Sinopec Shanghai Petrochemical : Date of Meeting of the Board of Directors

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(A joint stock limited company incorporated in the People's Republic of China)

(Stock Code: 00338)

Date of Meeting of the Board of Directors

This announcement is made pursuant to Rule 13.43 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The board of directors (the "Board") of Sinopec Shanghai Petrochemical Company Limited (the "Company" and its subsidiaries, the "Group") announces that a meeting of the Board of the Company will be held on Wednesday, 23 October 2019 for the purposes of considering and approving the third quarterly results of the Group for the nine months ended 30 September 2019 prepared in accordance with the China Accounting Standards for Business Enterprises for publication and transacting any other business.

By Order of the Board

Sinopec Shanghai Petrochemical Company Limited

Guo Xiaojun

Joint Company Secretary

Shanghai, the PRC, 15 October 2019

As at the date of this announcement, the executive directors of the Company are Wu Haijun, Shi Wei, Jin Qiang, Guo Xiaojun, Zhou Meiyun and Jin Wenmin; the non-executive directors of the Company are Lei Dianwu and Mo Zhenglin; and the independent non-executive directors of the Company are Zhang Yimin, Liu Yunhong, Du Weifeng and Li Yuanqin.