Infinity Development : PROPOSED PAYMENT OF FINAL DIVIDEND AND CLOSURE OF REGISTER OF MEMBERS

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INFINITY DEVELOPMENT HOLDINGS COMPANY LIMITED

星 謙 發 展 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 640) PROPOSED PAYMENT OF FINAL DIVIDEND AND CLOSURE OF REGISTER OF MEMBERS

Reference is made to the announcement (the "Announcement") of Infinity Development Holdings Company Limited (the "Company") dated 30 December 2016 relating to the annual results of the Company and its subsidiaries for the year ended 30 September 2016. The board of directors (the "Board") of the Company hereby announces the following:

FINAL DIVIDEND

As stated in the Announcement, the Board has resolved to recommend the payment of a final dividend of HK2.1 cents per share (the "Final Dividend") for the year ended 30 September 2016 to shareholders of the Company (the "Shareholders") whose names appear on the register of members (the "Register of Members") of the Company on Wednesday, 1 March 2017. The Final Dividend is subject to approval by the Shareholders at the annual general meeting of the Company to be held on Thursday, 23 February 2017 (the "AGM"), the Final Dividend is expected to be distributed to those entitled on Thursday, 23 March 2017.

CLOSURE OF REGISTER OF MEMBERS

1. For determining the entitlement to attend and vote at the AGM, the Register of Members will be closed from Monday, 20 February 2017 to Thursday, 23 February 2017 (both days inclusive), during which no transfer of shares of the Company will be registered. In order to be eligible to attend and vote at the AGM, all transfer of shares accompanied by the relevant share certificates must be lodged with the Company's branch share registrar and transfer office in Hong Kong, Tricor Investor Services Limited (the "Share Registrar") at Level 22, Hopewell Centre, 183 Queen's Road East, Hong Kong for registration not later than 4:30 p.m. on Friday, 17 February 2017.

2. For determining the entitlement of the Final Dividend, the Register of Members will be closed from Thursday, 2 March 2017 to Friday, 3 March 2017 (both days inclusive), during which no transfer of shares of the Company will be registered. In order to qualify for the Final Dividend, all transfer of shares accompanied by the relevant share certificates must be lodged with the Share Registrar for registration not later than 4:30

p.m. on Wednesday, 1 March 2017. The Final Dividend is expected to be distributed to those entitled on Thursday, 23 March 2017.

The expected timetable for the AGM and distribution of the Final Dividend is as follows:

Events Date

Record date for determining the entitlements of Shareholders to attend and vote at the AGM

Friday, 17 February 2017

Latest time for the Shareholders to lodge

transfer documents to the Share Registrar in order to qualify for attending the AGM

4:30 p.m. on Friday, 17 February 2017

Closure of the Register of Members (to qualify for attending and voting at the AGM)

Monday, 20 February 2017 to Thursday,

23 February 2017

Events Date

AGM Thursday, 23 February 2017

Final Dividend ex-entitlement date Tuesday, 28 February 2017 Record date for Final Dividend Wednesday, 1 March 2017

Latest time for the Shareholders to lodge

transfer documents to the Share Registrar in order to qualify for receiving

the Final Dividend

4:30 p.m. on Wednesday, 1 March 2017

(All transfer of shares accompanied by the relevant share certificates and

transfer form must be lodged with

the Share Registrar for registration)

Closure of the Register of Members (to

qualify for receiving the Final Dividend)

Thursday, 2 March 2017 to Friday,

3 March 2017

(Subject to the Shareholders' approval of the payment of the Final Dividend at

the AGM) the expected payment date of the Final Dividend

Thursday, 23 March 2017

By order of the Board

Infinity Development Holdings Company Limited Tong Yiu On

Executive Director

Hong Kong, 3 January 2017

As at the date of this announcement, the Board comprises five executive Directors, namely, Mr. Ieong Un, Mr. Ip Chin Wing, Mr. Ip Ka Lun, Mr. Stephen Graham Prince and Mr. Tong Yiu On and three independent non-executive Directors, namely Mr. Chan Wing Yau George, Mr. Simon Luk and Mr. Tong Hing Wah.