China Motor Bus : Major Transaction In Relation To The Disposal of Property And Date Of Board Meeting

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CHINA MOTOR BUS COMPANY, LIMITED

(Incorporated in Hong Kong with limited liability)

(Stock code: 26)

Major Transaction In Relation To The Disposal of Property

and

Date Of Board Meeting

Reference is made to the announcement ("Announcement") of China Motor Bus Company, Limited (the "Company"), dated 29 May 2015 in respect of the sale of Chai Wan Inland Lot No. 88 (No. 391 Chai Wan Road, Hong Kong) by the Company to Joyful Sincere Limited. Terms defined in the Announcement shall have the same meanings when used in this Announcement.

The Company announces that the Disposal was completed on 16 September 2019.

The Company further announces that a meeting of the Board will be held on Friday, 27 September 2019 for the purpose of, among other matters, approving the final results of the Company for the year ended 30 June 2019 and considering the payment of a final dividend.

For and on behalf of

China Motor Bus Company, Limited

Kwok Pun Tak

Company Secretary

Hong Kong, 16 September 2019

As at the date of this announcement, the Board of Directors of the Company comprises NGAN Kit-ling, Dr. NGAN Kit-keung, Dr. Henry NGAN, Fritz HELMREICH, Anthony Grahame STOTT*, Stephen TAN* and Dr. Chau Ming Tak*. * Independent non-executive director