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.

COMPLETION OF CONNECTED TRANSACTIONS IN RELATION TO THE ACQUISITION OF THE INDONESIA BUSINESS

References are made to the joint announcement made by Bank of China and the Company on

21 May 2015 and the announcements made by the Company on 6 June 2016 and 28 February 2017 with respect to the restructuring of the Group in the ASEAN region (the "Announcements"). Unless otherwise specified, capitalised terms used herein shall have the same meanings as those respectively defined in the Announcements.

The Board is pleased to announce that all of the conditions precedent set out in the Indonesia Asset Purchase Agreement have been satisfied and completion of the proposed acquisition of the Indonesia Business will take place on 10 July 2017 in accordance with the terms and conditions of the Indonesia Asset Purchase Agreement (the "Completion"). Upon Completion, the Head Office of BOC Jakarta Branch will be changed from Bank of China to BOCHK and all the assets and liabilities arising in connection with the Indonesia Business will be transferred to and assumed by BOCHK in accordance with the Indonesia Asset Purchase Agreement. Following the completion of the relevant regulatory process in Indonesia for the change of name of the BOC Jakarta Branch, the name of the BOC Jakarta Branch will be changed from "Bank of China Limited, Jakarta Branch" to "Bank of China (Hong Kong) Limited Jakarta Branch".

By Order of the Board LUO Nan

Company Secretary

Hong Kong, 6 July 2017

As at the date of this announcement, the Board comprises Mr. TIAN Guoli* (Chairman), Mr. CHEN Siqing* (Vice Chairman), Mr. YUE Yi (Vice Chairman and Chief Executive), Mr. REN Deqi*, Mr. GAO Yingxin*, Mr. LI Jiuzhong, Madam CHENG Eva**, Dr. CHOI Koon Shum**, Mr. KOH Beng Seng** and Mr. TUNG Savio Wai-Hok**.

* Non-executive Directors

** Independent Non-executive Directors

BOC Hong Kong (Holdings) Ltd. published this content on 06 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 06 July 2017 09:10:07 UTC.

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