AGBA Acquisition Limited Announces that Ordinary Shares, Warrants and Rights to Commence Separate Trading on or about July 15, 2019

NEW YORK,July 13,2019 -- AGBA Acquisition Limited ("the Company" or "AGBA") (NASDAQ:AGBAU),a blank check company formed for the purpose of entering into a merger,share exchange,asset acquisition,stock purchase,reorganization or similar business combination with one or more businesses,today announced that holders of the Company's units may elect to separately trade the ordinary shares,warrants and rights included in its units commencing on or about July 15,2019.

The ordinary shares,warrants and rights will trade on the NASDAQ Capital Market ("NASDAQ") under the symbols AGBA,AGBAW and AGBAR,respectively. Units not separated will continue to trade on NASDAQ under the symbol AGBAU. After separation,the ordinary shares,warrants and rights may be recombined to create units.

About AGBA Acquisition Limited

AGBA Acquisition Limited is a blank check company formed for the purpose of acquiring,engaging in a share exchange,share reconstruction and amalgamation with,purchasing all or substantially all of the assets of,entering into contractual arrangements with,or engaging in any other similar business combination with one or more businesses or entities. The Company's efforts to identify a prospective target business will not be limited to a particular industry or geographic region,although the Company intend to focus on operating businesses in the healthcare,education,entertainment and financial services sectors that have their principal operations in China.

Forward Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward looking statements are statements that are not historical facts. Such forward-looking statements,including the potential for identification and acquisition of a prospective target business,are subject to risks and uncertainties,which could cause actual results to differ from the forward looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events,conditions or circumstances on which any statement is based.

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