Hutchmed Regulatory News (HCM)

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft

Word format if possible)i

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

Hutchison China MediTech Limited

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

Non-UK issuer

X

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments

X

An event changing the breakdown of voting rights

Other (please specify)iii:

3. Details of person subject to the notification obligationiv

Name

General Atlantic Singapore HCM Pte. Ltd.

City and country of registered office (if applicable)

Singapore

4. Full name of shareholder(s) (if different from 3.)v

Name

City and country of registered office (if applicable)

5. Date on which the threshold was crossed or reachedvi:

06/07/2020

6. Date on which issuer notified (DD/MM/YYYY):

06/07/2020

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial in- struments

(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

Resulting situation on the date on which

threshold was crossed or reached

2.81%

2.35%

5.16%

710,574,765

Position of previous notification (if applicable)

8. Notified details of the resulting situation on the date on which the threshold was crossed or

reachedviii

A: Voting rights attached to shares

Class/type of shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Ordinary Shares KYG4672N1198

20,000,000

2.81%

SUBTOTAL 8. A

20,000,000

2.81%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration datex

Exercise/ Conversion Periodxi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expiration datex

Exercise/ Conversion Period xi

Physical or cash settlementxii

Number of voting rights

% of voting rights

Warrants over

Ordinary Shares

January 3,

2022

At any time after July 2,

2020

Physical

16,666,670

2.35%

SUBTOTAL 8.B.2

16,666,670

2.35%

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

Full chain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)

X

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial in- struments if it equals or is higher than the

notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

GAP (Bermuda) Limited

5.16%

General Atlantic LLC

5.16%

General Atlantic GenPar (Bermuda), L.P.

5.16%

General Atlantic (Lux) S.à r.l.

5.16%

General Atlantic GenPar (Lux) SCSp, L.P.

5.16%

General Atlantic Part- ners (Bermuda) IV, L.P.

5.16%

General Atlantic Part- ners (Bermuda) EU, L.P.

5.16%

General Atlantic Part- ners (Lux) SCSp, L.P.

5.16%

GAP Coinvestments III, LLC

5.16%

GAP Coinvestments IV, LLC

5.16%

GAP Coinvestments V, LLC

5.16%

GAP Coinvestments CDA, L.P.

5.16%

General Atlantic Singa- pore Interholdco Ltd.

5.16%

General Atlantic Singa- pore Fund Pte. Ltd.

5.16%

General Atlantic Singa- pore HCM Pte. Ltd.

5.16%

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional informationxvi

The warrants in Box B 2 have not been exercised, in part or whole, as of the below "Date of completion." Accordingly, the "Total number of voting rights of issuer" in Box 7 do not account for any issuance of the new voting shares, in part or whole, from the exercise of the warrants.

Once the warrants are exercised in full, assuming no other changes in the interests or the voting shares in the meantime, the "Total number of voting rights of issuer" in Box 7 will become 727,241,435. On that

basis, the ownership ordinary shares would represent 2.75%, the ownership of warrants would represent 2.29%, and the combined ownership of the ordinary shares and warrants would represent 5.04%.

Place of completion

Hong Kong, China

Date of completion

July 6, 2020