China Modern Dairy : POLL RESULTS OF THE EXTRAORDINARY GENERAL MEETING HELD ON AUGUST 1, 2016

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China Modern Dairy Holdings Ltd.

中 國 現 代 牧 業 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1117) POLL RESULTS OF THE EXTRAORDINARY GENERAL MEETING HELD ON AUGUST 1, 2016

The Board is pleased to announce that all the resolutions as set out in the Notice were duly passed by the Shareholders by way of poll at the EGM held on August 1, 2016.

Reference is made to the circular (the "Circular") incorporating the notice of extraordinary general meeting (the "Notice") of China Modern Dairy Holdings Ltd. (the "Company") dated July 15, 2016 in relation to, among other things, the Sale and Purchase Agreement and the issue of the Consideration Shares pursuant to the Specific Mandate. Unless the context requires otherwise, terms used herein shall have the same meanings as in the Circular.

Poll Results of the EGM

The Board is pleased to announce that all resolutions were duly passed by the Shareholders attending and voting by way of poll at the EGM held on August 1, 2016. The Company's branch share registrar and transfer office in Hong Kong, Computershare Hong Kong Investor Services Limited, was appointed as the scrutineer for the vote-taking at the EGM.

As at the date of the EGM, the total number of issued Shares in the capital of the Company was 5,304,767,883 Shares. None of the Shareholders were required to abstain from voting at the EGM. Accordingly, there were a total of 5,304,767,883 Shares, representing the entire issued share capital of the Company, entitling the

Shareholders to attend and vote for or against the resolutions proposed at the EGM. There were no Shares entitling the Shareholders to attend and vote only against the resolutions at the EGM. The poll results in respect of the respective resolutions were as follows:

ORDINARY RESOLUTIONS		NUMBER OF VOTES (approximate %)		TOTAL NUMBER OF VOTES
		FOR	AGAINST
(a)	To approve, ratify and confirm the Sale and Purchase Agreement, the terms thereof and the transactions contemplated thereunder.	3,660,401,129 (99.139018%)	31,789,109 (0.860982%)	3,692,190,238 (100%)
(b)	To approve, subject to completion of the Sale and Purchase Agreement, the allotment and issue of the Consideration Shares at the issue price of HK$1.46 per Share by the Company in accordance with the terms and conditions of the Sale and Purchase Agreement.	3,660,399,129 (99.138963%)	31,791,109 (0.861037%)	3,692,190,238 (100%)

ORDINARY RESOLUTIONS		NUMBER OF VOTES (approximate %)		TOTAL NUMBER OF VOTES
		FOR	AGAINST
(c)	To authorize the Directors to do all	3,660,401,129	31,789,109	3,692,190,238
	such acts and things, to make, sign,	(99.139018%)	(0.860982%)	(100%)
	execute and deliver such documents
	or agreements or deeds or
	instruments on behalf of the
	Company (and, where necessary, to
	affix the seal of the Company on
	them in accordance with the
	amended and restated articles of
	association of the Company) and to
	do such other things and to do and
	take all such actions, steps, deeds
	and things in such manner and to
	sign all documents as they may deem
	necessary, appropriate, desirable and
	expedient for the purposes of giving
	effect to or in connection with the
	Sale and Purchase Agreement and
	the transactions contemplated
	thereunder, and to agree to such
	variation, amendments or waiver or
	matters relating thereto (including
	any variation, amendments or
	waiver of such documents or any
	terms thereof, which are not
	fundamentally different from those
	as provided in the Sale and Purchase
	Agreement) as are, in the opinion of
	the Directors, in the interests of the
	Company and its shareholders as a
	whole.

On behalf of the Board

China Modern Dairy Holdings Ltd. Ms. GAO Lina

Deputy Chairman, Chief Executive Officer and Executive Officer

Hong Kong, August 1, 2016

As of the date of this announcement, the executive Directors are Ms. GAO Lina, Mr. HAN Chunlin and Mr. SUN Yugang, the non-executive Directors are Mr. YU Xubo, Mr. WOLHARDT Julian Juul, Mr. HUI Chi Kin Max and Mr. ZHANG Ping, the independent non-executive Directors are Prof. LI Shengli, Mr. LEE Kong Wai Conway, Mr. KANG Yan and Mr. ZOU Fei.