I CABLE Communications : DELAY IN DESPATCH OF THE CIRCULAR

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.

This announcement appears for information purposes only and does not constitute an invitation or offer to sell, dispose, acquire, purchase or subscribe for any securities of the Company.

i-CABLE COMMUNICATIONS LIMITED

(Incorporated in Hong Kong with limited liability)

(Stock Code: 1097)

DELAY IN DESPATCH OF THE CIRCULAR

Reference is made to the announcement of i-CABLE Communications Limited (the ''Company'') dated 27 January 2021 in respect of the connected transaction in relation to the proposed issue of unlisted long-term convertible securities to Forever Top (Asia)

Limited under specific mandate (the ''Announcement''). Unless otherwise stated, capitalised terms used herein shall bear the same meanings as those defined in the Announcement.

As disclosed in the Announcement, a circular (the ''Circular'') containing the information required under the Listing Rules, among other matters, (i) further details of the 2021 LCS Subscription Agreement; (ii) a letter of recommendation from the Independent Board Committee to the Independent Shareholders in relation to the Subscription; and (iii) a letter of advice from the Independent Financial Adviser to the Independent Board Committee and the Independent Shareholders in relation to the Subscription, and together with a notice of the GM are expected to be despatched to the Shareholders on or before 26 February 2021.

As additional time is required to finalise certain information to be included in the Circular, the Company expects that the Circular will be despatched on or before 2 March 2021.

By order of the Board i-CABLE Communications Limited

Kwok Chi Kin

Company Secretary

Hong Kong, 26 February 2021

As at the date of this announcement, the Board comprises eleven Directors, namely Tan Sri Dato' David Chiu (Chairman), Dr. Cheng Kar-Shun, Henry (Vice-chairman), Mr. Tsang On Yip, Patrick, Mr. Hoong Cheong Thard, Mr. Lie Ken Jie Remy Anthony Ket Heng and Ms.

Ng Yuk Mui Jessica as non-executive Directors, Mr. Andrew Wah Wai Chiu as an executive Director, and Mr. Lam Kin-Fung, Jeffrey, Dr. Hu Shao Ming Herman, Mr. Luk Koon Hoo, Roger and Mr. Tang Sing Ming Sherman as independent non-executive Directors.