Shenzhen Expressway : Voluntary Announcement - Possible Acquisition of Office Property

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.

深圳高速公路股份有限公司

SHENZHEN EXPRESSWAY COMPANY LIMITED

(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 00548)

VOLUNTARY ANNOUNCEMENT

POSSIBLE ACQUISITION OF OFFICE PROPERTY

This announcement is made by Shenzhen Expressway Company Limited (the "Company") on voluntary basis.

The board (the "Board") of directors (the "Directors") of the Company hereby announces that on the 2nd meeting of the 9th session of the Board held on 25 February 2021, the Board considered and approved, among others, the resolution in relation to the Company's proposed acquisition of the office property located on 35-48th Floors of Hanjing Financial Centre (漢京 金融中心) in Shenzhen, China. The shareholders and potential investors of the Company shall aware that the agreement in relation to the proposed acquisition of the office property has not been signed and it remains uncertain as to whether the transaction contemplated thereunder will be carried out or not. Upon the proposed acquisition of the office property has been confirmed and the relevant agreement has been signed, the Company will make further announcement pursuant to the requirements under the Rules the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (if applicable).

By Order of the Board

Gong Tao Tao

Joint Company Secretary

Shenzhen, PRC, 3 March 2021

As at the date of this announcement, the Directors of the Company are Mr. HU Wei (Executive Director and Chairman of the Board), Mr. LIAO Xiang Wen (Executive Director and President), Mr. WANG Zeng Jin (Executive Director), Mr. WEN Liang (Executive Director),

Mr. CHEN Zhi Sheng (Non-executive Director), Mr. DAI Jing Ming (Non-executive Director),

Ms. LI Xiao Yan (Non-executive Director), Ms. CHEN Hai Shan (Non-executive Director), Ms.

CHEN Xiao Lu (Independent non-executive Director), Mr. BAI Hua (Independent non-executive Director) and Mr. LI Fei Long (Independent non-executive Director).

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