First Shanghai Investments : NOTIFICATION LETTER AND REQUEST FORM TO NON-REGISTERED SHAREHOLDERS

FIRST SHANGHAI INVESTMENTS LIMITED

第一上海投資有限公司

(Incorporated in Hong Kong with limited liability)

(於香港註冊成立之有限公司)

(Stock Code: 227)

(股份代號: 227)

23 September 2019

Dear Investor (Note) ,

First Shanghai Investments Limited (the "Company") - 2019 Interim Report and Circular (the "Current Corporate Communications")

We are pleased to inform you that the English and Chinese versions of the Current Corporate Communications are now available on Hong Kong Exchanges and Clearing Limited's website at www.hkexnews.hkand on the Company's website at www.firstshanghai.com.hk. You may access the Current Corporate Communications by clicking "Investor Relations" on the homepage of the Company's website.

If you want to receive a printed copy of the Current Corporate Communications, please complete the request form (the "Request Form") on the reverse side and send it to the Company c/o the Company's Share Registrar, Computershare Hong Kong Investor Services Limited, by post using the mailing label at the bottom of the Request Form (no stamp is needed if posted in Hong Kong). The address of the Company's Share Registrar is 17M Floor, Hopewell Centre, 183 Queen's Road East, Wan Chai, Hong Kong. You may also send an email with a scanned copy of the Request Form to [e-mail]. The Company's Share Registrar will arrange to send the printed copy of the Current Corporate Communications to you upon receipt of the Request Form.

If you have any query about how to obtain a copy of the Current Corporate Communications or how to access the Current Corporate Communications on the Company's website, please contact the Company's Share Registrar at (852)2862 8688 during business hours from 9:00 a.m. to 6:00 p.m., Monday to Friday, excluding public holidays.

	For and on behalf of
	First Shanghai Investments Limited
Note:	This notification letter is being sent to the non-registered holders of the shares of the Company, whose shares are held in the Central Clearing and Settlement System (CCASS) and who have
	notified the Company through Hong Kong Securities Clearing Company Limited that they wish to receive the Current Corpora te Communications. If you have sold or transferred your shares in the
	Company, please disregard this notification letter and the Request Form enclosed.

致投資者(附 註 )：

第一上海投資有限公司（「本公司」）－ 2019 中期報告及通函 ("本次公司通訊文件")

本公司欣然知會 閣下本公司之本次公司通訊文件的中、英文版本現已登載於香 港 交 易 及 結 算 所 有 限 公 司 之 披 露 易 網 站

• www.hkexnews.hk）及本公司網站（www.firstshanghai.com.hk）。 閣下可於本公司網址首頁點擊「投資者關係」一欄, 即可下載及瀏 覽本次公司通訊文件。

倘 閣下欲收取本次公司通訊文件之印刷本，請填妥在本函背面的申請表格（「申請表格」），並使用申請表格下方的郵寄標籤

寄回本公司之股份過戶登記處，香港中央證券登記有限公司（如在香港投寄則毋須貼上郵票），地址爲香港灣仔皇后大道東183號 合和中心17M樓。 閣下亦可把已填妥之申請表格的掃描副本電郵到 [e-mail]。本公司之股份過戶 登記處在

收到 申請表格後會安排寄發本次公司通訊文件的印刷本予 閣下。

倘 閣下對於如何索取本次公司通訊文件或如何在本公司網站上閱覽本次公司通訊文件有任何疑問，請致電本公司的股份過戶登記處 熱綫 (852) 2862 8688，辦公時間為星期一至五（公眾假期除外）上午 9 時正至下午 6 時正。

	第一上海投資有限公司
	謹啟
二零一九年九月二十三日
附註：	本通知函件收件對象為本公司非登記股份持有人。該等人士的股份存放於中央結算及交收系統（中央結算系統）及他們已經通過香港中央結算有限公司通知本
	公司，希望收到本次公司通訊文件。如果 閣下已出售或轉讓所持有的本公司股份，則無需理會本通知函件及所附申請表格。

CCS6517FSIH_NRH

Request Form 申請表格

To: First Shanghai Investments Limited (the "Company")	致：	第一上海投資有限公司（「公司」）
(Stock Code: 227)		（股份代號：227）

c/o Computershare Hong Kong Investor Services Limited	經香港中央證券登記有限公司
17M Floor, Hopewell Centre,
	香港灣仔皇后大道東 183 號
183 Queen's Road East,
	合和中心 17M 樓
Wanchai, Hong Kong
I/We would like to receive a printed copy of the 2019 Interim Report and Circular of the Company as indicated below:
本人／我們希望以下列方式收取	貴公司之 2019 中期報告及通函之印刷本：

(Please mark ONLY ONE（X）of the following boxes)

(請從下列選擇中，僅在其中一個空格內劃上「X」號)

□

□

□

I/We would like to receive the printed English version.

本人／我們希望收取一份英文印刷本。

I/We would like to receive the printed Chinese version.

本人／我們希望收取一份中文印刷本。

I/We would like to receive both the printed English and Chinese versions.

本人／我們希望收取英文和中文各一份印刷本。

		Contact telephone
Signature		number		Date
簽名		聯絡電話號碼		日期

Notes 附註：
1.	This Request Form is to be completed by the non-registered holders of the shares of the Company, whose shares are held in Central Clearing and Settlement System (CCASS) and who have notified
	the Company through Hong Kong Securities Clearing Company Limited that they wish to receive the Current Corporate Communications. Please complete all your details clearly.
	本申請表格應由本公司非登記股份持有人填寫。該等人士的股份存放於中央結算及交收系統（中央結算系統），他們並已經通過香港中央結算有限公司通知本公司，希
	望收到本次公司通訊文件。請 閣下清楚填妥所有資料。
2.	Any form with more than one box marked (X), with no box marked (X), with no signature or otherwise incorrectly completed will be void.
	如在 本表格作出超 過一項選擇、 或未有作 出 選擇、或未有 簽署、或在其 他方面填寫 不正確，則本 表格將會作廢 。
3.	For the avoidance of doubt, we do not accept any special instructions written on this Request Form.
	為免 存疑，任何在 本申請表格上 的額外手寫 指示，本公司 將不予處理。

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

	郵寄標籤 MAILING LABEL
閣下寄回此申請表格時，請將郵寄標籤剪貼於信封上。	香港中央證券登記有限公司
如在本港投寄毋須貼上郵票。	Computershare Hong Kong Investor Services Limited
Please cut the mailing label and stick this on the envelope	簡便回郵號碼 Freepost No. 37
to return this Request Form to us.
香港 Hong Kong
No postage stamp necessary if posted in Hong Kong.

FSIH-23092019-1(7)