CLPH China Logistics Property : CLARIFICATION ANNOUNCEMENT - NOTICE OF EXTRAORDINARY GENERAL MEETING

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.

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Company. This announcement is not, and is not intended to be, an offer of securities of the Company for sale, or the solicitation of an offer to buy securities of the Company, in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act, and may not be offered or sold within the United States (as defined in Regulation S under the U.S. Securities Act) except pursuant to an exemption under, or in a transaction not subject to the U.S. Securities Act. This announcement and the information contained herein are not for distribution, directly or indirectly, in or into the United States. No public offer of the securities referred to herein is being or will be made in the United States.

China Logistics Property Holdings Co., Ltd

中 國 物 流 資 產 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 01589)

CLARIFICATION ANNOUNCEMENT -

NOTICE OF EXTRAORDINARY GENERAL MEETING

CONNECTED TRANSACTION - PROPOSED ISSUE OF HK$1,109,000,000 6.95% CONVERTIBLE BONDS DUE 2024 UNDER SPECIFIC MANDATE

Reference is made to the announcement of China Logistics Property Holdings Co., Ltd (the "Company") dated 10 June 2019 (the "Announcement") in relation to the notice of the extraordinary general meeting. Capitalised terms used herein have the same meanings as those defined in the Announcement unless the context otherwise requires.

The Company wishes to clarify the following information set out in the Announcement:

For determining the entitlement to attend and vote at the Meeting or any adjournment thereof, the record date is fixed on Tuesday, 25 June 2019 (instead of Wednesday, 19 June 2019). The register of members of the Company will be closed from Tuesday, 18 June 2019 to Tuesday, 25 June 2019 (both days inclusive), during which period no transfer of shares of the Company will be registered. Shareholders whose names appear on the Register of Members of the Company at the close of business on the record date will be entitled to attend and vote at the Meeting. In order to be entitled to attend and vote at the Meeting, all transfer documents accompanied by the relevant share certificates must be lodged with the Company's share registrar in Hong Kong, Computershare Hong

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Kong Investor Services Limited, at Shops 1712 -1716, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong for registration not later than 4:30 p.m. on Monday, 17 June 2019 (instead of Wednesday, 19 June 2019).

On behalf of the Board

China Logistics Property Holdings Co., Ltd

Li Shifa

Chairman

Hong Kong, 10 June 2019

As at the date of this announcement, Mr. Li Shifa, Mr. Wu Guolin, Ms. Li Huifang, Mr. Chen Runfu, Mr. Cheuk Shun Wah, Ms. Shi Lianghua and Mr. Xie Xiangdong are the executive directors; Mr. Huang Xufeng, Ms. Li Qing and Mr. Fu Bing are the non-executive directors; and Mr. Guo Jingbin, Mr. Fung Ching Simon, Mr. Wang Tianye, Mr. Leung Chi Ching Frederick and Mr. Chen Yaomin are the independent non-executive directors of the Company.

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