I Cable Communications : Conditional Declaration of Wheelock Distribution in Specie

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.

i-CABLE COMMUNICATIONS LIMITED

(Incorporated in Hong Kong with limited liability)

(Stock Code: 1097)

CONDITIONAL DECLARATION OF WHEELOCK DISTRIBUTION IN SPECIE

Reference is made to the circular dated 12 May 2017 ("Circular") and the supplemental announcement dated 19 May 2017 issued by i-CABLE Communications Limited (the "Company"), the announcements dated 9 August 2017 issued by The Wharf (Holdings) Limited and the Company respectively, and the announcements dated 14 August 2017 issued by Wheelock and Company Limited and the Company respectively. Unless otherwise defined in this announcement, capitalised terms used herein shall have the same meanings as defined in the Circular.

As at the date of this announcement, the board of directors of Wheelock had announced that it resolved to conditionally declare a special dividend in the form of the Wheelock Distribution in Specie of the 914,743,686 Shares to which the Wheelock Group is entitled under the Initial Distribution in Specie (the "Relevant Shares"). For more details on the Wheelock Distribution in Specie, please refer to the said announcement dated 28 August 2017 issued by Wheelock.

The Relevant Shares represent approximately 45.48% of the total number of issued Shares at the date of this announcement. Upon completion of the Wheelock Distribution in Specie, it is expected that the Wheelock Group will no longer have any shareholding interests in the Company.

By order of the Board

i-CABLE COMMUNICATIONS LIMITED Kevin C. Y. Hui

Company Secretary

Hong Kong, 28 August 2017

As at the date of this announcement, the Board comprises Mr. Stephen T. H. Ng, Mr. William J. H. Kwan and Mr. Paul Y. C. Tsui, together with four independent non-executive directors, namely, Mr. Herman S. M. Hu, Mr. Roger K. H. Luk, Mr. Sherman S. M. Tang and Mr. Patrick Y. W. Wu.

i-CABLE Communications Limited - Announcement

(28 August 2017)