Wheelock and : Wheelock Finance Limited - US$5,000,000,000 Medium Term Note Programme

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(incorporated with limited liability in Hong Kong)

(as Issuer and Guarantor)

and

(incorporated with limited liability in Hong Kong)

(as Issuer)

Arranger and Dealer

Application has been made to The Stock Exchange of Hong Kong Limited for the listing of the US$5,000,000,000 Medium Term Note Programme (the "Programme") for 12 months after 30 September 2016 for the issuance of Notes by way of debt issues to professional investors (as defined in Chapter 37 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and in the Securities and Futures Ordinance (Cap. 571) of Hong Kong) only, as described in the Offering Circular dated 30 September 2016. The listing of the Programme is expected to become effective on 3 October 2016.

As at the date of this announcement, the Board of Directors of Wheelock and Company Limited comprises Mr. Douglas C. K. Woo, Mr. Stephen T. H. Ng, Mr. Stewart C. K. Leung, Mr. Paul Y. C. Tsui, Mr. Ricky K. Y. Wong and Mrs. Mignonne Cheng, together with seven Independent Non-executive Directors, namely, Mr. Tak Hay Chau, Mr. Winston K. W. Leong, Mr. Alan H. Smith, Mr. Richard

Y. S. Tang, Mr. Kenneth W. S. Ting, Ms. Nancy S. L. Tse and Mr. Glenn S. Yee; and the board of directors of Wheelock Finance Limited comprises Mr. Stephen T. H. Ng, Mr. Paul Y. C. Tsui and Mr. Peter Z. K. Pao.

30 September 2016