Dalian Port PDA : POSTPONEMENT OF EXTRAORDINARY GENERAL MEETING; EXTENSION OF BOOK CLOSURE PERIOD; AND UPDATE ON EXISTING ARRANGEMENTS

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Dalian Port (PDA) Company Limited*

大連港股份有限公司

(a sino-foreign joint stock limited company incorporated in the People's Republic of China)

(Stock Code: 2880)

POSTPONEMENT OF EXTRAORDINARY GENERAL MEETING;

EXTENSION OF BOOK CLOSURE PERIOD;

AND UPDATE ON EXISTING ARRANGEMENTS

References are made to the circular dated 13 January 2020 (the "Original Circular"), the notice dated 13 January 2020 (the "Original Notice"), the supplemental circular dated 13 February 2020 (the "Supplemental Circular"), the supplemental notice dated 13 February 2020 (the "Supplemental Notice") and the postponement notice dated 21 February 2020 (the "Postponement Notice") in relation to the postponed extraordinary general meeting (the "EGM") of Dalian Port (PDA) Company Limited* (the "Company"). Unless otherwise indicated, capitalized terms used herein shall have the same meanings as those defined in the Original Circular, the Original Notice, the Supplemental Circular, the Supplemental Notice and the Postponement Notice.

POSTPONEMENT OF EXTRAORDINARY GENERAL MEETING

Taking into account of the recent development of the epidemic caused by novel coronavirus pneumonia, the Company hereby announces that the EGM originally scheduled to be held at 9:00 a.m. on Thursday, 19 March 2020 will be further postponed to 9:00 a.m. on Wednesday, 29 April 2020.

The venue of the further postponed EGM will remain unchanged at Room 109, PDA Group Building, No. 1 Gangwan Street, Zhongshan District, Dalian City, Liaoning Province, PRC.

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EXTENSION OF BOOK CLOSURE PERIOD

The H Share register of members of the Company shall be originally closed from Wednesday, 29 January 2020 to Thursday, 19 March 2020 (both days inclusive), during which period no transfer of H Shares will be effected. Due to postponement of the schedule, the last day for closure of the H Share register of members of the Company will be further extended from Thursday, 19 March 2020 to Wednesday, 29 April 2020 (the last day inclusive). Holders of H Shares whose names appear on the H Shares register of members on Wednesday, 29 April 2020 are entitled to attend and vote at the further postponed EGM.

REVISED PROXY FORM

Saved for the aforesaid changes, the Revised Proxy Form remains unchanged and valid for the further postponed EGM. Shareholders who have not deposited the Revised Proxy Form together with any notarized copy of the power of attorney or other authorization documents (if any) shall complete the Revised Proxy Form in accordance with the instructions printed thereon and deposit at the Company's H share registrar, Computershare Hong Kong Investor Services Limited at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong not less than 24 hours before the time appointed for holding the further postponed EGM or any of its adjournments (as the case may be). For the avoidance of doubt, if a Shareholder has completed and deposited the Revised Proxy Form in accordance with the instructions printed thereon, such Revised Proxy Form will remain valid for the further postponed EGM and such Shareholder needs not re-submit the Revised Proxy Form.

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REPLY SLIP

Saved for the aforesaid changes, the Reply Slip remains unchanged and valid for the further postponed EGM. The deadline for returning the Reply Slip will be extended from Thursday, 27 February 2020 to Wednesday, 8 April 2020. For the avoidance of doubt, if a Shareholder has completed and returned the Reply Slip in accordance with the instructions printed thereon, such Reply Slip will remain valid for the further postponed EGM and such Shareholders needs not re-submit the Reply Slip.

UPDATE ON EXISTING ARRANGEMENTS

As disclosed in the Original Circular, there is a business consolidation in progress between CMG Finance and Dalian Port Finance. The proposed annual caps of the Deposit Services under the New Financial Services Agreement are set at the same level of the existing annual caps of the deposit services under the Financial Services Agreement between the Company and PDA in order to gradually replace the corresponding transactions under the Financial Services Agreement between the Company and PDA. On 9 March 2020, it was resolved that Dalian Port Finance be dissolved by deregistration pursuant to the PRC laws, which process is expected to be in accordance with applicable laws and regulations and the constitutional documents of Dalian Port Finance. As of the date of this announcement, Dalian Port Finance has not completed the dissolution.

Save as disclosed above, all other information set out in the Original Circular, the Original Notice, the Supplemental Circular, the Supplemental Notice and the Postponement Notice shall remain unchanged.

By Order of the Board

Dalian Port (PDA) Company Limited*

WANG Huiying LEE, Kin Yu Arthur

Joint Company Secretaries

Dalian City, Liaoning Province, the PRC

13 March 2020

As at the date of this announcement, the Board comprises:

Executive Director: WEI Minghui

Non-executiveDirectors: CAO Dong, LI Jianhui and YUAN Yi

Independent non-executiveDirectors: WANG Zhifeng, SUN Xiyun and LAW Man Tat

• The Company is registered as Non-Hong Kong company under Part XI of the previous Hong Kong Companies Ordinance (equivalent to Part 16 of the Hong Kong Companies Ordinance with effect from 3 March 2014) under the English name "Dalian Port (PDA) Company Limited".
• For identification purposes only

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