Shenzhen International : Scrip Dividend Scheme in relation to the Final Dividend for the year ended 31 December 2016

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.

(incorporated in Bermuda with limited liability)

Reference is made to the circular of the Company dated 26 May 2017 regarding the Scrip Dividend Scheme in relation to the Final Dividend for the year ended 31 December 2016 (the "Scrip Circular") and the announcement of the Company dated 26 May 2017 in relation to the market value of the Scrip Shares (the "Scrip Announcement"). Capitalised terms used in this announcement shall have the same meanings as those defined in the Scrip Circular and the Scrip Announcement.

Based on the Election Forms received by the Company, 55,338,274 Scrip Shares are expected to be issued under the Scrip Dividend Scheme, representing Shareholders holding approximately 79% of issued shares of the Company at the Record Date who will be receiving Scrip Shares under the Scrip Dividend Scheme.

It is expected that certificates for the Scrip Shares and/or cheques for cash entitlements will be posted by ordinary mail to those Shareholders entitled thereto on or about Friday, 23 June 2017. Dealings of the Scrip Shares on the Stock Exchange are expected to commence on Monday, 26 June 2017.

As at the date of this announcement, the total issued share capital of the Company is 1,957,989,314 Shares. Assuming that no further shares of the Company will be issued or repurchased by the Company between the date of this announcement and the expected allotment date of the Scrip Shares (i.e. 23 June 2017), the total issued share capital of the Company as enlarged by the allotment and issue of 55,338,274 Scrip Shares under the Scrip Dividend Scheme is expected to be 2,013,327,588 Shares as at 23 June 2017.

Hong Kong, 16 June 2017

By Order of the Board

Chairman

As at the date of this announcement, the Board consists of Messrs. Gao Lei, Li Hai Tao, Zhong Shan Qun, Liu Jun and Hu Wei as executive directors, Mr. Xie Chu Dao as non-executive director and Messrs. Leung Ming Yuen, Simon, Ding Xun, Nip Yun Wing and Dr. Yim Fung, JP as independent non-executive directors.