Guangdong Investment : Voluntary Announcement-Completion-Discloseable and Connected Transaction-The Acquisition of the Sale Shares Involving the Issue of Consideration Shares Under the Specific Mandate

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(Incorporated in Hong Kong with limited liability)

(Stock Code: 0270) VOLUNTARY ANNOUNCEMENT COMPLETION DISCLOSEABLE AND CONNECTED TRANSACTION THE ACQUISITION OF THE SALE SHARES INVOLVING THE ISSUE OF CONSIDERATION SHARES UNDER THE SPECIFIC MANDATE

References are made to the circular (the "Circular") of Guangdong Investment Limited (the "Company") dated 24 February 2017 in respect of the Acquisition and the announcement of the Company dated 20 March 2017 in respect of the poll results of the EGM. Unless otherwise stated, capitalised terms used in this announcement shall have the same meanings as those defined in the Circular.

The Board is pleased to announce that all the Conditions Precedent have been fulfilled and the Acquisition was completed on 18 April 2017. Following Completion, (i) GDL has become a direct subsidiary of the Company being held as to approximately 73.82% and remained an indirect subsidiary of the Vendor (through its shareholding interest in the Company); and (ii) the shareholding interest of the Vendor in the Company was increased to approximately 56.49%.

By Order of the Board

Guangdong Investment Limited HUANG Xiaofeng

Chairman

Hong Kong, 18 April 2017

As at the date of this announcement, the Board of Directors of the Company comprises four Executive Directors, namely, Mr. HUANG Xiaofeng, Mr. WEN Yinheng, Mrs. HO LAM Lai Ping, Theresa and Mr. TSANG Hon Nam; six Non-Executive Directors, namely, Mr. CAI Yong, Mr. WU Jianguo, Mr. ZHANG Hui, Ms. ZHAO Chunxiao, Mr. LAN Runing and Mr. LI Wai Keung; and five Independent Non-Executive Directors, namely, Dr. CHAN Cho Chak, John, Dr. the Honourable LI Kwok Po, David, Mr. FUNG, Daniel R., Dr. the Honourable CHENG Mo Chi, Moses and Mr. WU Ting Yuk, Anthony.