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Fragrant Prosperity Holdings Limited

("FPP" or the "Company")

Comment re share price movement

The Company notes the recent share price movement and confirms that it does not know of any reason for such movement. The Company is not in negotiations with any potential targets and is currently focused on raising additional equity capital to pursue the Company's strategy. 

There can be no certainty that this fundraise will be concluded but the Company will update the market if, and when, this changes in accordance with its obligations.

- Ends -

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