Cosmopolitan International : ANNOUNCEMENT - FURTHER DELAY IN DESPATCH OF CIRCULAR

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(stock code: 120)

ANNOUNCEMENT

FURTHER DELAY IN DESPATCH OF CIRCULAR

Reference is made to (i) the joint announcement dated 2 January 2020 and issued by Century City International Holdings Limited ("Century City"), Paliburg Holdings Limited ("Paliburg"), Regal Hotels International Holdings Limited, RH International Finance Limited and Cosmopolitan International Holdings Limited ("Cosmopolitan") in relation to (a) the Shares Related Transactions; (b) the CIDL Related Transactions; and (c) the Hotel Related Transactions (collectively, the "Transactions") (the "First Joint Announcement"); and (ii) the joint announcement dated 23 January 2020 and issued by Century City, Paliburg and Cosmopolitan in relation to delay in despatch of circulars for the Transactions (the "Second Joint Announcement"). Unless otherwise stated, terms used in this announcement shall have the same meanings as those defined in the First Joint Announcement and the Second Joint Announcement.

As mentioned in the Second Joint Announcement, the Cosmopolitan Circular was expected to be despatched to its shareholders on or before 28 February 2020. As additional time is required for Cosmopolitan to prepare and finalise the relevant information in the Cosmopolitan Circular, it is expected that the date of despatch of the Cosmopolitan Circular (including a notice convening the EGM) will be further postponed to a date falling on or before 6 March 2020.

By order of the board of directors of

Cosmopolitan International Holdings Limited

Eliza Lam Sau Fun

Secretary

Hong Kong, 28 February 2020

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As at the date of this announcement, the Cosmopolitan Board comprises the following members:

Executive directors:	Non-executive director:
Mr. LO Yuk Sui	Mr. Francis BONG Shu Ying
(Chairman and Chief Executive Officer)
Mr. Jimmy LO Chun To	Independent non-executive directors:
(Vice Chairman and Managing Director)	Ms. Alice KAN Lai Kuen
Miss LO Po Man (Vice Chairman)	Mr. LEE Choy Sang
Mr. Kenneth WONG Po Man	Mr. David LI Ka Fai
(Chief Operating Officer)	Hon Abraham SHEK Lai Him, GBS, JP
Mr. Kelvin LEUNG So Po
(Chief Financial Officer)
Mr. Kenneth NG Kwai Kai

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