Anton Oilfield Services : NOTICE OF EXTRAORDINARY GENERAL MEETING

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NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that an extraordinary general meeting of Anton Oilfield Services Group (the "Company") will be held at 10:00 a.m. on Friday, 20 July 2018 at No. 8 Pingcui West Road, Chaoyang District, Beijing, China for the purpose of considering and, if thought fit, passing the following resolution as an ordinary resolution of the Company:

ORDINARY RESOLUTION

1. "THAT:

• (a) the agreement dated 22 December 2017 (the "Agreement") entered into between the Company, Anton Oilfield Services International Company Limited, a wholly-owned subsidiary of the Company, Anton Oilfield Services DMCC ("DMCC"), an indirect non-wholly owned subsidiary of the Company, ശذ౉௹౷߅Ҧٰ΅Ϟࠢʮ̡ (China Oil HBP Science & Technology Co., Ltd.) and Hong Kong Huihua Global Technology Limited (࠰ಥ౉ശᐑଢ߅ҦϞࠢʮ̡ )(" Huihua"), a copy of which is tabled at the meeting and marked "A" and initialized by the chairman of the meeting for identification purposes, pursuant to which Huihua agreed to transfer its 40% holding in DMCC (the "Acquisition"), out of which 24.5% will be transferred to Anton International and 15.5% will be transferred to the Company at a consideration of RMB735,000,000, to be satisfied as to RMB450,000,000 by cash and as to RMB285,000,000 by the Company issuing 334,224,599 new shares of the Company (the "Consideration Shares") at the issue price of HK$1.014 per Consideration Share, be and is hereby approved, confirmed and ratified;

• (b) the grant of specific mandate to allot and issue the Consideration Shares to be sought from the shareholders of the Company other than those considered to be materially interested in the Acquisition to satisfy the consideration of the Acquisition (the "Specific Mandate") to the directors of the Company (the "Directors") to exercise all the powers of the Company to allot and issue the Consideration Shares at the issue price of HK$1.014 per Share be and is hereby approved, and any one Director be and is authorised to do all such further acts and things and to sign and execute all such documents and to take all such steps which in his opinion may be necessary, appropriate, desirable or expedient to implement and/or give effect to any matter relating to or incidental to the Specific Mandate; and

(c) any one of the directors of the Company be and is hereby authorised to sign, execute, perfect, deliver, negotiate, agree and do all such documents, deeds, acts, matters and things, as the case may be, as he or she may, in his or her opinion or discretion, consider reasonable, necessary, desirable or expedient to implement and/or give effect to the Agreement and all the transactions contemplated thereunder with any changes as such director may consider reasonable, necessary desirable or expedient."

By Order of the Board Anton Oilfield Services Group

LUO Lin

Chairman

Hong Kong, 29 June 2018

Notes:

• 1. A form of proxy for use at the meeting is enclosed herewith.

• 2. The instrument appointing a proxy shall be in writing under the hand of the appointer or his/her attorney duly authorised in writing or, if the appointer is a corporation, either under its seal or under the hand of any officer, attorney or other person authorised to sign the same.

• 3. Any shareholder entitled to attend and vote at the meeting is entitled to appoint one or more proxies to attend and vote instead of him. A proxy need not be a shareholder of the Company.

• 4. For the purpose of determining the list of shareholders who are entitled to attend and vote at the EGM, the shareholders' register of the Company will be closed from Tuesday, 17 July 2018 to Friday, 20 July 2018. No transfer of shares of the Company will be registered during that day. In order to qualify to attend and vote at the EGM, all instruments of transfer together with the relevant share certificate(s) must be lodged with the Company's branch share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong for registration no later than 4:30 p.m. on Monday, 16 July 2018.

• 5. In order to be valid, a form of proxy in the prescribed form together with the power of attorney or other authority (if any) under which it is signed must be deposited at the Company's branch registrar in Hong Kong, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong not less than 48 hours before the time fixed for holding the meeting.

• 6. Completion and return of the form of proxy will not preclude you from attending and voting in person at the meeting or at any adjourned meeting thereof (as the case may be) should you so wish, and in such an event, the form of proxy shall be deemed to be revoked.

• 7. Where there are joint registered holders of any share, any one of such joint holders may vote, either in person or by proxy, in respect of such shares as if he/she was solely entitled thereto, but if more than one of such joint holders are present at the meeting, whether in person or by proxy, the joint registered holder present whose name stands first on the register of members in respect of the shares shall be accepted to the exclusion of the votes of the other registered holders.

  As at the date of this notice, the Board comprises Mr. Luo Lin, Mr. Wu Di and Mr. Pi Zhifeng as executive directors; Mr. John William Chisholm as non-executive director and Mr. Zhang Yongyi, Mr. Zhu Xiaoping and Dato Wee Yiaw Hin as independent non-executive directors.