Update on Arbitration Process

23 October 2014

UniVision Engineering Limited

("UniVision" or the "Company")

Update on Arbitration Process relating to Zhongshan Shopping Mall

UniVision, the AIM quoted, Hong Kong based designer and installer of digital surveillance, announces that it has been advised that the Guangzhou Arbitration Commission will resume the process of arbitration on 29 October, 2014.

Further updates will be provided to shareholders as appropriate.

For further information visit www.uvel.com or contact:

UniVision Engineering Limited    Tel: +852 2389 3256

Stephen Koo, Chairman www.uvel.com

Chun Pan Wong, Chief Executive Officer

Danny Kwok Fai Yip, Finance Director

Nicholas Lyth, Non-Executive Director +44 (0) 7769 906686

ZAI Corporate Finance Limited

(Nominated Adviser and Broker) Tel: +44 (0)20 7060 2220

Richard Morrison/ Slav Slavinski www.zaicf.com