C C Land : Disclosure pursuant to Rule 13.18 of the Listing Rules

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited 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.

C C Land Holdings Limited

中 渝 置 地 控 股 有 限 公 司

(Incorporated in Bermuda with limited liability) Website: www.ccland.com.hk

(Stock Code: 1224)

DISCLOSURE PURSUANT TO RULE 13.18 OF THE LISTING RULES

This announcement is made pursuant to Rule 13.18 of the Listing Rules.

On 9 October 2019, the Company entered into the Facility Agreement relating to a term loan facility in an aggregate amount of HK$2,300,000,000 made available to the Company as borrower with certain financial institutions as lenders with a term of 36 months from the date of the Facility Agreement (the "Facility").

Under the Facility Agreement, it is (among other matters) an event of default if Mr. Cheung, save for certain exceptions, (i) directly or indirectly, is not or ceases to be the shareholder holding the largest shareholding of the Company; (ii) does not or ceases to hold beneficially (directly or indirectly) of 35% or more of the issued share capital of the Company (excluding any part of that issued share capital that carries no right to participate beyond a specified amount in a distribution of either profits or capital); or (iii) does not or ceases to have control of the Company. Upon the occurrence of an event of default which is continuing, commitments of the lenders or any part thereof under the Facility Agreement may immediately be cancelled, and/or all or any part of the loans under the Facility, together with accrued interest, and all other amounts accrued or outstanding under the Facility Agreement and other ancillary finance documents may become immediately due and payable, and/or all or any part of the loans under the Facility may become payable on demand.

The Company will continue to comply with its disclosure obligations under the Listing Rules for so long as such obligations remain.

DEFINITIONS

In this announcement, unless the context requires otherwise, the following expressions have the following meanings:

"Board"

the board of Directors

"Company"C C Land Holdings Limited, a company incorporated in Bermuda with limited liability whose shares are listed on the main board of the Stock Exchange

"Director(s)" the director(s) of the Company

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"Facility	the facility agreement dated 9 October 2019 and executed by the Company as
Agreement"	borrower in relation to the Facility
"Listing Rules"	the Rules Governing the Listing of Securities on the Stock Exchange
"Mr. Cheung"	Mr. Cheung Chung Kiu, Chairman of the Board and the controlling
	shareholder of the Company, who was deemed to be interested in
	approximately 51.97% of the issued share capital of the Company as at the
	date of this announcement
"Stock Exchange"	The Stock Exchange of Hong Kong Limited
"%"	percent

By order of the Board

Lam How Mun Peter

Deputy Chairman and Managing Director

Hong Kong, 9 October 2019

As at the date of this announcement, the Board comprises Mr. Cheung Chung Kiu, Dr. Lam How Mun Peter, Mr. Wong Chi Keung, Mr. Leung Chun Cheong and Mr. Leung Wai Fai as Executive Directors; and Mr. Lam Kin Fung Jeffrey, Mr. Leung Yu Ming Steven and Dr. Wong Lung Tak Patrick as Independent Non-executive Directors.

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