SETTLEMENT ANNOUNCEMENT - PARTIAL REPURCHASE OF THE OUTSTANDING HK$1,879,000,000 ZERO COUPON GUARANTEED CONVERTIBLE BONDS DUE 2019 (ISIN: XS1763165518; Common Code: 176316551)

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 not an offer to purchase, a solicitation of an offer to purchase or a solicitation of an offer to sell any securities and neither this announcement nor anything herein forms the basis for any contract or commitment whatsoever. This announcement does not constitute, and may not be used in connection with, any form of offer or solicitation in any place where such offers or solicitations are not permitted by law.

THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE COMMONWEALTH OF THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA OR IN OR INTO ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT.

CIFI Holdings (Group) Co. Ltd.

ϛ ሾ છ ٰ€ ණ ྠ Ϟ ࠢ ʮ ̡

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 00884)

SETTLEMENT ANNOUNCEMENT

PARTIAL REPURCHASE OF THE OUTSTANDING HK$1,879,000,000 ZERO

COUPON GUARANTEED CONVERTIBLE BONDS DUE 2019

(ISIN: XS1763165518; Common Code: 176316551)

Sole Dealer Manager

Reference is made to the announcements of CIFI Holdings (Group) Co. Ltd. (ϛሾછٰ €ණྠϞࠢʮ̡) (the "Company") dated 6 December 2018 and 10 December 2018 (the "Announcements") in relation to the repurchase of the Bonds. Unless otherwise defined, terms used in this announcement shall have the same meanings as defined in the Announcements.

The Company is pleased to announce that the settlement of the Repurchase was completed on 17 December 2018. Following the settlement of the Repurchase, the Repurchased Bonds in the aggregate principal amount of HK$851 million were cancelled and the aggregate principal amount of the remaining outstanding Bonds is HK$1,028 million as at the date of this announcement.

By order of the Board CIFI Holdings (Group) Co. Ltd.

LIN Zhong

Chairman

Hong Kong, 19 December 2018

As at the date of this announcement, the Board comprises Mr. LIN Zhong, Mr. LIN Wei, Mr.

LIN Feng, Mr. CHEN Dongbiao and Mr. YANG Xin as executive Directors; Mr. WANG Wei as non-executive Director; and Mr. GU Yunchang, Mr. ZHANG Yongyue and Mr. TAN Wee Seng as independent non-executive Directors.