Anton Oilfield Services : REDEMPTION OF SENIOR NOTES DUE 2018

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.

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No securities may be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Any public offering of securities to be made in the United States will be made by means of a prospectus. Such prospectus will contain detailed information about the company making the offer, management, as well as financial statements. The Company does not intend to make any public offering of securities in the United States.

REDEMPTION OF SENIOR NOTES DUE 2018

(Stock Code: 5991)

Reference is made to the announcement of Anton Oilfield Services Group (the "Company") dated 31 October 2013 (the "Announcement") in relation to the issuance of 7.5% senior notes due 2018 (the "Notes"). Unless otherwise defined, capitalized terms used herein shall have the same meanings as defined in the Announcement.

Pursuant to the terms of the indenture dated 6 November 2013 (as amended or supplemented from time to time) and entered into between, among others, the Company and Citicorp International Limited as trustee in connection with the issuance of the Notes, the Company announces today that it has informed the Trustee and holders of the Notes that all of the outstanding Notes will be redeemed in full on 11 January 2018 (the "Redemption Date") at a redemption price equal to 101.875% of the principal amount thereof, plus accrued and unpaid interest, if any, to (but not including) the Redemption Date.

As at the date of this announcement, the outstanding principal amount of the Notes is US$71,001,000. The Company will satisfy the payment of the outstanding principal amount plus accrued and unpaid interest, if any, of the Notes using internal funds.

Upon redemption of the outstanding Notes on the Redemption Date, all the redeemed Notes will be cancelled and the Company will apply for the withdrawal of the listing of the Notes.

By order of the Board of Anton Oilfield Services Group

LUO Lin

Chairman

Hong Kong, 12 December 2017

As at the date of this announcement, the executive Directors of the Company are Mr. LUO Lin, Mr. WU Di and Mr. PI Zhifeng; the non-executive Director is Mr. John William CHISHOLM and the independent non-executive Directors are Mr. ZHANG Yongyi, Mr. ZHU Xiaoping and Dato WEE Yiaw Hin.