Lippo China Resources : JOINT ANNOUNCEMENT - FURTHER DELAY IN DESPATCH OF CIRCULARS

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.

LIPPO LIMITED	LIPPO CHINA RESOURCES LIMITED
力寶有限公司	力寶華潤有限公司
(Incorporated in Hong Kong	(Incorporated in Hong Kong
with limited liability)	with limited liability)
(Stock Code: 226)	(Stock Code: 156)

JOINT ANNOUNCEMENT

FURTHER DELAY IN DESPATCH OF CIRCULARS

Reference is made to the joint announcement of Lippo and LCR dated 30 August 2019 in relation to the Disposal and the joint announcement of Lippo and LCR dated 12 September 2019 in relation to the grant of waiver from strict compliance with rule 14.41(a) of the Listing Rules (together the "Announcements"). Unless the context otherwise requires, capitalised terms used herein shall have the same meanings as defined in the Announcements.

This announcement is made pursuant to rule 14.36A of the Listing Rules.

As disclosed in the Announcements, the Stock Exchange has granted a waiver from strict compliance of rule 14.41(a) of the Listing Rules if the Lippo Circular and the LCR Circular are despatched on or before 8 October 2019. However, as additional time is required to finalise the contents of the Lippo Circular and the LCR Circular, each of Lippo and LCR have further applied to the Stock Exchange for, and the Stock Exchange has granted, a waiver from strict compliance with rule 14.41(a) of the Listing Rules if the Lippo Circular and LCR Circular are despatched on or before 14 October 2019.

The Stock Exchange may withdraw or change the waiver if Lippo's or LCR's situation changes.

As Completion is subject to the fulfilment of certain Conditions Precedent and may or may not proceed, the LCR Shareholders, the Lippo Shareholders and potential investors should exercise caution when dealing in the shares of LCR and/or Lippo.

By Order of the Board	By Order of the Board
LIPPO LIMITED	LIPPO CHINA RESOURCES LIMITED
John Luen Wai Lee	John Luen Wai Lee
Managing Director and	Chief Executive Officer
Chief Executive Officer
Hong Kong, 4 October 2019
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As at the date of this announcement, the board composition of each of Lippo and LCR is as follows:

Lippo	LCR
Executive Directors:	Executive Directors:
Dr. Stephen Riady (Chairman)	Dr. Stephen Riady (Chairman)
Mr. John Luen Wai Lee	Mr. John Luen Wai Lee
(Managing Director and	(Chief Executive Officer)
Chief Executive Officer)	Mr. James Siu Lung Lee
Non-executive Directors:	Non-executive Director:
Mr. Jark Pui Lee	Mr. Leon Nim Leung Chan
Mr. Leon Nim Leung Chan
Independent Non-executive Directors:	Independent Non-executive Directors:
Mr. Edwin Neo	Mr. Edwin Neo
Mr. King Fai Tsui	Mr. King Fai Tsui
Mr. Victor Ha Kuk Yung	Mr. Victor Ha Kuk Yung

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