KADOORIA One-of-a-kind Luxury Residence at Kadoorie Hill

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PRESS RELEASE KADOORIA One-of-a-kind Luxury Residence at Kadoorie Hill Sales Video and Chauffeured Service in a Classic Bentley for Onsite Show Home Viewings [19 October 2017, Hong Kong] Exquisitely crafted by CITIC Pacific (the Developer ), KADOORIA is a new luxurious low-rise residential project at Kadoorie Hill, the affluent enclave of discreet tranquillity and sophisticated lifestyle that reigns over the Kowloon Peninsula. The Developer today unveiled its sales video highlighting the legacy of Kadoorie Hill and the luxurious lifestyle afforded by KADOORIA. It also announced the elite collaboration of KADOORIA and Bentley Hong Kong - DCH to provide a Bentley chauffeured service for VIPs. The sales brochure will also be uploaded very soon and KADOORIA is expected to be put on the market shortly. Cindy Kwan, Director of CITIC Pacific Property Agents Limited, said: KADOORIA is a luxury residential development located at Kadoorie Hill, one of the four most coveted addresses in Hong Kong, along with The Peak, Jardine s Lookout and Shek O. Kadoorie Hill s prestigious low-density neighbourhood, green environment and elite community make it one of the most sought-after residential locations on the Kowloon Peninsula. Today, for the first time, we opened the sales office for the media and unveiled our sales video to showcase the lifestyle of refinement and poise experienced in Kadoorie Hill and to be experienced at KADOORIA. We will also announce the commencement of sales soon, when we upload our sales brochure to our website. Ms Kwan added, As a prestigious development and a rare gem, KADOORIA completely and beautifully exemplifies the distinguished qualities of Kadoorie Hill. Enjoying a splendid location that balances peaceful serenity with convenient accessibility, KADOORIA is an authentic urban oasis in the heart of the bustling city. We are working with Bentley Hong Kong - DCH to provide a Bentley chauffeured service so that our guests can enjoy the comfort of Bentley Motor s powerful, handcrafted luxury cars. The KADOORIA and Bentley Hong Kong - DCH partnership is a true embodiment of both brands shared vision of sophisticated

design excellence and attention to detail, combined with an uncompromising desire to complement legacy and heritage with state-of-the-art design influences. Luxury residential developments in Kadoorie Hill are extremely rare and the brand new real estate project KADOORIA is the first of its kind in the past two decades. The project is located at Nos. 111 to 133 Kadoorie Avenue, Kadoorie Hill, and offers a collection of 77 twoto four-bedroom apartments in a tranquil setting with urban amenities close at hand. Carefully crafted by internationally renowned designers, each is designed with spacious interiors and has its own door plates the symbol of status that traditionally characterises the magnificent mansions at Kadoorie Hill. The project is completed and ready for sale. About KADOORIA District: Ho Man Tin Name of Street and Street Number of the Development: Nos. 111, 113, 115, 117, 119, 121, 123, 125, 127, 129, 131 and 133 Kadoorie Avenue* The address of the website designated by the vendor for the Development: www.kadooria.com The photographs, images, drawings or sketches shown in this advertisement/promotional material represent an artist s impression of the development concerned only. They are not drawn to scale and/or may have been edited and processed with computerized imaging techniques. Prospective purchasers should make reference to the sales brochure for details of the development. The vendor also advises prospective purchasers to conduct an on-site visit for a better understanding of the development site, its surrounding environment and the public facilities nearby. *For units on G/F: No. 117, No. 119, No. 121, No. 123, No. 125, No. 127 and No. 133 Kadoorie Avenue. For units on 1/F to 7/F (4/F omitted): No. 111, No. 113, No. 115, No. 117, No. 119, No. 121, No. 123, No. 125, No. 127, No. 129, No. 131 and No. 133 Kadoorie Avenue (7/F of No. 125 Kadoorie Avenue omitted) Vendor: Hang Wah Chong Investment Company Limited Holding companies of the vendor: Eastsilk Ltd., Newmarket Holdings Limited, Sun King Fung Development Limited, Sunlit Assets Ltd., Widelink Development Ltd., CITIC Pacific Limited, CITIC Limited

Authorized person for the Development: Mr. Kenneth LUI Chi Kin of P&T Architects and Engineers Limited Building contractor for the Development: Gammon Construction Limited The firm of solicitors acting for the owner in relation to the sale of residential properties in the Development: Mayer Brown JSM Authorized institution that has made a loan, or has undertaken to provide finance, for the construction of the Development: Not applicable Any other person who has made a loan for the construction of the Development: Eltonford Limited All information contained in this advertisement / promotional material shall be subject to the final plans approved by the relevant Government authorities and legal documentation. The vendor reserves the right to make modification and changes according to the actual circumstances without prior notice. The description, reference, photo, drawing, image or other information whatsoever in this advertisement / promotion material shall not constitute or be construed as constituting any offer, promise, representation or warranty, whether express or implied. The sales brochure of the Development is not available as at the printing date. This advertisement is published by the vendor or with the consent of the vendor. Date of Printing: 19 October 2017

About CITIC Pacific CITIC Pacific is a wholly owned subsidiary of CITIC Limited (SEHK:267), a Hong Kong listed company and the largest conglomerate in China. CITIC Pacific's key businesses include special steel manufacturing, power generation and real estate development. It is also the majority shareholder of two Hong Kong listed companies, Dah Chong Hong and CITIC Telecom International. Photo Caption Cindy Kwan, Director of CITIC Pacific Property Agents Limited, said: KADOORIA is a luxury residential development located at Kadoorie Hill, one of the four most coveted addresses in Hong Kong, and expected to be put on the market shortly. - Ends -

This press release is issued on behalf of CITIC Pacific by Bentley Communications Ltd. For media enquiries, please contact Bentley Communications: Senior Press Officer Mr. Ivan Lui at 3960 1906 or Client Services Director Mr. David Chau at 3960 1915.