Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESI

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Asian Growth Properties Limited

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

Shares acquired under the share exchange offer for the issued shares in Asian Growth Properties Limited by Nan Luen International Limited

ü

3. Full name of person(s) subject to thenotification obligation: iii

Nan Luen International Limited

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

N/A

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

18 August 2017

6. Date on which issuer notified:

21 August 2017

7. Threshold(s) that is/are crossed orreached: vi, vii

88.80%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

ISIN code: BMG054131021

741,951,367

741,951,367

787,115,097

787,115,097

0

88.80

0

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

787,115,097

88.80%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

JCS Limited has an indirect interest in 787,115,097 common shares in the Company by virtue of its 63.58% shareholding interest in Nan Luen International Limited.

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

14. Contact name:

Dora Chow

15. Contact telephone number:

+852 2828 3263