The Board of Chinese Estates Holdings Ltd. announced that at the board meeting to be held on January 16, 2017, has resolved to declare a special interim dividend of HKD 2.00 in aggregate per share which consists of a special interim dividend of HKD 1.36 per share for the year ended December 31, 2016. The Win Kings special dividend of HKD 0.46 per share in connection with the Win Kings Disposal Transaction and Pinecrest Special Dividend of HKD 0.18 per share in connection with the Pincrest Disposal Transaction all payable on or about February 10, 2017 to shareholders whose names appear on the register of members of the company on February 1, 2017. The 2016 Special dividend will be payable to the shareholders in cash.