Fulum : SUPPLEMENTAL ANNOUNCEMENT IN RELATION TO ANNUAL REPORTS FOR THE YEAR ENDED 31 MARCH 2019 AND FOR THE YEAR ENDED 31 MARCH 2020

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Stock Code: 1443)

SUPPLEMENTAL ANNOUNCEMENT IN RELATION

TO ANNUAL REPORTS FOR THE YEAR ENDED 31 MARCH 2019

AND FOR THE YEAR ENDED 31 MARCH 2020

Reference is made to the annual reports of Fulum Group Holdings Limited (the "Company") (i) for the year ended 31 March 2019, which was published on 26 July 2019 (the "2019 Annual Report"); and (ii) for the year ended 31 March 2020, which was published on 27 July 2020 (the "2020 Annual Report").

In addition to the information provided in the 2019 Annual Report and the 2020 Annual Report, the board (the "Board") of directors (the "Directors") of the Company would like to provide further information and breakdown in relation to the other expenses of the Group for the two years ended

31 March 2020 (with comparative figures of 2018) as follows:

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	2020		2019	2018
	HK$'000	HK$'000	HK$'000
Advertising and marketing expenses	27,391	21,812	25,474
Bank charges	1,655	1,296	1,306
Cleaning and air conditioning	63,935	74,149	85,413
Consumables expenses	27,870	34,424	35,377
Credit card commission	14,094	21,111	23,415
Entertainment	3,991	3,395	2,777
Fair value loss on financial assets at FVTPL	8,233	-	-
Fair value loss on investment properties	18,051	-	-
Fair value loss on other receivables	5,357	2,546	-
Foreign exchange differences, net	19	467	-
Impairment of items of property, plant and
equipment	-	1,294	287
Impairment of trade receivables	-	2,137	-
Insurance	14,493	9,089	7,912
Legal and professional fees	12,332	11,857	11,299
Loss on disposal of items of property, plant and
equipment	769	-	-
Loss on disposal of subsidiaries	917	1,717	-
Repairs and maintenance	33,071	25,510	29,054
Reversal of impairment of other receivables	-	-	(15)
Transportation and travelling expenses	8,157	9,907	10,008
Write-off of items of property, plant and
equipment	-	277	4,287
Others	9,913	9,842	8,713
	250,248		230,830	245,307

The additional information set out above does not affect other information contained in the 2019 Annual Report and the 2020 Annual Report which shall remain unchanged.

By order of the Board

Fulum Group Holdings Limited

Yeung Wai

Chairman, Executive Director and Chief Executive Officer

Hong Kong, 11 August 2020

As at the date of this announcement, the Board comprises Mr. Yeung Wai, Mr. Yeung Yun Chuen, Mr. Yeung Yun Kei and Mr. Leung Siu Sun as executive Directors; and Mr. Fan Chun Wah Andrew, Mr. Wu Kam On Keith and Mr. Ng Ngai Man Raymond as independent non-executive Directors.

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