Hang Lung Properties : Notice of Listing on The Stock Exchange of Hong Kong Limited - US$3,000,000,000 Medium Term Note Programme issued by HLP Finance Limited

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take noresponsibility for the contents of this announcement, make no representation as to its accuracy orcompleteness and expressly disclaim any liability whatsoever for any loss howsoever arising from or inreliance 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.

NOTICE OF LISTING ON

THE STOCK EXCHANGE OF HONG KONG LIMITED

HLP Finance Limited

(incorporated in the British Virgin Islands with limited liability)

(as the Issuer)

and

Hang Lung Properties Limited

(incorporated in Hong Kong with limited liability)

(as the Guarantor)

US$2,000,000,000

Stock Code: 00101

MEDIUM TERM NOTE PROGRAMME

US$3,000,000,000 Medium Term Note Programme

arranged by

The Hongkong and Shanghai Banking Corporation Limited

Application has been made to The Stock Exchange of Hong Kong Limited for the listing of theUS$3,000,000,000 Medium Term Note Programme (the "Programme") for a period of 12 months after 4 May2018 by way of debt issues to professional investors (as defined in Chapter 37 of the Rules Governing theListing of Securities on The Stock Exchange of Hong Kong Limited and in the Securities and FuturesOrdinance (Cap. 571) of Hong Kong) only as described in the Offering Circular to be dated 4 May 2018. Thelisting of the Programme is expected to become effective on 7 May 2018.

Hong Kong, 4 May 2018

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

As at the date of this announcement, the board of directors of Hang Lung Properties Limited comprises the followingdirectors:

Executive Directors: Mr. Ronnie C. CHAN, Mr. Philip N.L. CHEN, Mr. H.C. HO and Mr. Adriel W. CHANIndependent 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