Lippo China Resources : INSIDE INFORMATION ANNOUNCEMENT

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LIPPO CHINA RESOURCES LIMITED

力 寶 華 潤 有 限 公 司

(Incorporated in Hong Kong with limited liability)

(Stock Code: 156)

INSIDE INFORMATION ANNOUNCEMENT

This announcement is made by Lippo China Resources Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined in the Listing Rules).

The board of directors of the Company (the "Board") wishes to inform the shareholders of the Company and potential investors that based on information currently available to the Company, the Board expects that the Group's financial instruments at fair value through profit or loss would record a net fair value loss of approximately HK$20 million for the six months ended 30 September 2019 (the "Period"), as compared to a net fair value loss of approximately HK$188 million recorded for the six months ended 30 September 2018 (the "Last Period"). Such fair value change was mainly due to the volatile stock markets. The Board also expects that the Group would record a net fair value loss on investment properties of not less than HK$50 million for the Period, as compared to a net fair value gain of approximately HK$22 million for the Last Period. Such fair value loss was mainly due to the softening property market in Hong Kong.

The information contained in this announcement is only a preliminary assessment by the Board based on information currently available to the Company and is not based on any figures or information that has been audited by the Company's auditor. The Company expects to announce its consolidated interim results for the Period in late November 2019.

Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.

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The principal business activity of the Company is investment holding. The principal business activities of the subsidiaries, associates, joint ventures and joint operation of the Company include investment holding, property investment, property development, healthcare services, food businesses, property management, mineral exploration and extraction, securities investment, treasury investment and money lending.

By Order of the Board

LIPPO CHINA RESOURCES LIMITED

John Luen Wai Lee

Chief Executive Officer

Hong Kong, 2 October 2019

As at the date of this announcement, the Board of Directors of the Company comprises seven directors, of which Dr. Stephen Riady (Chairman) and Messrs. John Luen Wai Lee (Chief Executive Officer) and James Siu Lung Lee as executive Directors, Mr. Leon Nim Leung Chan as non-executive Director and Messrs. Edwin Neo, King Fai Tsui and Victor Ha Kuk Yung as independent non-executive Directors.

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