CLPH China Logistics Property : China Logistics Property Holdings Co., Ltd - HK$1,109,000,000 6.95% CONVERTIBLE BONDS DUE 2024

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 is for informational purposes only and is not an offer to sell or the solicitation of an offer to buy securities in the United States or in 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. Neither this announcement nor anything herein forms the basis for any contract or commitment whatsoever. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration. 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 and management, as well as financial statements. No public offer of securities is to be made by the Company 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)

(the "Company") HK$1,109,000,000

6.95% CONVERTIBLE BONDS DUE 2024 (the "Convertible Bonds", Stock Code: 5578)

NOTICE OF ISSUE AND LISTING ON

THE STOCK EXCHANGE OF HONG KONG LIMITED

Application has been made to the Stock Exchange for the listing of and permission to deal in the Convertible Bonds by way of debt issues to professional investors (as described in Chapter 37 of the Rules Governing the Listing of Securities on the Stock Exchange and in the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong)) only as described in the offering circular dated 24 June 2019. Permission for the listing of, and dealing in, the Convertible Bonds is expected to become effective on 27 June 2019.

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, 26 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.