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3SBio Inc. Capital/Financing Update 2016

Apr 20, 2016

49981_rns_2016-04-20_99ad7ff3-92fc-439c-848a-1f68b4f67caa.pdf

Capital/Financing Update

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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.

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LIPPO LIMITED 力 寶 有 限 公 司

(Incorporated in Hong Kong with limited liability) (Stock Code: 226)

HONGKONG CHINESE LIMITED 香 港 華 人 有 限 公 司 *

(Incorporated in Bermuda with limited liability) (Stock Code: 655)

JOINT ANNOUNCEMENT

EXERCISE OF EXCHANGE RIGHTS PURSUANT TO PREVIOUS DISCLOSEABLE TRANSACTION

Reference is made to the joint discloseable transaction announcement of Lippo Limited (" Lippo ") and Hongkong Chinese Limited (" HKC ") dated 7 March 2016 in relation to, inter alia, the entering into of certain undertakings in relation to the OUE H-Trust Rights Issue and the provision of the Exchangeable Loans to LAAPL Subsidiaries (the " Joint Announcement "). Unless otherwise stated, capitalised terms used herein shall have the same meanings given to them in the Joint Announcement.

The OUE H-Trust Rights Issue has successfully completed and the LAAPL Subsidiaries have received their respective pro-rata entitlements to the Rights Stapled Securities on 13 April 2016. The grant of the exchange rights under the EL Agreements had been announced in the Joint Announcement and this announcement is made in accordance with the requirements of Rule 14.74(2) of the Listing Rules in relation to the exercise of the exchange rights under the EL Agreements by the borrowers thereunder. On 20 April 2016, each of LAAPL Subsidiary 1 and LAAPL Subsidiary 2 (being borrowers under the EL Agreements) has delivered an exchange notice to the HKC Subsidiary (being lender under each of the EL Agreements) exercising their exchange right under each of the EL Agreements to exchange the aggregate principal amount of the Exchangeable Loans in full into all of the Rights Stapled Securities taken up by the relevant borrower under the OUE H-Trust Rights Issue, in each case, on and in accordance with the terms of the EL Agreements.

By Order of the Board LIPPO LIMITED John Luen Wai Lee

Managing Director and Chief Executive Officer

By Order of the Board HONGKONG CHINESE LIMITED John Luen Wai Lee Chief Executive Officer

Hong Kong, 20 April 2016

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As at the date of this announcement, the board composition of each of Lippo and HKC is as follows:

Lippo

HKC

Executive Directors: Dr. Stephen Riady (Chairman) Mr. John Luen Wai Lee ( Managing Director and Chief Executive Officer)

Executive Directors: Dr. Stephen Riady (Chairman) Mr. John Luen Wai Lee ( Chief Executive Officer) Mr. Kee Yee Kor

Non-executive Directors: Mr. Jark Pui Lee Mr. Leon Nim Leung Chan

Non-executive Director: Mr. Leon Nim Leung Chan

Independent Non-executive Directors: Mr. Edwin Neo Mr. Victor Ha Kuk Yung Mr. King Fai Tsui

Independent Non-executive Directors: Mr. Albert Saychuan Cheok Mr. Victor Ha Kuk Yung Mr. King Fai Tsui

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* For identification purpose only

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