Yuexiu Transport Infrastructure : VOLUNTARY ANNOUNCEMENT COMPLETION OF THE PUBLIC ISSUE OF THE FIRST TRANCHE OF THE 2020 PHASE II MEDIUM TERM NOTES IN THE PRC

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This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities of the Company and its subsidiaries in Hong Kong or elsewhere.

(Incorporated in Bermuda with limited liability)

(Stock code: 01052)

VOLUNTARY ANNOUNCEMENT

COMPLETION OF THE PUBLIC ISSUE OF

THE FIRST TRANCHE OF THE 2020 PHASE II

MEDIUM TERM NOTES IN THE PRC

This is a voluntary announcement made by Yuexiu Transport Infrastructure Limited (the "Company", together with its subsidiaries, the "Group").

References are made to the announcements of the Company dated 12 May 2020 and 19 June 2020 in relation to, among other things, the applications made by the Company to the National Association of Financial Market Institutional Investors for the registration of two separate tranches of interest-bearing medium term notes in the principal amounts of up to RMB1,500,000,000 (the "2020 Phase II Medium Term Notes") and RMB1,000,000,000 (the "2020 Phase III Medium Term Notes"), respectively, and the grant of the relevant approvals. The 2020 Phase II Medium Term Notes and the 2020 Phase III Medium Term Notes shall be issued in tranches.

The board of directors (the "Board") of the Company is pleased to announce that the first tranche of the 2020 Phase II Medium Term Notes of a principal amount of RMB500,000,000 has been issued on 17 August 2020 with a term of 3 years and a coupon rate of 3.54%.

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The Company considers that the issuance of the first tranche of the 2020 Phase II Medium Term Notes is conducted in its ordinary and usual course of business and this announcement is made to keep investors informed of the business development of the Company. The proceeds raised will be used to repay the Group's outstanding interest-bearing debts in the PRC.

By Order of the Board

Yuexiu Transport Infrastructure Limited

Yu Tat Fung

Company Secretary

Hong Kong, 17 August 2020

As at the date of this announcement, the Board comprises:

Executive Directors:	LI Feng (Chairman), HE Baiqing, CHEN Jing and XIE Yanhui
Independent Non-executive	FUNG Ka Pun, LAU Hon Chuen Ambrose and CHEUNG Doi Shu
Directors:

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