HONG KONG, Feb. 27, 2019 /PRNewswire/ — Reference is made to the press releases by China CITIC Bank International Limited (the “Company“) dated 14 February 2019, 25 February 2019 and 27 February 2019 (together, the “Press Releases“) relating to the offer to purchase (the “Offer“) for cash any and all of the Notes validly tendered (and not validly withdrawn) by holders and accepted for purchase, on the terms and conditions set forth in the tender offer memorandum dated 14 February 2019 (the “Tender Offer Memorandum“). Capitalised terms used but not otherwise defined here shall have the meaning given to them in the Press Releases and the Tender Offer Memorandum.

Updated Results of the Offer

Following the receipt of additional tender instructions that have been made prior to the Expiration Time, the Company announces that it has accepted for purchase US$195,616,000 (or 39.12%) in aggregate principal amount of Notes.

The Any and All Settlement Date of the Offer is expected to be on or about 28 February 2019, when payment of the Tender Consideration plus Accrued Interest for all Notes validly tendered and accepted for purchase by the Company, other than the Notes tendered using the guaranteed delivery procedures, will be made.

Further Details

The Company (as the Offeror) has appointed China CITIC Bank International Limited, Citigroup Global Markets Limited, The Hongkong and Shanghai Banking Corporation Limited and ICBC International Securities Limited as the Dealer Managers, and D.F. King Limited as the Information and Tender Agent, with respect to the Offer.

Copies of the Tender Offer Memorandum and its related documents may be found on the Offer Website or may be requested from the Information and Tender Agent at:

Any questions or requests for assistance concerning the Offer may be directed to the Dealer Managers at:

Important Information

This press release is neither an offer to purchase nor a solicitation to buy any Notes nor is it a solicitation for acceptance of the Offer. The Company is making the Offer only by, and pursuant to the terms of, the Tender Offer Memorandum. The Offer is not being made to (nor will tenders of Notes be accepted from or on behalf of) holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. This press release must be read in conjunction with the Tender Offer Memorandum. None of the Dealer Managers, the Information and Tender Agent, the Trustee or the Company makes any recommendation as to whether the holders should tender Notes or participate in the Offer.

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SOURCE China CITIC Bank International Limited