Swire Properties : Notice of Listing on The Stock Exchange of Hong Kong Limited Swire Properties MTN Financing Limited

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.

NOTICE OF LISTING ON

THE STOCK EXCHANGE OF HONG KONG LIMITED

SWIRE PROPERTIES MTN FINANCING LIMITED

(incorporated in Hong Kong under the Companies Ordinance with limited liability)

unconditionally and irrevocably guaranteed by

SWIRE PROPERTIES LIMITED

太古地產有限公司

(incorporated in Hong Kong under the Companies Ordinance with limited liability)

(Stock Code: 01972)

US$4,000,000,000

MEDIUM TERM NOTE PROGRAMME

Joint Arrangers

The Hongkong and Shanghai Banking Corporation Limited

Standard Chartered Bank

Application has been made to The Stock Exchange of Hong Kong Limited for the listing of the US$4,000,000,000 Medium Term Note Programme (the "Programme"), under which notes may be issued by way of debt issues to professional investors (as defined in Chapter 37 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited) and to professional investors (as defined in the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong) as extended by the Securities and Futures (Professional Investor) Rules (Cap. 571D of the Laws of Hong Kong)) only for 12 months after 25 May 2018 as described in the offering circular dated 25 May 2018 prepared in respect of the Programme. The listing of the Programme is expected to become effective on 28 May 2018.

25 May 2018

As at the date of this announcement, the Directors of Swire Properties MTN Financing Limited are:

G.M.C. Bradley, F.N.Y. Lung, A.H.S. Lee and Y. Dai.

As at the date of this announcement, the Directors of Swire Properties Limited are: Executive Directors: J.R. Slosar (Chairman), G.M.C. Bradley and F.N.Y. Lung;

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Non-Executive Directors: P. Healy, R.S.K. Lim, M.M.S. Low and M.B. Swire;

Independent Non-Executive Directors: S.E. Bradley, L.K.L. Cheng, S.T. Fung, S.C. Liu and

M.Y. Wu.