Beijing Properties : Termination of Connected and Discloseable Transaction Acquisition of 49% Equity Inter ...

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.

北京建 設（ 控股 ）有限公司

(Incorporated in Bermuda with limited liability)

References are made to the announcements of Beijing Properties (Holdings) Limited dated 16 August 2016, 23 August 2016, 30 December 2016, 30 March 2017 and 29 June 2017 (together the "Announcements"), in connection with the connected and discloseable transaction on the acquisition of 49% equity interest in Bellomonte S.A. and capital contribution to the Joint Venture Company. Unless otherwise stated, capitalized terms used herein shall have the same meanings as those defined in the Announcements.

On 15 August 2017, the Vendor and the Purchaser entered into an agreement ("Termination Agreement") to terminate the Acquisition Agreement. Pursuant to the Termination Agreement, all rights and obligations of the parties under the Acquisition Agreement shall cease to have any effect from 15 August 2017.

As the Acquisition Agreement has been terminated, the shareholding meeting of the Company will not be held to consider and approve the Acquisition Agreement and the Company will not issue the Circular.

The board of directors of the Company considers that the termination of the Acquisition does not have any material adverse impact on the existing business or financial position of the Group.

By Order of the Board

Company Secretary

Hong Kong, 15 August 2017

As at the date of this announcement, Mr. Qian Xu, Mr. Hu Yebi, Mr. Li Shuping, Mr. Zhao Jiansuo, Mr. Siu Kin Wai, Mr. Dong Qilin, Mr. Li Changfeng, Mr. Cheng Ching Fu, Mr. Yu Luning and Mr. Ang Renyi are the executive Directors; and Mr. Goh Gen Cheung, Mr. Zhu Wuxiang, Mr. James Chan, Mr. Song Lishui and Mr. Xie Ming are the independent non-executive Directors.