Disposal

24 May 2016

Asian Growth Properties Limited

("AGP" or the "Company")

Completion of Disposal of Property - Dah Sing Financial Centre

Voluntary Announcement

Further to the announcements made on 25 February 2016, 2 March 2016 and 29 April 2016, the Company wishes to advise that completion of the disposal of property - Dah Sing Financial Centre to Gao Sheng Global Limited occurred on 24 May 2016 in accordance with the timetable set out in the circular dated 3 March 2016.

For more information, please contact:

Lu Wing Chi Tel: +852 2828 6363

Executive Director

Asian Growth Properties Limited

Richard Gray Tel: +44 207 886 2500

Andrew Potts

Panmure Gordon (UK) Limited

(Nominated Advisor)