Madex International : 2016.12.28 => Extension maturity date - Exchangeable Note Agreement

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, makes 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.

PING AN SECURITIES GROUP (HOLDINGS) LIMITED

平安證劵集團(控股)有限公司

(Carrying on business in Hong Kong as PAN Securities Group Limited)

(Incorporated in Bermuda with limited liability)

(Stock Code: 00231) EXTENSION OF MATURITY DATE UNDER THE EXCHANGEABLE NOTE AGREEMENT

Reference is made to the announcement of Ping An Securities Group (Holdings) Limited (the "Company", together with its subsidiaries, the "Group") dated 8 January 2016 in relation to subscription of exchangeable notes (the "Announcement"). Unless otherwise stated, capitalised terms used herein shall have the same meaning as those defined in the Announcement.

The Board is pleased to announce that the Subscriber, the Issuer, the Target and the Target's Principal Subsidiaries have agreed and acknowledged to extend the Maturity Date under the Exchangeable Note Agreement to 11 January 2018 (the "Extension").

Saved as disclosed in this announcement, all other material terms and conditions of the Exchangeable Note Agreement remain unchanged and in full force and effect in all respects.

The Directors consider that the Extension is in the interests of the Company and the Shareholders as a whole since the Group has recorded an interest income of HK$4,500,000 over a period of 12 months pursuant to the Exchangeable Note Agreement, and the Extension offers an opportunity to the Group to exchange the Exchangeable Note for the Exchange Shares and hence expand its investment horizon. None of the Directors have a material interest in the Exchangeable Note Agreement and the transactions contemplated thereunder or need to abstain from voting on the board resolution approving the Extension.

As at the date of this announcement, the Exchangeable Note in the principal amount of HK$30,000,000 remains outstanding.

By Order of the Board

Ping An Securities Group (Holdings) Limited Cheung Kam Fai

Executive Director

Hong Kong, 28 December 2016

As at the date of this announcement, the Board comprises Mr. Zhang Guodong, Mrs. Nijssen Victoria and Mr. Cheung Kam Fai as executive Directors; and Dr. Dong Ansheng, Mr. Wong Yee Shuen, Wilson and Mr. Tsang Wah Kwong as independent non-executive Directors.