Far East Consortium International : INTERIM DIVIDEND FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2017

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.

FAR EAST CONSORTIUM INTERNATIONAL LIMITED

Ⴣ؇೯࢝Ϟࠢʮ̡*

(Incorporated in the Cayman Islands with limited liability)

Website:http://www.fecil.com.hk

(Stock Code: 35)

INTERIM DIVIDEND FOR THE SIX MONTHS ENDED

30 SEPTEMBER 2017

On 27 November 2017, the Board has resolved to declare an Interim Dividend for the six months ended 30 September 2017 of HK4.0 cents per Share in the form of scrip dividend with the Shareholders being given the option to receive cash in lieu of all or part of the scrip dividend entitlements. The scrip price has been fixed at HK$4.718 per Share, being the Average Closing Price up to and including 28 December 2017.

INTERIM DIVIDEND FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2017

Reference is made to the interim results announcement of Far East Consortium International Limited (the "Company") for the six months ended 30 September 2017 dated 27 November 2017. The board of directors of the Company (the "Board") has resolved to declare an interim dividend of HK4.0 cents per ordinary share of HK$0.10 each (the "Share") for the six months ended 30 September 2017 (the "Interim Dividend") to shareholders of the Company (the "Shareholders") whose names appear on the register of members of the Company on 28 December 2017 (the "Record Date") in the form of new fully paid Shares (the "Scrip Shares") with the Shareholders being given the option to receive cash in lieu of all or part of their scrip dividend entitlements (the "Scrip Dividend Scheme").

*

For identification purposes only

The number of the Scrip Shares to be allotted to the Shareholders pursuant to the Scrip Dividend Scheme was calculated by reference to the market value of HK$4.718 per Share which was the average of the closing prices per Share (the "Average Closing Price") as quoted on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") for the five consecutive trading days up to and including 28 December 2017. Accordingly, the number of the Scrip Shares which the Shareholders are entitled to receive in respect of the existing Shares registered under their names as at the Record Date will be calculated as follows:

Number of existing

Number of the Scrip Shares that Shareholders are entitled to receive

=Shares held on the Record Date or number of Shares elected for the Scrip Shares

HK$0.040

(Interim Dividend per Share)x

HK$4.718 (Average Closing Price)

(as applicable)

The number of the Scrip Shares to be issued to each Shareholder will be rounded down to the nearest whole number. Fractional entitlements will be disregarded and the benefit thereof will accrue to the Company. The Scrip Shares to be issued pursuant to the Scrip Dividend Scheme will rank pari passu in all respects with the existing Shares except that they will not be entitled to the Interim Dividend.

The Shareholders who wish to receive the Interim Dividend in cash, or partly in cash and partly in Scrip Shares are reminded that a form of election (the "Form of Election") (if applicable) as attached to a circular to be issued by the Company describing the details of the Scrip Dividend Scheme (the "Circular"), must be completed and returned to the Hong Kong share registrar of the Company, Tricor Standard Limited at Level 22, Hopewell Centre, 183 Queen's Road East, Hong Kong, not later than 4:30 p.m. on Wednesday, 24 January 2018.

Failure to complete and return the Form of Election in accordance with the instructions printed thereon will result in the relevant Shareholder's Interim Dividend being paid wholly in the form of the Scrip Shares.

If there is a tropical cyclone warning signal number 8 or above, or a "black" rainstorm warning (either one of the warnings is referred to as the "Warning") in force, the above deadline for submission of the Forms of Election will be changed as follows:-

• (a) If the Warning is in force in Hong Kong at any local time before 12:00 noon and no longer in force after 12:00 noon on Wednesday, 24 January 2018: the deadline for submission of the Forms of Election will be 5:00 p.m. on Wednesday, 24 January 2018.

• (b) If the Warning is in force in Hong Kong at any local time between 12:00 noon and 4:30 p.m. on Wednesday, 24 January 2018: the deadline for submission of the Forms of Election will be rescheduled to 4:30 p.m. on the next business day which does not have any Warning in force at any time between 9:00 a.m. and 4:30 p.m.

The issue of the Scrip Shares pursuant to the Scrip Dividend Scheme is conditional upon the Listing Committee of the Stock Exchange granting the listing of, and permission to deal in the Scrip Shares to be allotted and issued pursuant to the Scrip Dividend Scheme. The Company will make the said listing application to the Stock Exchange.

It is expected that the relevant dividend warrants and share certificates will be sent by ordinary post to the Shareholders at their postal risks on 8 February 2018.

The Circular together with the Form of Election (if applicable) will be despatched to the Shareholders on or about 9 January 2018.

By order of the Board of

Far East Consortium International Limited

Ka Pong CHAN

Company Secretary

Hong Kong, 28 December 2017

As at the date of this announcement, the Board comprises four executive directors namely, Tan Sri Dato' David CHIU, Mr. Cheong Thard HOONG, Mr. Dennis CHIU and Mr. Craig Grenfell WILLIAMS; one non-executive director, Mr. Chi Hing CHAN; and three independent non-executive directors, namely Mr. Kwok Wai CHAN, Mr. Peter Man Kong WONG and Mr.

Kwong Siu LAM.