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.

CSI PROPERTIES LIMITED

資 本 策 略 地 產 有 限 公 司*

(Incorporated in Bermuda with limited liability)

(Stock Code: 497)

Overseas Regulatory Announcement

The attached announcement has been released to Singapore Exchange Securities Trading Limited by Estate Sky Limited, a wholly-owned subsidiary of CSI Properties Limited.

Hong Kong, 6 February 2020

As at the date of this announcement, Mr. Chung Cho Yee, Mico (Chairman), Mr. Kan Sze Man, Mr. Chow Hou Man and Mr. Fong Man Bun, Jimmy are the executive directors of the Company, and Dr. Lam Lee G., Mr. Cheng Yuk Wo, Dr. Lo Wing Yan, William, JP and Hon. Shek Lai Him, Abraham, GBS, JP are the independent non-executive directors of the Company.

* For identification purpose only

ESTATE SKY LIMITED

(Incorporated with limited liability under the laws of the British Virgin Islands)

ANNOUNCEMENT

REPURCHASE OF US$250,000,000 4.875 PER CENT. GUARANTEE NOTES DUE 2021

Estate Sky Limited ("Estate Sky" or the "Company") wishes to announce the repurchase on 3 February 2020 of an aggregate principal amount of US$1,500,000 of the US$250,000,000 4.875 per cent. Guarantee Notes due 2021 issued on 1 August 2016 (the "2021 Bonds") (collectively, the "Repurchase"). The Repurchase was carried out by way of on-market purchases via a subsidiary of Estate Sky's holding company, CSI Properties Limited. The 2021 Bonds are listed on the Singapore Exchange Securities Trading Limited.

The settlement and cancellation for the repurchased 2021 Bonds had completed on 5 February 2020. Following cancellation, the aggregate outstanding principal amount of the 2021 Bonds will be US$247,500,000.

The 2021 Bonds were repurchased at an average price of 99.14.

BY ORDER OF THE BOARD

Kan Sze Man

Director

6 February 2020

Hong Kong

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CSI Properties Limited published this content on 06 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 February 2020 08:57:09 UTC