CK Hutchison : NOTICE OF ANNUAL GENERAL MEETING; PROPOSALS FOR RE-ELECTION OF RETIRING DIRECTORS AND GENERAL MANDATES TO ISSUE NEW SHARES AND REPURCHASE SHARES

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this circular, 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 circular.

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1)

The notice convening the Annual General Meeting of CK Hutchison Holdings Limited to be held at the Grand Ballroom, 1st Floor, Harbour Grand Kowloon, 20 Tak Fung Street, Hung Hom, Kowloon, Hong Kong on Thursday, 11 May 2017 at 12:00 noon at which the above proposals will be considered is set out on pages 7 to 10 of this circular. Irrespective of whether you are able to attend the meeting, please complete and return the form of proxy to the Hong Kong Share Registrar of the Company, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong as soon as possible and in any event no later than 48 hours before the time appointed for the holding of the meeting. Completion and return of the form of proxy will not preclude you from attending and voting in person at the meeting should you so wish.

Complimentary shuttle bus service to and from the meeting venue will be provided on 11 May 2017 to shareholders as follows: (i) departing Hankow Road (by YMCA), Tsimshatsui every 15 minutes between 10:30 a.m. and 11:15 a.m. for Harbour Grand Kowloon; and (ii) departing Harbour Grand Kowloon between 1:00 p.m. and 2:15 p.m. for Hankow Road (by YMCA), Tsimshatsui. A shuttle bus guide and schedule to Harbour Grand Kowloon is available on the website of the Company at www.ckh.com.hk.

This circular is in English and Chinese. In case of any inconsistency, the English version shall prevail.

6 April 2017

Pages

Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

Annual General Meeting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

Re-election of Retiring Directors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

General Mandates to Issue New Shares and Repurchase Shares . . . . . . . . . . . . . . . 5

Recommendation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

In this circular, unless otherwise defined or the context otherwise requires, the following expressions shall have the following meanings:

"AGM" the annual general meeting of the Company convened to be held on Thursday, 11 May 2017 at 12:00 noon at the Grand Ballroom, 1st Floor, Harbour Grand Kowloon,

20 Tak Fung Street, Hung Hom, Kowloon, Hong Kong, notice of which is set out on pages 7 to 10 of this circular, and any adjournment thereof;

"Articles of Association" the articles of association of the Company as amended from time to time;

"Board" the board of Directors;

"close associate(s)" has the meaning ascribed to it under the Listing Rules;

"Company" CK Hutchison Holdings Limited 長江和記實業有限公司, an exempted company incorporated in the Cayman Islands with limited liability whose Shares are listed on the Main Board of the SEHK (Stock Code: 1);

"core connected person(s)" has the meaning ascribed to it under the Listing Rules; "Director(s)" the director(s) of the Company;

"General Mandate" the general mandate to issue, allot and dispose of additional Shares;

"Group" the Company and its subsidiaries;

"HK$" Hong Kong dollars, the lawful currency of Hong Kong;

"Hong Kong" the Hong Kong Special Administrative Region of The People's Republic of China;

"Latest Practicable Date" 30 March 2017, being the latest practicable date prior to

the printing of this circular for ascertaining certain information contained herein;

"Listing Rules" the Rules Governing the Listing of Securities on the SEHK;

"Memorandum" the Memorandum of Association of the Company as amended from time to time;

"Repurchase Mandate" the general mandate to repurchase Shares;

"Retiring Directors" the Directors retiring at the AGM and, being eligible, who offer themselves for re-election at the AGM, in accordance with the Articles of Association;

"SFO" the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong) as amended, supplemented or otherwise modified from time to time;

"Share(s)" ordinary share(s) of par value HK$1.00 each in the share capital of the Company;

"Shareholder(s)" holder(s) of the Share(s);

"SEHK" The Stock Exchange of Hong Kong Limited; and

"Takeovers Code" the Code on Takeovers and Mergers.