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.

CAPITAL ENVIRONMENT HOLDINGS LIMITED

首創環境控股有限公司

(Incorporated in Cayman Islands with limited liability)

(Stock Code: 03989)

VOLUNTARY ANNOUNCEMENT

Capital Environment Holdings Limited (the "Company") is pleased to announce that a wholly owned subsidiary of the Company, Beijing Capital Environment Investment Limited (北京首創 環境投資有限公司) ("Capital Investment") had submitted its bid proposal in respect of the

clearance-collection-transportation BOT project in the town and rural solid waste in Qianjiang City, Hubei Province, China (the "Project"). The Company has just received a notification from Urban Management Bureau of Qianjiang City (潛江市城市管理局) that Capital Environment

has been confirmed to be the successful bidder of the Project, and it will enter into relevant agreement with Urban Management Bureau of Qianjiang City (潛江市城市管理局) within 30

days after receiving this notification.

The Project shall be operated under the "Build-Operate-Transfer" mode with an operating period of 8 years. The estimated total investment in construction shall be approximately RMB13.79 million. The operating services fee shall be RMB92.8 per ton.

Shareholders and/or investors should note that this announcement is published as a voluntary disclosure aimed to allow the public to acknowledge the latest development of the Company.

By order of the Board

Capital Environment Holdings Limited Wang Hao

Chairman

Hong Kong, 19 October 2016

As at the date of this announcement, the Board comprises four executive directors, namely Mr. Wang Hao, Mr. Cao Guoxian, Mr. Shen Jianping and Mr. Liu Yongzheng, and three independent non-executive directors, namely Mr. Pao Ping Wing, Mr. Cheng Kai Tai, Allen and Dr. Chan Yee Wah, Eva.

Capital Environment Holdings Ltd. published this content on 19 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 October 2016 12:23:06 UTC.

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