Li & Fung : Letter to New Shareholders and Reply Form - Election of Language and Means of Receipt of Corporate Communication

Incorporated in Bermuda with limited liability ϵᅉ༺ൗ̅ϓͭʘϞࠢʮ̡

Stock Code ٰ΅˾໮j494

12 September 2018

Dear Shareholder,

Letter to new shareholders

Election of Language and Means of Receipt of Corporate Communication(Note)

With the aim of reducing the impact on the environment and as permitted under applicable laws and regulations and the Bye-laws of Li & Fung Limited (the "Company"), the Company is making certain arrangements to ascertain how you wish to receive future Corporate Communication from the Company, either: (i) in printed form, in English or Chinese or both English and Chinese; or (ii) by electronic means through the Company's website atwww.lifung.com in lieu of receiving printed copies and to receive an email notification to inform you whenever a Corporate Communication is published on the Company's website.

As an environment-conscious corporate citizen, the Company encourages its shareholders to access future Corporate Communication via the Company's website. Please indicate your choice by completing, signing and returning the Reply Form overleaf to the Hong Kong branch share registrar of the Company, Tricor Abacus Limited ("Branch Share Registrar") at Level 22, Hopewell Centre, 183 Queen's Road East, Hong Kong within one month from the date of this letter (the "Deadline").

If the Company does not receive your duly completed and signed Reply Form on or before the Deadline and until you inform the Company or the Branch Share Registrar by reasonable prior notice in writing, you will be deemed to have consented to receiving future Corporate Communication by electronic means through the Company's website and a notification of the publication of the future Corporate Communication on website will be sent to you.

You are entitled to change your choice of language and means of receipt of Corporate Communication at any time by reasonable notice in writing to the Company or the Branch Share Registrar. If you have chosen (or are deemed to have consented) to receive future Corporate Communication by electronic means but for any reason have difficulty in gaining access to the Company's website, the Company will promptly upon your request send a printed version free of charge.

Both the printed versions of future Corporate Communication in English and Chinese will be available from date of dispatch from the Company or the Branch Share Registrar on request, and the same will also be available on the Company's website atwww.lifung.com or HKEXnews website atwww.hkexnews.hk.

Should you have any queries relating to this letter, please call the hotline of the Branch Share Registrar at (852) 2980 1333 from 9:00 a.m. to 5:00 p.m. from Monday to Friday, excluding Hong Kong public holidays, or email the Branch Share Registrar [e-mail].

LI & FUNG LIMITED

Note:

Corporate Communication includes, but not limited to (a) the directors' report, its annual financial statements together with a copy of the auditor's report and, where applicable, its summary financial report; (b) the interim report and, where applicable, its summary interim report; (c) a notice of meeting; (d) a listing document; (e) a circular; and (f) a proxy form.

ห઼٫j

ߧอٰ؇ʘՌ΁ ፯኿ϗ՟ʮ̡ஷৃ€ڝൗʘႧԊو͉ʿϗ՟˙ό

лᔮϞࠢʮ̡€˜͉ʮ̡™މಯˇ࿁ᐑྤٙᅂᚤʿίቇٙ͜جܛʿ஝ۆձ͉ʮ̡ٙʮ̡୚ۆʪ஢ɨdତЪ̈߰ʍτર˸ᆽ֛ ტɨ˚ܝϗ՟ʮ ̡ஷৃʘจᗴd ტɨ̙ϗ՟j(i) ߵ˖و͉eאʕ˖و͉eאߵ˖ʿʕ˖و͉ٙΙՏ͉iא (ii) ˸ཥɿ˙όீཀ͉ʮ̡ၣ१www.lifung.com ቡᚎd ˸˾ಁϗ՟ΙՏ͉f຅ʮ̡ஷৃί͉ʮ̡ၣ१̊༱ࣛd͉ʮ̡ਗ਼˸ཥඉஷٝ ტɨf މጐ฽ᄵБڭᚐᐑྤٟٙึப΂d͉ʮོ̡Ꮈٰ؇ீཀ͉ʮ̡ၣ१ቡᚎ˚ܝʮ̡ஷৃfሗ෬Ѽeᖦ໇ʿᘱϤՌ΁˚ಂɓࡈ˜ʫ€˜ࠢಂ™dਗ਼ߠ ࠦٙΫૢ੔Ϋ͉ʮ̡׵࠰ಥʘٰ΅ཀ˒೮াஈdՙԳඩݡාϞࠢʮ̡€˜࠰ಥཀ˒೮াஈ™dήѧމ࠰ಥެΧɽ༸؇ 183 ໮Υձʕː 22 ᅽf

ࡊ͉߰ʮ̡׵ࠢಂۃʥ͊ϗՑcტɨʊ෬Ѽʿᖦ໇ʘΫૢʿٜЇcტɨ׵ΥଣࣛගʫཫϘΣ͉ʮ̡א࠰ಥཀ˒೮াஈ೯ࣣ̈ࠦஷٝމ˟dcტ ɨਗ਼஗ൖމΝจ˸ཥɿ˙όீཀ͉ʮ̡ၣ१ϗ՟˚ܝʮ̡ஷৃdԨΣcტɨ೯̈Ϟᗫ˚ܝʮ̡ஷৃʊ̊༱׵ၣ१ʘஷٝf

ტɨϞᛆᎇࣛ׵Υଣࣛග˸ࣣࠦஷ͉ٝʮ̡א࠰ಥཀ˒೮াஈ˸һҷ፯኿ϗ՟ʮ̡ஷৃʘႧԊو͉ʿϗ՟˙όfࡊ߰cტɨʊ፯኿€א஗ൖމ ʊΝจ˸ཥɿ˙όϗ՟˚ܝʮ̡ஷৃШΪ΂ОࡡΪίஹટ͉ʮ̡ၣ१ɪϞ΂ОѢᗭd͉ʮ̡຅ᏐcტɨٙࠅӋdе൬੔೯ΙՏ͉f ͉ʮ̡ʿ࠰ಥཀ˒೮াஈਗ਼׵ʮ̡ஷৃ೯৔˚ৎ௪Ϟʮ̡ஷৃʘߵ˖ʿʕ˖ΙՏ͉˸Զ॰ቡd༈ʮ̡ஷৃ͵̙׵͉ʮ̡ၣ१www.lifung.com ʿ ˜מᚣ׸™ၣ१www.hkexnews.hk ቡᚎf

ࡊ߰cტɨ࿁͉Ռ΁Ϟ΂Оဲਪdሗ׵݋ಂɓЇ݋ಂʞɪʹɘࣛЇɨʹʞࣛ€ʔܼ̍࠰ಥʮ଺৿ಂߧཥ࠰ಥཀ˒೮াஈᆠᇞ (852) 2980 1333 אཥඉЇ࠰ಥཀ˒೮াஈ[e-mail]

利豐有限公司

ɚཧɓɞϋɘ˜ɤɚ˚

ڝൗj

ʮ ̡ ஷ ৃ ̍ ܼdШ ʔ ࠢ ׵ (a) ໨ԫึజѓdՉϋܓৌਕజڌஹΝࣨᅰࢪజѓʘਓ͉ʿ€νቇ͜Չৌਕజѓ࿜ࠅi(b) ʕ ಂ ุ ᐶ జ ѓ ʿ€ν ቇ ͜Չ ʕಂุᐶజѓ࿜ࠅi(c) ึᙄஷѓi(d) ɪ̹˖΁i(e) ஷՌiʿ (f) ˾ڌ։΂ڌࣸf

Printed on post-consumer waste recycled paper 採用用後廢料再造紙印刷

Shareholder's information (English name and address)

ٰ؇༟ࣘ€ߵ˖֑Τʿήѧ

REPLY FORM Ϋૢ

To:

Li & Fung Limited (the "Company")	ߧj	лᔮϞࠢʮ̡€˜͉ʮ̡™
c/o Tricor Abacus Limited ("Branch Share Registrar")	຾ՙԳඩݡාϞࠢʮ̡€˜࠰ಥཀ˒೮াஈ™
Level 22, Hopewell Centre, 183 Queen's Road East,	࠰ಥެΧɽ༸؇ 183 ໮
Hong Kong	Υձʕː 22 ᅽ

I/We would like to receive the future Corporate Communication(Note 1) of the Company as indicated below: - ͉ɛŊҢࡁҎૐ˚ܝ˸ɨΐ˙όϗ՟͉ʮ̡ʘʮ̡ஷৃ€ڝൗ 1jÑ

(Please tick ONLY ONE in the following boxes)

€ሗ੽ɨΐ፯኿ʕdසίՉʕɓࡈ٤ࣸʫྌɪ˜✔™໮

printed English version ONLY; or ߵ˖ΙՏ͉iא

printed Chinese version ONLY; or ʕ˖ΙՏ͉iא

BOTH the printed English and Chinese versions; or ߵ˖ʿʕ˖ΙՏ͉iא

to access future Corporate Communication via the Company's website in lieu of receiving printed copies, and to receive an email notification to my/our email to inform me/us whenever there is any publication of Corporate Communication on the Company's website.

ீཀ͉ʮ̡ၣ१ቡᚎ˚ܝʮ̡ஷৃ˸˾ಁϗ՟ΙՏ͉dɭ׵͉ʮ̡ၣ१̊༱ʘʮ̡ஷৃdሗ˸ཥඉஷ͉ٝɛŊҢࡁf

Email address ཥඉήѧj

Name(s) of the shareholder(s)#:

ٰ؇֑Τ #

(Family Name or Company Name ֑ˤאʮ̡Τ၈)

(Forename Το)Signature: ᖦΤ

Contact telephone no: ᑌഖཥ༑໮ᇁ

Date: ˚ಂ

#

You are requested to fill in the name(s) if you download this form from the Company's website.

ࡊ߰ ტɨ੽͉ʮ̡ၣ१ɨ༱ϤΫૢdਕሗ෬ɪ֑Τf

Notesڝൗ:

• (1) Corporate Communication includes, but not limited to (a) the directors' report, its annual financial statements together with a copy of the auditor's report and, where applicable, its summary financial report; (b) the interim report and, where applicable, its summary interim report; (c) a notice of meeting; (d) a listing document; (e) a circular; and (f) a proxy form.

  ʮ̡ஷৃܼ̍dШʔࠢ׵ (a) ໨ԫึజѓdՉϋܓৌਕజڌஹΝࣨᅰࢪజѓʘਓ͉ʿ€νቇ͜Չৌਕజѓ࿜ࠅi(b) ʕಂุᐶజѓʿ€νቇ͜ Չʕಂุᐶజѓ࿜ࠅi(c) ึᙄஷѓi(d) ɪ̹˖΁i(e) ஷՌiʿ (f) ˾ڌ։΂ڌࣸf

• (2) This form will be void if more than one box is ticked or no boxes are ticked or if the information is incorrectly completed.

  ࡊ߰൴ཀɓࡈ٤ࣸ̋ɪ˜✔™໮dאԨೌ׵΂Оɓࡈ٤ࣸ̋ɪ˜✔™໮dאה෬ᄳٙ༟ࣘʔ͍ᆽd͉Ϋૢਗ਼ึЪᄻf

• (3) If your shares are held in joint names, the shareholder whose name stands first on the register of members of the Company in respect of the joint holding should sign on this form in order to be valid.

  ࡊٰ߰΅᙮ᑌΤܵϞd͉Ϋૢ඲͟Τΐ׵͉ʮٰ̡؇Τ̅࠯Зʘٰ؇ᖦ໇d˙މϞࣖf

• (4) All Corporate Communication in both printed English and Chinese versions will be available from the date of dispatch from the Company or the Company's Branch Share Registrar on request, and both versions will also be available on the Company's website atwww.lifung.com or HKEXnews website atwww.hkexnews.hk.

  ᘱʮ̡ஷৃ೯৔˚ৎd͉ʮ̡א͉ʮ̡࠰ಥཀ˒೮াஈਗ਼ึᏐࠅӋ௪ϞϞᗫʮ̡ஷৃʘߵ˖ʿʕ˖ΙՏ͉˸Զ॰ቡf༈ഃʮ̡ஷৃ͵ਗ਼׵ ͉ʮ̡ၣ१www.lifung.com ʿ˜מᚣ׸™ၣ१ www.hkexnews.hk ʫ̊༱f

• (5) Should you have any queries relating to this form, please call the hotline of the Branch Share Registrar at (852) 2980 1333 or email the Branch Share Registrar [e-mail].

  ࡊ߰ ტɨ࿁͉ΫૢϞ΂Оဲਪdሗߧཥ࠰ಥཀ˒೮াஈᆠᇞ (852) 2980 1333 אཥඉЇ࠰ಥཀ˒೮াஈ[e-mail]

ტɨ੔ΫϤΫૢࣛdሗਗ਼ඉ੔ᅺᜀ਒൨׵ڦ܆ɪf νί͉ಥҳ੔ೌ඲൨ɪඉୃf

ඉ੔ᅺᜀ MAILING LABEL

Please cut the mailing label and stick it on the envelope in order to return this form to us.

No postage stamp necessary if posted in Hong Kong.

ՙԳඩݡාϞࠢʮ̡

Tricor Abacus Limited ᔊکΫඉ໮ᇁ Freepost No. 37 ࠰ಥ Hong Kong

Printed on post-consumer waste recycled paper 採用用後廢料再造紙印刷