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.

HANG LUNG GROUP LIMITED

(Incorporated in Hong Kong with limited liability)

(Stock Code: 00010）

HANG LUNG PROPERTIES LIMITED

(Incorporated in Hong Kong with limited liability)

(Stock Code: 00101）

VOLUNTARY ANNOUNCEMENT APPLICATION FOR REGISTRATION AND PROPOSED ISSUE OF RMB DEBT FINANCING INSTRUMENTS

The boards of directors of Hang Lung Group Limited ("HLG") and Hang Lung Properties Limited ("HLP") announce that, on 22 September 2017, HLP (being a subsidiary of HLG) submitted a formal application to the National Association of Financial Market Institutional Investors (the "Association") in the People's Republic of China for registration and proposed issue of foreign non-financial enterprises Renminbi debt financing instruments in an aggregate amount not exceeding RMB10 billion (the "RMB Debt Financing Instruments") in a single tranche or in multiple tranches at appropriate time(s) in the future (the "Application").

Drafts of documents relating to the Application have been disclosed on the website of the Association (http://zhuce.nafmii.org.cn/).

It is uncertain whether and when approval of the Application will be granted by the Association. The proposed issue of the RMB Debt Financing Instruments may or may not proceed and, in the event it does proceed, timing, size and terms are still to be determined.

Shareholders and potential investors of HLG and HLP are advised to exercise caution when dealing in the securities of HLG and HLP.

By Order of the Board of By Order of the Board of

Hang Lung Group Limited Hang Lung Properties Limited Margaret Ka Man YAN Margaret Ka Man YAN

Company Secretary Company Secretary

Hong Kong, 26 September 2017

As at the date of this announcement, the board of directors of HLG comprises the following directors: Executive Directors: Mr. Ronnie C. CHAN, Mr. Philip N.L. CHEN, Mr. H.C. HO and Mr. Adriel W. CHAN Non-Executive Directors: Mr. Gerald L. CHAN, Mr. George K.K. CHANG and Mr. Roy Y.C. CHEN

Independent Non-Executive Directors: Mr. Simon S.O. IP, Prof. L.C. TSUI, Mr. Martin C.K. LIAO and Prof. P.W. LIU

As at the date of this announcement, the board of directors of HLP comprises the following directors: Executive Directors: Mr. Ronnie C. CHAN, Mr. Philip N.L. CHEN, Mr. H.C. HO and Mr. Adriel W. CHAN

Independent Non-Executive Directors: Mr. Ronald J. ARCULLI, Mr. Dominic C.F. HO, Mr. Nelson W.L. YUEN, Dr. Andrew K.C. CHAN, Prof. H.K. CHANG and Ms. Anita Y.M. FUNG

Hang Lung Group Ltd. published this content on 26 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 September 2017 04:24:03 UTC.