Hainan Meilan International Airport : DELAY IN DESPATCH OF CIRCULAR

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海南美蘭國際空港股份有限公司

Hainan Meilan International Airport Company Limited*

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

(Stock Code: 357)

DELAY IN DESPATCH OF CIRCULAR

Reference is made to the announcement of Hainan Meilan International Airport Company Limited (the "Company") dated 24 July 2020 in relation to the major and connected transaction contemplated under the 2020 Parent Company Domestic Shares Subscription Agreement, the proposed New H Shares Issue and the proposed consequential amendments to the Articles of Association (the "Announcement"). Capitalised terms used herein shall have the same meaning as ascribed to them in the Announcement unless the context otherwise requires.

As stated in the Announcement, a circular (the "Circular") containing, among other things,

1. further details of the 2020 Parent Company Domestic Shares Subscription Agreement and the transactions contemplated thereunder, the proposed New H Shares Issue and the proposed consequential amendments to the Articles of Association; (ii) the letter of advice from the Independent Financial Adviser to advise the Independent Board Committee and the Independent Shareholders in relation to the 2020 Parent Company Domestic Shares Subscription Agreement and the transactions contemplated thereunder; (iii) the letter from the Independent Board Committee to the Independent Shareholders in relation to the 2020 Parent Company Domestic Shares Subscription Agreement and the transactions contemplated thereunder; and (iv) the notices of the EGM and the Class Meetings, will be despatched to the Shareholders on or before 14 August 2020. As additional time is required to finalize certain information to be included in the Circular, it is expected that the dispatch date of the Circular will be postponed to a date falling on or before 31 August 2020.

By order of the Board

Hainan Meilan International Airport Company Limited*

Wang Zhen

Chairman

Haikou, the PRC

14 August 2020

As at the date of this announcement, the Board comprises (i) five executive directors, namely Mr. Wang Zhen, Mr. Wang Hong, Mr. Wang Hexin, Mr. Yu Yan and Mr. Xing Zhoujin; (ii) two non-executive directors, namely Mr. Chan Nap Kee, Joseph and Mr. Yan Xiang; and (iii) four independent non-executive directors, namely Mr. Deng Tianlin, Mr. Fung Ching, Simon, Mr. George F Meng and Mr. He Linji.

• For identification purposes only