CLPH China Logistics Property : NOTICE OF THE EXTRAORDINARY GENERAL MEETING

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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)

NOTICE OF THE EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that an extraordinary general meeting of China Logistics Property Holdings Co., Ltd (the "Company") will be held at Meeting Room, 5/F, Block A, No. 1899 Shenkun Road, Minhang District, Shanghai, China on Friday, 8 June 2018 at 3:25 p.m. (or immediately after the conclusion or adjournment of the Annual General Meeting), for the purpose of considering and if thought fit, passing the following resolution as an ordinary resolution of the Company:

1.

"THAT the continuing connected transactions contemplated under the lease framework agreement entered into between the Company and Shanghai Yushuo Investment Holdings Co., Ltd. ( 上海宇碩投資控股有限公司 ) on 25 April 2018 and the proposed annual caps be and are hereby generally and unconditionally approved and the directors of the Company acting together or by committee, or any director of the Company acting individually, be and is hereby authorised to do all such further acts and things and execute such further documents and take all such steps which in his/her/their opinion may be necessary, desirable or expedient to implement and/or give effect to the terms of such continuing connected transactions."

On behalf of the Board

China Logistics Property Holdings Co., Ltd

Li Shifa

Chairman

Hong Kong, 23 May 2018

Notes:

(a) Details of the above proposal and resolution to be considered at the EGM are set out in the circular of the Company dated 23

May 2018 (the "Circular"). Unless otherwise defined in this notice, capitalized terms used in this notice shall have the same meanings as those defined in the Circular.

(b)Any shareholder of the Company entitled to attend and vote at the above meeting is entitled to appoint a proxy to attend and vote instead of him/her/it. A proxy need not be a member of the Company. A member who is the holder of two or more shares of the Company may appoint more than one proxy to represent him/her/it to attend and vote on his/her/its behalf. If more than one proxy is so appointed, the appointment shall specify the number and class of shares in respect of which each such proxy is so appointed.

• (c) In order to be valid, a form of proxy together with the power of attorney or other authority, if any, under which it is signed or a notarially certified copy of that power or authority, must be deposited at the Company's share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong as soon as possible but in any event not less than 48 hours before the time appointed for the holding of the meeting (i.e. not later than 3:25 p.m. on Wednesday, 6 June 2018) or any adjournment thereof. Delivery of the form of proxy shall not preclude a member of the Company from attending and voting in person at the meeting or any adjournment thereof and, in such event, the form of proxy shall be deemed to be revoked.

• (d) A form of proxy must be signed by you or your attorney duly authorized in writing or, in the case of a corporation, must be either executed under its common seal or under the hand of an officer or attorney or other person duly authorized.

• (e) In the case of joint holders, the vote of the senior who tenders a vote, whether in person or by proxy, will be accepted to the exclusion of votes of the other joint holder(s) and for this purpose seniority will be determined by the order in which the names stand in the register of members of the Company in respect of the joint holding.

• (f) All resolutions will be put to vote by way of poll at the meeting. Every member of the Company present in person (in the case of a member being a corporation, by its duly authorized representative) or by proxy shall have one vote for every fully paid share of which he/she/it is the holder.

• (g) For determining the entitlement to attend and vote at the EGM to be held on 8 June 2018, the register of members of the Company will be closed from Tuesday, 5 June 2018, to Friday, 8 June 2018 (both days inclusive), during which period no transfer of shares of the Company will be registered. Such closure dates for the register of members of the Company are the same as those for the Annual General Meeting as announced in the notice of the Annual General Meeting of the Company dated 27 April 2018. In order to be eligible to attend and vote at the EGM, unregistered holders of shares of the Company should ensure that all share transfer documents accompanied by the relevant share certificates must be lodged with the Company's share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong for registration not later than 4:30 p.m. on Monday, 4 June 2018.

• (h) References to time and dates in this notice are to Hong Kong time and dates.

As of the date of this announcement, Mr. Li Shifa, Mr. Pan Naiyue, Mr. Wu Guolin, Ms. Li Huifang, Mr. Chen Runfu, Mr. Cheuk Shun Wah and Ms. Shi Lianghua 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.