Cathay Pacific Airways : Notice of Listing on The Stock Exchange of Hong Kong Limited – Cathay Pacific MTN Financing Limited

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 to acquire, purchase or subscribe for securities.

(incorporated with limited liability under the laws of the Cayman Islands)

unconditionally and irrevocably guaranteed by

(incorporated in Hong Kong under the Companies Ordinance with limited liability) (Stock Code: 293)

U.S.$2,000,000,000

MEDIUM TERM NOTE PROGRAMME

Arranger

Application has been made to The Stock Exchange of Hong Kong Limited for the listing of the US$2,000,000,000 Medium Term Note Programme (the "Programme") (under which notes may be issued by way of debt issue to professional investors (as defined in the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong) as extended by the Securities and Futures (Professional Investor) Rules (Cap. 571D of the Laws of Hong Kong)) only) for 12 months after 23 August 2016, as described in the Offering Circular dated 23 August 2016 prepared in respect of the Programme. The listing of the Programme is expected to become effective on 24 August 2016.

23 August 2016

As at the date of this announcement, the Directors of Cathay Pacific MTN Financing Limited are: C.S.Y. Goh, M.J. Murray, A.P. Kinloch, Verita Limited, Integra Limited and Reid Services Limited; the Directors of Cathay Pacific Airways Limited are: Executive Directors: John Slosar (Chairman), Ivan Chu, Rupert Hogg, Martin Murray and Algernon Yau; Non-Executive Directors: Cai Jianjiang, Martin Cubbon, Fan Cheng, Ian Shiu, Song Zhiyong, Merlin Swire, Samuel Swire and Zhao Xiaohang; and Independent Non-Executive Directors: John Harrison, Irene Lee, Andrew Tung and Peter Wong.