Parkson Retail : CHANGE OF DATE OF BOARD MEETING

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PARKSON RETAIL GROUP LIMITED

百盛商業集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 3368)

CHANGE OF DATE OF BOARD MEETING

Reference is made to the announcement of Parkson Retail Group Limited (the "Company") dated 7 February 2020 regarding the date of board meeting of the Company.

The board of directors (the "Board") of the Company hereby announces that, the meeting of the Board originally scheduled to be held on Wednesday, 19 February 2020 has been changed to be held on Monday, 24 February 2020,for the purpose of, inter alia, considering and approving the final results of the Company and its subsidiaries for the financial year ended 31 December 2019 and transacting any other business.

By Order of the Board

PARKSON RETAIL GROUP LIMITED

Tan Sri Cheng Heng Jem

Executive Director & Chairman

17 February 2020

As at the date of this announcement, the Executive Directors of the Company are Tan Sri Cheng Heng Jem and Ms. Juliana Cheng San San, the Non-executive Director is Dato' Sri Dr. Hou Kok Chung and the Independent Non-executive Directors are Dato' Fu Ah Kiow, Mr. Ko Desmond and Mr. Yau Ming Kim, Robert.