Beijing Development Hong Kong : EXTRAORDINARY GENERAL MEETING HELD ON 18 JULY 2016 - POLL RESULTS

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北京發 展（ 香港 ）有限公司

BEIJING DEVELOPMENT (HONG KONG) LIMITED

(Incorporated in Hong Kong with limited liability)

(Stock Code: 154) EXTRAORDINARY GENERAL MEETING HELD ON 18 JULY 2016 - POLL RESULTS

The Board is pleased to announce that the ordinary and special resolutions as set out in the notice of the EGM contained in the Circular were duly passed by way of poll at the EGM held on 18 July 2016.

Reference is made to the announcements of the Company dated 31 March 2016 and the circular of the Company dated 24 June 2016 (the "Circular") in relation to, among other things, the acquisition of equity interest in the Target Group involving the issue of New Bonds and the proposed change of the name of the Company. Unless the context otherwise requires, capitalised terms used in this announcement shall have the same meaning as those defined in the Circular.

POLL RESULTS OF THE EGM

The Board is pleased to announce that at the EGM held on 18 July 2016, (i) the ordinary resolution as set out in the notice of the EGM contained in the Circular proposed to approve, ratify and confirm the Sale and Purchase Agreement and the transactions contemplated thereunder and to approve the grant of the specific mandate to allot and issue the New Conversion Shares was duly passed by the Independent Shareholders by way of poll; and (ii) the special resolution as set out in the notice of the EGM contained in the Circular proposed to approve the change of the English name of the Company from "Beijing Development (Hong Kong) Limited" to "Beijing Enterprises Environment Group Limited" and the Chinese name of the Company from "北京發展（ 香港）有限公司" to "北京控股環境集團有限公司" was duly passed by the Shareholders by way of poll.

As at the date of the EGM, the total number of Shares entitling the Shareholders to attend and vote for or against the special resolution proposed at the EGM was 1,500,360,150 Shares, representing the entire issued share capital of the Company. As stated in the Circular, BEHL who is the controlling Shareholder interested in 756,120,000 Shares, representing approximately 50.396% of the total number of Shares in issue as of the date of this announcement, had abstained from voting on the ordinary resolution to approve the Sale and Purchase Agreement and the transactions contemplated thereunder at the EGM. Accordingly, the total number of Shares entitling the Independent Shareholders to attend and vote for or against the ordinary resolution proposed at the EGM was 744,240,150 Shares. There was no Share entitling any Shareholder to attend and vote only against the resolutions at the EGM and none of the Shareholders have stated their intention in the Circular to vote against the resolutions at the EGM.

The Company has appointed its share registrar, Tricor Tengis Limited, as the scrutineer for the vote-taking at the EGM. The poll results in respect of the ordinary resolution and special resolution proposed at the EGM are as follows:

ORDINARY RESOLUTION	Number of votes cast (% of total number of votes cast)		Total number of votes cast
	FOR	AGAINST
To approve, ratify and confirm the Sale and Purchase Agreement and the transactions contemplated thereunder and to approve the grant of the specific mandate to allot and issue the New Conversion Shares.	449,516,494 (99.938%)	277,000 (0.062%)	449,793,494 (100%)
As more than 50% of the votes were cast in favour of the above resolution, the above resolution proposed at the EGM was duly passed as an ordinary resolution.
SPECIAL RESOLUTION	Number of votes cast (% of total number of votes cast)		Total number of votes cast
	FOR	AGAINST
To approve the change of the English name of the Company from "Beijing Development (Hong Kong) Limited" to "Beijing Enterprises Environment Group Limited" and the Chinese name of the Company from "北京發展（香港）有限公 司" to "北京控股環境集團有限公司".	1,188,231,494 (99.980%)	237,000 (0.020%)	1,188,468,494 (100%)
As more than 75% of the votes were cast in favour of the above resolution, the above resolution proposed at the EGM was duly passed as a special resolution.

Shareholders and potential investors of the Company should be aware that (i) the Completion is still subject to the fulfillment of conditions precedent (c) and (d) as set out under the section headed "The Sale and Purchase Agreement - Conditions Precedent" in the Letter from the Board in the Circular; and (ii) the Proposed Change of Company Name is still subject to the Registrar of Companies in Hong Kong approving the new name in English and Chinese and issuing a certificate of change of name.

By order of the Board

Beijing Development (Hong Kong) Limited Ke Jian

Vice Chairman and CEO

Hong Kong, 18 July 2016

As at the date of this announcement, the board of directors of the Company comprises five executive directors, namely Mr. E Meng, Mr. Ke Jian, Ms. Sha Ning, Ms. Qin Xuemin and Mr. Ng Kong Fat, Brian, and five independent non-executive directors, namely Dr. Jin Lizuo, Dr. Huan Guocang, Dr. Wang Jianping, Prof. Nie Yongfeng and Mr. Cheung Ming.