China Aircraft Leasing : NOTICE OF LISTING ON THE STOCK EXCHANGE OF HONG KONG LIMITED - ISSUE OF U.S.$100,000,000 4.85 per cent. GUARANTEED NOTES DUE 2024 BY CALC BONDS LIMITED UNDER ITS U.S.$3,000,000,000 GUARANTEED MEDIUM TERM PROGRAMME

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 any securities.

This announcement does not constitute or form a part of any offer of securities for sale in the United States. The securities referred herein (the "Securities") and the guarantee of the Securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or the securities laws of any state of the United States or other jurisdiction and may not be offered, sold or delivered in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. No public offering of the Securities will be made in the United States.

NOTICE OF LISTING ON

THE STOCK EXCHANGE OF HONG KONG LIMITED

CALC Bonds Limited

(the "Issuer")

(Incorporated in the British Virgin Islands with limited liability)

U.S.$100,000,000 4.85 per cent. Guaranteed Notes due 2024

(Stock Code: 40972)

(the "Notes")

under the U.S.$3,000,000,000 Guaranteed Medium Term Note Programme

(the "Programme")

unconditionally and irrevocably guaranteed by

CHINA AIRCRAFT LEASING GROUP HOLDINGS LIMITED

中 國 飛 機 租 賃 集 團 控 股 有 限 公 司

(the "Guarantor")

(Incorporated under the laws of the Cayman Islands with limited liability)

(Stock code: 1848)

Joint Global Coordinators, Joint Lead Managers and Joint Bookrunners

China Everbright Bank	BNP PARIBAS	China CITIC Bank
Hong Kong Branch		International
Joint Lead Managers and Joint Bookrunners
China Zheshang Bank	Everbright Securities	Shenwan Hongyuan (H.K.)
Co., Ltd.	International
(Hong Kong Branch)

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Application has been made to The Stock Exchange of Hong Kong Limited for the listing of and permission to deal in the Notes by way of debt issues to professional investors (as defined in Chapter 37 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited) only, as described in the offering circular dated 15 July 2021 relating to the Programme and the pricing supplement dated 16 December 2021 relating to the Notes. Permission for the listing of and permission to deal in the Notes is expected to become effective on 24 December 2021.

CALC Bonds Limited

LIU Wanting

Sole Director

Hong Kong, 23 December 2021

As at the date of this announcement, the Sole Director of the Issuer is Ms. LIU Wanting.

As at the date of this announcement, (i) the Executive Directors of the Guarantor are Dr. ZHAO Wei, Mr. POON Ho Man and Ms. LIU Wanting; (ii) the Non-executive Director is Mr. TANG Chi Chun; and

1. the Independent Non-executive Directors are Mr. FAN Yan Hok, Philip, Mr. NIEN Van Jin, Robert, Mr. CHEOK Albert Saychuan and Dr. TSE Hiu Tung, Sheldon.

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