Binhai Investment : Announcements and Notices - Completion of the Issuance of US$300,000,000 4.45 Per Cent. Bonds Due 2020

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 is for information purposes only and does not constitute an invitation or offer for sale or subscription of, or a solicitation or invitation to acquire, purchase or subscribe for securities, nor shall it, nor any part, form the basis of, or be relied on, in connection with any contract or commitment whatsoever.

This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The Bonds to be issued have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any other jurisdiction, and may not be offered or sold within the United States (as defined in Regulation S under the Securities Act ("Regulation S")) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Accordingly, the Bonds are being offered and sold only outside the United States in offshore transactions in compliance with Regulation S under the Securities Act. This announcement and the information contained herein are not for distribution, directly or indirectly, in or into the United States. No public offer of the securities referred to herein is being or will be made in the United States.

(Incorporated in Bermuda with limited liability)

Reference is made to the announcement of Binhai Investment Company Limited (the "Company") dated 23 November 2017 (the "Announcement"). Terms used herein shall have the same meanings as those defined in the Announcement unless the context otherwise requires.

As all the conditions precedent to the issue of the Bonds under the Subscription Agreement were satisfied on 30 November 2017, the Board hereby announces that the completion of the issue of the Bonds took place on 30 November 2017.

By order of the Board

Executive Director

Hong Kong, 30 November 2017

As at the date of this announcement, the Board comprises two executive Directors, namely, Mr. ZHANG Bing Jun and Mr. GAO Liang, six non-executive Directors, namely, Mr. SHEN Xiao Lin, Mr. ZHANG Jun, Mr. WANG Gang, Ms. ZHU Wen Fang, Ms. SHI Jing and Mr. HE Xiang Li, and four independent non-executive Directors, namely, Mr. IP Shing Hing, J.P., Professor Japhet Sebastian LAW, Mr. TSE Tak Yin and Mr. LAU Siu Ki, Kevin.