General Announcement::PARTIAL REPURCHASE OF SENIOR NOTES

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or

qualification under the securities laws of any such jurisdiction. The	securities referred	to herein	will not be registered
under the Securities Act, and may not be offered or sold	in the United States except	pursuant	to an exemption from,
or a transaction not subject to,	the registration requirements of the	Securities Act. Any public offering of securities to
be made in the United States will	be made by means	of a	prospectus. Such prospectus	will contain detailed information
about the company making the offer and its management	and	financial	statements. The Company does not intend to make
any public offering of securities in the United States.

GUANGDONG - HONG KONG GREATER BAY AREA

HOLDINGS LIMITED

粵 港 灣 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 1396)

PARTIAL REPURCHASE OF SENIOR NOTES

Reference is made to the announcements of Guangdong-Hong Kong Greater Bay Area Holdings Limited (the ''Company'', together with its subsidiaries, the ''Group'') dated 2 December 2019, 4 December 2019, 12 December 2019, 13 December 2019, 20 December 2019, 27 December 2019 and 6 December 2021 (collectively, the ''Announcements'') on The Stock Exchange of Hong Kong Limited in relation to the 14% senior notes due 19 December 2021 (the ''2021 Notes'') issued by the Company. Unless otherwise defined, capitalised terms used herein shall have the same meanings as defined in the Announcements.

On 13 December 2021, the Group further repurchased the 2021 Notes in an aggregate principal amount of US$11 million. As at the date of this announcement, such repurchased notes have been cancelled.

The Company will continue to monitor market conditions and its financial structure and may further repurchase its senior notes as and when appropriate.

The Company may or may not purchase further senior notes in the future. Noteholders and potential investors should note that any purchase of senior notes from time to time by the Company will be at the Board's sole and absolute discretion. There is no assurance of the timing, amount or price of any purchase of the senior notes or whether the Company will make any further purchase at all. Noteholders and potential investors should therefore exercise caution when dealing in any senior notes of the Company.

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By order of the Board

Guangdong - Hong Kong Greater Bay Area Holdings Limited

WONG Choi Hing

Chairman and Executive Director

Hong Kong, 13 December 2021

As at the date of this announcement, the executive directors of the Company are Mr. Wong Choi Hing, Mr. Zeng Yunshu, Mr. Cai Hongwen, Mr. Yang Sanming and Mr. Wang Dewen; and the independent non-executive directors of the Company are Mr. Lam Chi Yuen Nelson, Mr. Yue Zheng and Mr. Dai Yiyi.

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