S E A Holdings Limited — Capital/Financing Update 2017

May 4, 2017

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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(Incorporated in Bermuda with limited liability) (Stock Code: 251)

EXTENSION OF COMPLETION DATE OF THE ASSETS REDISTRIBUTION

Reference is made to the joint announcement made by the Company and NLI dated 31 March 2017 (the “ Announcement ”) in relation to, among other matters, the Assets Redistribution by way of sale and purchase of the Target Company pursuant to the SP Agreement, the joint announcement made by the Company and NLI dated 18 April 2017 in relation to the revised timetable (the “ Revised Timetable Announcement ”), and the circular of the Company dated 18 April 2017. Unless otherwise stated, capitalised terms used herein shall have the same meaning as those defined in the Announcement.

As disclosed in the Revised Timetable Announcement, completion of the Assets Redistribution is scheduled to take place on 15 May 2017. In accordance with the revised timetable, the Company (as buyer of the SP Agreement) and AGP (as seller of the SP Agreement) have by mutual consent agreed to extend the date of completion of the Assets Redistribution in the SP Agreement from 4 May 2017 to 15 May 2017 (or such other date as the parties may agree in writing). Save for the above, all other terms and conditions of the SP Agreement have remained unchanged.

On Behalf of the Board S E A Holdings Limited Lu Wing Chi Chairman and Managing Director

Hong Kong, 4 May 2017

The directors of the Company at the date of this announcement are:

Executive Directors: Independent Non-executive Directors: Mr. Lu Wing Chi (Chairman and Managing Director) Mr. Walujo Santoso, Wally Mr. Lincoln Lu Mr. Leung Hok Lim Mr. Lambert Lu Mr. Chung Pui Lam Non-executive Director: Mr. Lam Sing Tai

* For identification purpose only