Parkson Retail : Change in Registered Address or Office, Registered Place of Business in HK or Agent for Service of Process in HK / Change in Share Registrar/Transfer Agent

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.

百盛商業集團有限公司

(Incorporated in the Cayman Islands with limited liability)

The board of directors (the "Board") of Parkson Retail Group Limited (the "Company") hereby announces that with effect from 8 December 2016, the registered office of the Company has been relocated to:

P.O. Box 10008, Willow House, Cricket Square, Grand Cayman KY1-1001, Cayman Islands

The Board further announces that with effect from 8 December 2016, the principal share registrar and transfer office of the Company has been changed from Royal Bank of Canada Trust Company (Cayman) Limited to:

Tricor Services (Cayman Islands) Limited

P.O. Box 10008, Willow House, Cricket Square, Grand Cayman KY1-1001, Cayman Islands

The Company's branch share registrar and transfer office in Hong Kong is still maintained by Tricor Investor Services Limited at Level 22, Hopewell Centre, 183 Queen's Road East, Hong Kong.

By Order of the Board

Executive Director & Chairman

12 December 2016

As at the date of this announcement, the Executive Directors of the Company are Tan Sri Cheng Heng Jem, Mr. Chong Sui Hiong and Ms. Juliana Cheng San San, the Non-executive Director is Dato' Dr. Hou Kok Chung and the Independent Non-executive Directors are Dato' Fu Ah Kiow, Mr. Ko Tak Fai, Desmond and Mr. Yau Ming Kim, Robert.