Asia Allied Infrastructure : Appointment of Executive Director

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APPOINTMENT OF EXECUTIVE DIRECTOR

This announcement is made by Asia Allied Infrastructure Holdings Limited (the "Company") pursuant to Rule 13.51(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

The board of directors of the Company (the "Board") is pleased to announce that Madam Han Li ("Madam Han") has been appointed as an Executive Director of the Company with effect from 24 April 2018.

The biographical details of Madam Han are set out below:

Madam Han Li

Madam Han, aged 48, holds a Bachelor's degree of Engineering of Xiangtan University and a Master's degree in Economics of Jinan University. She is currently the deputy general manager of SFund International Investment Fund Management Limited. Madam Han has over 15 years' extensive experience in management and securities investment in banking and finance industry.

As at the date of this announcement, Madam Han does not have any interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). Madam Han does not have any relationship with any other directors, senior management, substantial shareholders or controlling shareholders of the Company (as defined in the Listing Rules). Save as disclosed above, she does not hold any directorships in any other listed public companies in Hong Kong or overseas in the last three years before the date of this announcement.

Madam Han has entered into a service contract with the Company with no fixed terms of services but is subject to retirement by rotation and re-election in accordance with the bye-laws of the Company. Madam Han is entitled to a salary of HK$120,000 per annum, which is determined with reference to her duties and responsibilities. She is also eligible for a performance-based bonus subject to the approval of the Remuneration Committee of the Board. The service contract may be terminated by either party by giving three months' written notice.

Except for the foregoing, Madam Han confirms that there is no other information which is discloseable pursuant to any of the requirements under Rules 13.51(2)(h) to (v) of the Listing Rules and there are no other matters that need to be brought to the attention of the shareholders of the Company.

The Board would like to extend its warmest welcome to Madam Han for joining the Board.

By Order of the Board

ASIA ALLIED INFRASTRUCTURE

HOLDINGS LIMITED

Pang Yat Ting, Dominic

Chairman

Hong Kong, 24 April 2018

As at the date of this announcement, the executive directors of the Company are Mr. Pang Yat Ting, Dominic, Mr. Xu Jianhua, Ir Dr. Pang Yat Bond, Derrick, JP, Mr. Shea Chun Lok, Quadrant, Madam Li Wai Hang, Christina and Madam Han Li, and the independent non-executive directors of the Company are Mr. Ho Gilbert Chi Hang, Mr. Lam Yau Fung, Curt and Mr. Wu William Wai Leung.