YuanShengTai Dairy Farm : Disclosure of Dealings under Rule 22 of the Takeovers Code

Public Disclosure Form

23 September 2020

Voluntary general offer

Disclosure of dealings in the shares of YuanShengTai Dairy Farm Limited

The Executive received the following disclosure of securities dealings pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers:

Party	Date	Description	Description	Nature of	Number of	Maturity	Reference	Total amount	Resultant
		of relevant	of products	dealings	reference	date /	price	paid /	balance
		securities			securities to	closing		received	(including
					which the	out date			those of any
					derivatives				person with
					relate				whom there is
									an agreement
									or
									understanding)
Morgan Stanley &	22 September	Derivatives	Other types	Unsolicited client	31,000	26 July	$0.6200	$19,220.0000	0
Co., International plc	2020		of products	facilitation - Sale		2021

End

Note:

Public Disclosure Form

Morgan Stanley & Co., International plc is a Class (6) associate connected with the Offeror.

Dealings were made for its own account.

Morgan Stanley & Co., International plc is ultimately owned by Morgan Stanley.