting and the general meeting of the Company held today, all of the proposed resolutions were duly passed.

The Directors are also pleased to announce that, at the general meeting of Flying Brands (Holdings) UK plc ("FB UK") held today, the proposed resolution to, inter alia, make certain changes to its articles of association in order to "de-staple" the A ordinary shares of £0.00005 in FB UK from the Company's Ordinary Shares of £0.01 each, was duly passed.

Accordingly, the existing listing of Units in the Company will be cancelled immediately before 8.00 a.m. on 16 June 2017 and admission of Ordinary Shares of £0.01 each in the capital of the Company will become effective and dealings will commence at 8.00 a.m. on 16 June 2017.

The Directors of the Company accept responsibility for the contents of this announcement.

**ENDS**

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