Jiangsu Expressway : POSTPONEMENT OF DATE OF BOARD MEETING

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江 蘇 寧 滬 高 速 公 路 股 份 有 限 公 司

JIANGSU EXPRESSWAY COMPANY LIMITED

(Established in the People's Republic of China as a joint-stock limited company)

(Stock Code: 00177)

POSTPONEMENT OF DATE OF BOARD MEETING

Reference is made to the announcement dated 17 January 2020 by Jiangsu Expressway Company Limited (the "Company") that the Board of Directors will be held at the Company's conference room at 6 Xianlin Avenue, Qixia District, Nanjing, Jiangsu Province, the PRC on Friday, 20 March 2020 at 9 a.m. for the purpose of approving the final results of the Company for the year ended 31 December 2019, the dividend scheme and transacting other related businesses.

Due to the spread of coronavirus, there has been a delay in the audit progress and collecting confirmations from third parties, including banks. As such, the audit of the accounts for the year ended 31 December 2019 is yet to be completed. Having considered the progress of the audit and the additional time required for third parties confirmations, the Board announces that the date of the meeting of the Board for considering and approving the final results of the Company for the year ended 31 December 2019, the dividend scheme and transacting other related businesses will be postponed to 9:00 a.m., Tuesday, 31 March 2020.

By order of the Board

Yao Yongjia

Secretary to the Board

Nanjing, the PRC, 16 March 2020

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As at the date of this announcement, the Directors of the Company are:

Sun Xibin, Yao Yongjia, Chen Yanli, Chen Yongbing, Wu Xinhua, Hu Yu, Ma Chung Lai, Lawrence, Zhang Zhuting*, Chen Liang*, Lin Hui*, Zhou Shudong*, Liu Xiaoxing*

• Independent Non-executive Directors

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