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.

SANDS CHINA LTD.

金沙中國有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1928) INSIDE INFORMATION RESULTS OF OUR CONTROLLING SHAREHOLDER, LAS VEGAS SANDS CORP., FOR THE FISCAL THIRD QUARTER ENDED SEPTEMBER 30, 2016

This announcement is issued pursuant to Part XIVA of the Securities and Futures Ordinance and Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

On or about November 4, 2016 (4 a.m. Hong Kong time), our controlling shareholder, Las Vegas Sands Corp. ("LVS"), announced its financial results for its fiscal third quarter ended September 30, 2016.

This announcement is issued by Sands China Ltd. ("SCL" or our "Company" or "Sands China") pursuant to Part XIVA of the Securities and Futures Ordinance and Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Our Company's controlling shareholder, LVS, is a company listed on the New York Stock Exchange (the "NYSE") in the United States. As at the date of this announcement, LVS beneficially owns approximately 70.11% of the issued and outstanding share capital of our Company.

LVS files quarterly and annual reports, including quarterly and annual financial information and certain operating statistics under Form 10-Q and Form 10-K, respectively, with the United States Securities and Exchange Commission (the "SEC"), in accordance with the ongoing disclosure obligations applicable to a publicly traded NYSE-listed company. Such filings include segment financial information about the Macao operations of LVS, which Macao operations are owned by our Company, and the filings are available in the public domain.

LVS has, on or about November 4, 2016 (4 a.m. Hong Kong time), announced its financial results for the fiscal third quarter ended September 30, 2016 (the "Quarterly Financial Results"), held its third quarter 2016 Earnings Conference Call (the "Earnings Call") and posted a third quarter results chart deck on its website (the "Chart Deck"). If you wish to review the Quarterly Financial Results prepared by LVS, which were filed with the SEC, please visit http://s1.q4cdn. com/133622603/files/doc_news/2016/Q3/Q316-Earnings-Release_vFinal.pdf or https://www.sec. gov/Archives/edgar/data/1300514/000095014216004671/eh1601095_ex9901.htm. If you wish to review the Chart Deck, please visit http://s1.q4cdn.com/133622603/files/doc_presentations/2016/ Q3/LVS-3Q16-Earnings-Deck-vFinal.pdf.

The financial results of LVS and its consolidated subsidiaries, including those contained in the Quarterly Financial Results, the Earnings Call and the Chart Deck have been prepared in accordance with the generally accepted accounting principles of the United States ("US GAAP"), which are different from the International Financial Reporting Standards ("IFRS") that we are subject to when preparing and presenting our stand-alone financial results and related financial information. As such, the financial results and related information set forth in the Quarterly Financial Results, the Earnings Call and the Chart Deck are not directly comparable to the financial results and related financial information that our Company discloses as a company listed on the Main Board of The Stock Exchange of Hong Kong Limited. In particular, Average Daily Rate ("ADR") and Revenue Per Available Room ("RevPAR") as presented in the Quarterly Financial Results, the Earnings Call and the Chart Deck are based on gross room revenues as reported under US GAAP, which include associated promotional allowances within room revenues. Under US GAAP, promotional allowances are then deducted from total gross revenues in presenting net revenues. Under IFRS, room revenues exclude such promotional allowances. Our shareholders and potential investors in our ordinary shares are advised that the consolidated financial results and related financial information set forth in the Quarterly Financial Results, the Earnings Call and the Chart Deck with respect to our Company's operating results have not been prepared or presented by our Company, and there is no indication or assurance from our Company that the financial results and related financial information of our Company will be the same as that presented in the Quarterly Financial Results, the Earnings Call and the Chart Deck.

To ensure that all shareholders of and potential investors in our Company's ordinary shares have equal and timely access to the information pertaining to our Company, set forth below are extracts and key highlights of the financial results and related financial information published by LVS in the Quarterly Financial Results and the Earnings Call that relate to our Company and our operations in Macao:

QUARTERLY FINANCIAL RESULTS EXTRACTS Third Quarter Overview

Mr. Sheldon G. Adelson, chairman and chief executive officer of LVS, said, "We are pleased to have continued to execute our strategic objectives this quarter and to have delivered a solid operating performance in each of our markets, which enabled us (LVS) to generate US$1.14 billion in adjusted property EBITDA for the quarter, an increase of 8.6% compared to the third quarter of 2015. Importantly, the operating environment in Macao continued to improve during the quarter, particularly in the mass segment, as the Macao market exhibited growth in total gaming revenue, overnight

visitation, and length of stay. Our Macao portfolio experienced strong visitation and enjoyed the benefits of our market-leading hotel, retail and entertainment offerings while generating US$628.5 million in adjusted property EBITDA, an increase of 15.3% over the same quarter last year.

The Parisian Macao, our latest integrated resort on Cotai in Macao, opened on September 13, 2016, expanding our hotel, group meeting retail and entertainment offerings, and contributing more than US$19 million of adjusted property EBITDA (at an EBITDA margin of 28.0%) during its first 18 days of operation. We are pleased to have had the opportunity to invest approximately US$13 billion in Macao, contributing to Macao's diversification and appeal as a business and leisure tourism destination. We remain confident that our market-leading Cotai Strip properties will continue to provide the economic benefits of diversification to Macao, help attract greater numbers of business and leisure travelers, and provide both Macao and our company an outstanding and diversified platform for growth in the years ahead.

We remain steadfast in our focus on the consistent execution of our proven global growth strategy, which leverages the power of our unique convention-based integrated resort business model. Our business model generates the industry's most diversified set of cash flows and delivers the industry's highest revenue and profit from non-gaming segments, while bringing unsurpassed economic and diversification benefits to the regions in which we operate. We remain confident in our ability to further extend our global leadership position and deliver strong growth in the future.

The prudent management of our cash flow, including the ability to continue the return of capital to shareholders while maintaining a strong balance sheet and ample liquidity to invest in future growth opportunities, remains a cornerstone of our strategy."

Sands China Ltd. Consolidated Financial Results

On a US GAAP basis, total net revenues for Sands China increased 3.6% to US$1.72 billion in the third quarter of 2016, compared to US$1.66 billion in the third quarter of 2015. Net income for SCL decreased 5.5% to US$324.3 million in the third quarter of 2016, compared to US$343.2 million in the third quarter of 2015.

The Venetian Macao Third Quarter Operating Results

The property generated revenue of US$772.5 million and adjusted property EBITDA of US$314.8 million in the third quarter, with an adjusted property EBITDA margin of 40.8%. Non-Rolling Chip drop was US$1.71 billion for the quarter, with a Non-Rolling Chip win percentage of 25.6%. Rolling Chip volume during the quarter was essentially flat at US$6.87 billion. Rolling Chip win percentage was 3.75% in the quarter, above the 3.08% experienced in the prior-year quarter. Slot handle was US$957.5 million.

The following table summarizes the key operating results for The Venetian Macao for the third quarter of 2016 compared to the third quarter of 2015:

The Venetian Macao Operations Three Months Ended September 30,

Casino

$ 669.8

$ 590.0

$ 79.8

13.5%

Rooms

46.8

53.6

(6.8)

-12.7%

Food and Beverage

21.5

20.5

1.0

4.9%

Mall

52.3

50.4

1.9

3.8%

Convention, Retail and Other

23.0

21.5

1.5

7.0%

Less - Promotional Allowances

(40.9)

(36.4)

(4.5)

-12.4%

Net Revenues

$ 772.5

$ 699.6

$ 72.9

10.4%

Adjusted Property EBITDA

$ 314.8

$ 256.4

$ 58.4

22.8%

EBITDA Margin %

40.8%

36.6%

4.2 pts

Gaming Statistics

(In US$ millions)

Rolling Chip Volume

$ 6,868.3

$ 6,876.4

$ (8.1)

-0.1%

Rolling Chip Win %(1)

3.75%

3.08%

0.67 pts

Non-Rolling Chip Drop

$ 1,713.8

$ 1,741.5

$ (27.7)

-1.6%

Non-Rolling Chip Win %

25.6%

23.4%

2.2 pts

Slot Handle

$ 957.5

$ 1,047.8

$ (90.3)

-8.6%

Slot Hold %

4.7%

4.8%

-0.1 pts

Hotel Statistics

Occupancy %

93.2%

84.5%

8.7 pts

Average Daily Rate (ADR)

$ 209

$ 239

$ (30)

-12.6%

Revenue per Available Room (RevPAR)

$ 195

$ 202

$ (7)

-3.5%

(In US$ millions) 2016 2015 $ Change Change Revenues:

(1) This compares to our expected Rolling Chip win percentage of 2.7% to 3.0% (calculated before discounts and commissions).

Sands China Ltd. published this content on 04 November 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 03 November 2016 23:50:06 UTC.

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