CITIC : Notice of Listing on The Stock Exchange of Hong Kong Limited - Issue of U.S.$300,000,000 2.45 per cent. Notes due 2025 and U.S.$700,000,000 2.85 per cent. Notes due 2030 under the U.S.$9,000,000,000 Medium Term Note Programme

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.

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities. This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The Notes to be issued under the Programme have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any other jurisdiction, and may not be offered or sold within the United States (as defined in Regulation S under the Securities Act ("Regulation S")) or to, or for the account or benefit of, U.S. persons (as defined in Regulation S) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Accordingly, the Notes will be offered and sold only outside the United States to non-U.S. persons in compliance with Regulation S.

NOTICE OF LISTING ON

THE STOCK EXCHANGE OF HONG KONG LIMITED

Issue of:

U.S.$300,000,000 2.45 per cent. Notes due 2025 (Stock code: 40161)

and

U.S.$700,000,000 2.85 per cent. Notes due 2030

(Stock code: 40162)

(together, the "Notes")

under the U.S.$9,000,000,000 Medium Term Note Programme (the "Programme")

		Joint Lead Managers
	CLSA	HSBC	Morgan Stanley
		Managers
AMTD	BOC International	China CITIC Bank	Mizuho Securities	UBS
		International

Application has been made to The Stock Exchange of Hong Kong Limited (the "SEHK") for the listing of, and permission to deal in, the Notes to be issued under the Programme as described in the offering circular dated 31 May 2019 prepared in respect of the Programme and the pricing supplements dated 18 February 2020 prepared in respect of the Notes. The Notes will be offered to professional investors (as defined in Chapter 37 of the Rules Governing the Listing of Securities on the SEHK and in the Securities and Futures Ordinance (Cap. 571) of Hong Kong) only. Permission to deal in the Notes is expected to become effective on 26 February 2020.

25 February 2020

As at the date of this announcement, the executive directors of CITIC Limited are Mr Chang Zhenming (Chairman), Mr Wang Jiong and Ms Li Qingping; the non-executive directors of CITIC Limited are Mr Song Kangle, Ms Yan Shuqin, Mr Liu Zhuyu, Mr Peng Yanxiang, Mr Liu Zhongyuan and Mr Yang Xiaoping; and the independent non-executive directors of CITIC Limited are Mr Francis Siu Wai Keung, Dr Xu Jinwu, Mr Anthony Francis Neoh, Mr Shohei Harada and Mr Gregory Lynn Curl.