Hang Lung Group Limited — Director's Dealing 2020

Oct 6, 2020

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Public Disclosure Form

5 October 2020

Partial offer

Disclosure of dealings in the shares of PCCW Limited

The Executive received the following disclosure of securities dealings pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers:

Party	Date	Purchase / Sale	Number of shares	Price per share	Resultant balance(including those ofany person with whomthere is an agreement**or understanding) **	Percentage of class(including those ofany person with whomthere is an agreement**or understanding) **
BlackRock, Inc.	2 October 2020	Purchase	41,187	$4.6200	434,416,125	5.6201%

End

Note:

BlackRock, Inc. is a Class (6) associate of the Offeree company by virtue of its holdings of ordinary shares in the Offeree company. Dealings were made for the account of discretionary investment clients.

The dealing indicates the receipt of collateral by BlackRock, Inc., and the figure represents the net movement in collateral.