I CABLE Communications : UPDATE ON DIRECTOR'S INFORMATION PURSUANT TO RULE 13.51B(2) AND RULE 13.51(2)(l) OF THE LISTING RULES

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

i-CABLE COMMUNICATIONS LIMITED

(Incorporated in Hong Kong with limited liability)

(Stock Code: 1097)

ANNOUNCEMENT

UPDATE ON DIRECTOR'S INFORMATION PURSUANT TO RULE 13.51B(2)

AND RULE 13.51(2)(l) OF THE LISTING RULES

This announcement is made by i-CABLE Communications Limited (the ''Company'', together with its subsidiaries and consolidated structured entities, the ''Group'') pursuant to Rules 13.51B(2) and 13.51(2)(l) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ''Listing Rules'').

The board (the ''Board'') of directors (the ''Directors'') of the Company has been notified by Mr. Tang Sing Ming Sherman (''Mr. Tang''), an independent non-executive director (''INED'') and a member of the audit committee (the ''Audit Committee'') of the Company, that Belwide Limited, a private company incorporated in Hong Kong, commenced a creditors' voluntary winding up on 11 August 2020 (the ''Voluntary Winding Up''). Joint and several liquidators of Belwide Limited were appointed on 11 August 2020. Immediately prior to the Voluntary Winding Up, Belwide Limited was engaged in the operation of a restaurant in Hong Kong. Mr. Tang was appointed as the sole director of Belwide Limited on 10 September 2011 and remained as a director of Belwide Limited until 16 April 2020. As at the date of this announcement, Mr. Tang remains as the sole ultimate beneficial shareholder of Belwide Limited.

Mr. Tang has informed the Company that based on the information available to him, as at the date of this announcement, the total amount of claims received by the liquidators was approximately HK$9.7 million and the Voluntary Winding Up is still in process. The Company and Mr. Tang confirm that they are not in a position to indicate the outcome thereof.

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Save as disclosed in this announcement, neither of the Company nor its directors are involved in, or related to, the Voluntary Winding Up. The Board is of the opinion that the Voluntary Winding Up does not have any impact on the business and operations of the Group and does not affect Mr. Tang's capability to continue to perform his duties as an INED and a member of the Audit Committee.

By Order of the Board

i-CABLE Communications Limited

Kwok Chi Kin

Company Secretary

Hong Kong, 12 August 2020

As at the date of this announcement, the Board comprises eleven Directors, namely Tan Sri Dato' David Chiu (Chairman), Dr. Cheng Kar-Shun, Henry (Vice-chairman), Mr. Tsang On Yip, Patrick, Mr. Hoong Cheong Thard, Mr. Lie Ken Jie Remy Anthony Ket Heng and Ms. Ng Yuk Mui Jessica as non-executive Directors, Mr. Andrew Wah Wai Chiu as executive Director, and Mr. Lam Kin Fung, Jeffrey, Dr. Hu Shao Ming Herman, Mr. Luk Koon Hoo, Roger and Mr. Tang Sing Ming Sherman as independent non-executive Directors.

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