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Message: TUT Fitness Group has no material change

Mr. Robert Smith reports

TUT FITNESS UPDATES STATUS OF FILING ANNUAL FINANCIAL STATEMENTS

Further to its news release of Feb. 1, 2023, Feb. 16, 2023, and March 2, 2023, TUT Fitness Group Inc.'s principal regulator, the British Columbia Securities Commission, granted a management cease trade order (MCTO) on Feb. 1, 2023, under National Policy 12-203, Management Cease Trade Orders.

Pursuant to the MCTO, the chief executive officer and the chief financial officer may not trade in securities of the company until such time as the company files its annual audited financial statements for the year ended Sept. 30, 2022, management discussion and analysis and related certifications and the commission revokes the MCTO. The MCTO does not affect the ability of shareholders to trade their securities.

The company's board of directors and management confirm that they are working expeditiously to file the required documents and confirm that since the company's news release dated Feb. 1, 2023, Feb. 16, 2023, and March 2, 2023, there is no other material information respecting the company's affairs that has not been generally disclosed.

Until the required documents have been filed, the company intends to continue to satisfy the provisions of the alternative information guidelines specified in NP 12-203 by issuing biweekly default status reports in the form of further press releases for so long as the company remains in default of the financial statement filing requirement.

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