China Logistics Property : ANNOUNCEMENT IN RELATION TO MATURITY DATE AND DELISTING DATE

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the "Stock Exchange") 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 does not constitute an offer to sell or the solicitation of an offer to buy any securities 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. No securities may be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Any public offering of securities to be made in the United States will be made by means of a prospectus. Such prospectus will contain detailed information about the company making the offer, management, as well as financial statements. The Company does not intend to make any public offering of securities 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: 1589)

US$300 MILLION 8% SENIOR NOTES DUE 2020

(Stock Code: 5257)

ANNOUNCEMENT IN RELATION TO MATURITY DATE

AND DELISTING DATE

References are made to (a) the notice of the Company dated 8 August 2017 regarding the issuance of US$100 million 8% senior notes due 2020; (b) the notice of the Company dated 14 September 2017 regarding the issuance of the additional US$100 million 8% senior notes due 2020; (c) the notice of the Company dated 28 December 2017 regarding the issuance of additional US$100 million 8% senior notes due 2020 (collectively, the "2020 Notes"); and (d) the announcement of the Company dated 26 September 2019 regarding the Exchange Offer and the Consent Solicitation in relation to the 2020 Notes (the "Announcement'). Unless otherwise defined, capitalised terms used but not defined herein shall have the meanings given to them in the Announcement (as applicable).

The Company would like to inform holders of the 2020 Notes that as the 2020 Notes maturity date, being 8 August 2020, is not a business day, the 2020 Notes will be delisted from the Stock Exchange after market close on 10 August 2020 (being the business day immediately following the 2020 Notes maturity date).

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In addition, as US$160,800,000 principal amount of the 2020 Notes were exchanged on September 25, 2019 as disclosed in the Announcement, only the remaining US$139,200,000 principal amount of the 2020 Notes is currently outstanding, which will be fully redeemed and delisted from the Stock Exchange after market close on 10 August 2020.

By Order of the Board

China Logistics Property Holdings Co., Ltd

中國物流資產控股有限公司

LI Shifa

Chairman

Hong Kong, August 5, 2020

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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