Spin-Off and Listing of CPM Group Limited on the Main Board of the Stock Exchange – Commencement of Dealings in the CPM Shares

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.

This announcement is for information purpose only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Company. This announcement does not constitute and is not an offer to sell or the solicitation of an offer to buy any securities referred to in this announcement in the United States of America or elsewhere.

The Company has not registered and does not intend to register any of these securities under the US Securities Act of 1933, as amended (the "US Securities Act") and such securities may not be offered or sold in the United States of America absent registration under the US Securities Act or an exemption from registration.

Reference is made to the announcements of the Company dated 23 November 2016, 25 November 2016, 1 June 2017, 12 June 2017, 16 June 2017, 19 June 2017,

25 June 2017, 29 June 2017, 30 June 2017 and 7 July 2017 (the "Announcements") in relation to the Spin-Off and the Listing. Unless the context requires otherwise, the capitalised terms used herein shall have the same meanings as defined in the Announcements.

The Board is pleased to announce that completion of the Spin-off and the Global Offering took place on 10 July 2017. Following completion of the Global Offering, dealings in the CPM Shares on the Main Board of the Stock Exchange commenced at 9:00 a.m. on 10 July 2017.

By order of the Board Lam Ting Ball, Paul Chairman

Hong Kong, 10 July 2017

As at the date of this announcement, the Board comprises Mr. Lam Ting Ball, Paul and Mr. Chong Chi Kwan as executive directors; Mr. Tsui Ho Chuen, Philip, Mr. Chan Wa Shek, Mr. Zhang Yulin and Mr. Hung Ting Ho, Richard as non-executive directors; and Sir David Akers-Jones, Mr. Danny T Wong and Mr. Zhang Xiaojing as independent non-executive directors.