References are made to the announcements of Hopson Development Holdings Limited dated (i) 22 June 2021 and 28 June 2021, respectively, in relation to the issue of the USD 200 million 6.8% guaranteed senior notes due 2023 by the Company (the Original Notes); and (ii) 21 July 2021 and 28 July 2021, respectively, in relation to the issue of the additional USD 37.5 million 6.8% guaranteed senior notes due 2023 by the Company (which have been consolidated and formed a single series with the Original Notes, and collectively with the Original Notes, the ``Notes'' (ISIN: XS2353028298)). The company hereby announced that as at the date of this announcement, it has repurchased the outstanding Notes in the aggregate amount of USD 13 million in the open market (the ``Repurchased Notes''), which have been cancelled in accordance with the terms of the Notes and indenture (the ``Repurchase''). The Repurchased Notes represent approximately 5.5% of the aggregate principal amount of the Notes outstanding, which was USD 237.5 million immediately prior to the Repurchase.

Upon completion of the Repurchase, USD 224.5 million in aggregate principal amount of the Notes remain outstanding.