Orient Overseas International : DATE OF BOARD MEETING AND PROPOSED DECLARATION OF A SPECIAL DIVIDEND

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ORIENT OVERSEAS (INTERNATIONAL) LIMITED

東 方 海 外 ( 國 際 ) 有 限 公 司 *

(Incorporated in Bermuda with members' limited liability)

(Stock Code: 316)

DATE OF BOARD MEETING

AND

PROPOSED DECLARATION OF A SPECIAL DIVIDEND

The board of directors (the "Board") of Orient Overseas (International) Limited (the "Company") announces that a meeting of the Board will be held on Friday, 6 December 2019 for the purposes of, among other things, considering and approving the declaration of a special dividend (the "Special Dividend").

Subject to approval at the Board meeting, the Company will make a further announcement to set out the details of the Special Dividend.

As the proposed Special Dividend may or may not be approved by the Board at the Board meeting, shareholders and potential investors of the Company are advised to exercise caution in dealing in the shares of the Company.

By Order of the Board

Orient Overseas (International) Limited

Lammy LEE

Company Secretary

Hong Kong, 26 November 2019

As at the date of this announcement, our Executive Directors are Mr. XU Lirong, Mr. WANG Haimin, Mr. YANG Zhijian, Mr. FENG Boming and Mr. TUNG Lieh Cheung Andrew; our Non -Executive Directors are Mr. YAN Jun, Ms. WANG Dan, Mr. IP Sing Chi and Ms. CUI Hongqin; and our Independent Non-Executive Directors are Mr. CHOW Philip Yiu Wah, Dr. CHUNG Shui Ming Timpson, Mr. YANG Liang Yee Philip, Ms. CHEN Ying and Mr. SO Gregory Kam Leung.

• For identification purposes only website: http://www.ooilgroup.com