Hainan Meilan International Airport : FURTHER DELAY IN DESPATCH OF CIRCULAR

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海南美蘭國際空港股份有限公司

Hainan Meilan International Airport Company Limited*

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 357)

FURTHER DELAY IN DESPATCH OF CIRCULAR

References are made to the announcement of Hainan Meilan International Airport Company Limited (the "Company") dated 11 May 2020 in relation to the very substantial acquisition and connected transaction contemplated under the Supplemental Investment and Construction Agreement (the "Announcement") and the announcement of the Company dated 1 June 2020 (the "Delay Announcement") in relation to the delay in despatch of the circular relating to the aforesaid matter (the "Circular"). Capitalised terms used herein shall have the same meaning as ascribed to them in the Announcement unless the context otherwise requires.

As stated in the Delay Announcement, the Circular containing, among other things, (i) further details of the Supplemental Investment and Construction Agreement and the transactions contemplated thereunder; (ii) the letter of advice from the Independent Financial Adviser to advise the Independent Board Committee and the Independent Shareholders; (iii) the letter from the Independent Board Committee to the Independent Shareholders; (iv) the notice of the EGM; and

1. other information as required under the Listing Rules, will be despatched to the Shareholders on or before 31 July 2020. As additional time is required to finalize certain information to be included in the Circular, it is expected that the despatch date of the Circular will be postponed to a date falling on or before 31 August 2020.

By order of the Board

Hainan Meilan International Airport Company Limited*

Wang Zhen

Chairman

Haikou, the PRC

31 July 2020

As at the date of this announcement, the Board comprises (i) five executive directors, namely Mr. Wang Zhen, Mr. Wang Hong, Mr. Wang Hexin, Mr. Yu Yan and Mr. Xing Zhoujin; (ii) two non-executive directors, namely Mr. Chan Nap Kee, Joseph and Mr. Yan Xiang; and (iii) four independent non-executive directors, namely Mr. Deng Tianlin, Mr. Fung Ching, Simon, Mr. George F Meng and Mr. He Linji.

• For identification purposes only