Guangdong Investment : Announcement Pursuant to Rule 13.51B(2) of the Listing Rules

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.

(Incorporated in Hong Kong with limited liability)

(Stock Code: 0270)

ANNOUNCEMENT PURSUANT TO RULE 13.51B(2) OF THE LISTING RULES

This announcement is made by Guangdong Investment Limited (the "Company") pursuant to Rule 13.51B(2) of The Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"). The information came to the attention of the Company when it appeared on the announcement of The Bank of East Asia, Limited (the "Bank") dated 16 October 2018.

On 3 October 2018, the National Court in Madrid opened a criminal investigation in relation to certain transactions undertaken by CaixaBank, S.A. ("CaixaBank", formerly known as Criteria CaixaCorp, S.A., a Spanish banking entity), including: (i) the transfer by CaixaBank to Criteria Caixa, S.A., Sociedad Unipersonal ("Criteria", a Spanish holding company) of its stake of approximately 17.24 per cent. in the Bank and its stake of approximately 9.01 per cent. in Grupo Financiero Inbursa, S.A.B. de C.V.; (ii) the sale of 9.9 per cent. of the treasury stock of CaixaBank; (iii) the sale of 2 per cent. of the shares of Banco de Fomento Angola, S.A. ("BFA") by Banco BPI, S.A. ("BPI") to Unitel S.A., of which Ms. Isabel dos Santos is a shareholder; (iv) the grant of a credit line of €400 million to BFA; and (v) CaixaBank's takeover bid for BPI to increase its existing stake by 39.04 per cent. to 84.5 per cent. (the "Investigation").

The Investigation has been brought against CaixaBank, Criteria, six other executives/directors of CaixaBank, and Dr. the Honourable LI Kwok Po, David ("Dr. Li"), and arose out of a petition by two individual shareholders of CaixaBank who have unsuccessfully attempted to bring criminal actions against CaixaBank in the past.

The allegations include alleged market abuse, insider trading, misrepresentation of financial statements, mismanagement of the firms and unfair treatment of shareholders.

Dr. Li resigned as Director of CaixaBank on 23 October 2014. He has informed the Bank that he considers the allegations to be unfounded and without merit.

Shareholders of the Company and potential investors are reminded to exercise caution when dealing in the securities of the Company.

The Company will make further announcement(s) in relation to the Investigation as and when appropriate in accordance with the Listing Rules.

By Order of the Board

HO LAM Lai Ping, Theresa Director and Company Secretary

Hong Kong, 19 October 2018

As at the date of this announcement, the board of Directors comprises four Executive Directors, namely, Mr. HUANG Xiaofeng, Mr. WEN Yinheng, Mrs. HO LAM Lai Ping, Theresa and Mr. TSANG Hon Nam; five Non-Executive Directors, namely, Mr. CAI Yong, Mr. ZHANG Hui, Ms. ZHAO Chunxiao, Mr. LAN Runing and Mr. LI Wai Keung; and five Independent Non-Executive Directors, namely, Dr. CHAN Cho Chak, John, Dr. the Honourable LI Kwok Po, David, Mr. FUNG, Daniel R., Dr. the Honourable CHENG Mo Chi, Moses and Mr. WU Ting Yuk, Anthony.