COSCO SHIPPING Ports : POLL RESULTS OF THE SPECIAL GENERAL MEETING HELD ON 10 DECEMBER 2019

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)

(Stock Code: 1199)

POLL RESULTS OF THE SPECIAL GENERAL MEETING

HELD ON 10 DECEMBER 2019

The board of directors of the Company (the "Board") is pleased to announce that the ordinary resolution proposed at the special general meeting held on 10 December 2019 (the "SGM") was duly passed by the Independent Shareholders by way of poll.

Reference is made to the circular dated 20 November 2019 (the "Circular") of COSCO SHIPPING Ports Limited (the "Company") and the notice of the SGM dated 20 November 2019 as set out in the Circular (the "Notice"). Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as those defined in the Circular.

At the SGM, a poll was demanded by the chairman of the meeting for voting on the ordinary resolution as set out in the Notice. The Board is pleased to announce that the ordinary resolution proposed at the SGM was duly passed by way of poll.

As at the date of the SGM, the total number of issued and fully paid up shares of the Company ("Shares") was 3,161,958,830 Shares. As indicated in the Circular, China COSCO (Hong Kong) Limited ("CC(HK)") and COSCO Investments Limited ("CIL") (both being indirect subsidiaries of COSCO SHIPPING) were required to abstain from voting on the ordinary resolution proposed at the SGM. CC(HK) and CIL, holding 1,320,623,566 Shares and 223,548,369 Shares representing approximately 41.77% and 7.07% of the total number of issued Shares as at the date of the SGM respectively, did abstain from such voting as required. The total number of Shares entitling the Shareholders to attend the SGM and vote for or against the ordinary resolution proposed at the SGM was 1,617,786,895 Shares.

Save as disclosed above, there were no Shares entitling the holders to attend and abstain from voting in favour of the ordinary resolution at the SGM as set out in Rule 13.40 of the Listing Rules and there were no Shares the holders of which were required to abstain from voting on the ordinary resolution at the SGM under the Listing Rules. There were no Shares entitling the holders to attend and vote only against the ordinary resolution at the SGM.

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Details of the poll results of the ordinary resolution proposed at the SGM were as follows:

	Number of votes cast (%)(Note 2)
Ordinary resolution (Note 1)	For	Against
To approve, ratify and confirm the entering into of	625,967,686	615,693,431
the New Financial Services Master Agreement and	(50.41%)	(49.59%)
the Deposit Transactions contemplated thereunder,
the proposed annual cap amounts, the execution of
the documents in connection therewith and related
matters.

Notes:

1. The full text of the resolution is set out in the Notice.
2. Percentages rounded to 2 decimal places.

As more than 50% of the votes were cast in favour of the ordinary resolution, the ordinary resolution proposed at the SGM was duly passed as an ordinary resolution of the Company.

Tricor Secretaries Limited, the branch share registrar and transfer office of the Company in Hong Kong, was appointed as scrutineer for the voting process at the SGM.

By Order of the Board

COSCO SHIPPING Ports Limited

FENG Boming

Chairman

Hong Kong, 10 December 2019

As at the date of this announcement, the Board comprises Mr. FENG Boming1 (Chairman), Mr. ZHANG Dayu1 (Managing Director), Mr. DENG Huangjun1, Mr. ZHANG Wei2, Mr. CHEN Dong2, Mr. WANG Haimin2, Dr. WONG Tin Yau, Kelvin1, Dr. FAN HSU Lai Tai, Rita3, Mr. Adrian David LI Man Kiu3, Mr. FAN Ergang3, Mr. LAM Yiu Kin3 and Prof. CHAN Ka Lok3.

1. Executive Director
2. Non-executiveDirector
3. Independent Non-executive Director

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