Bank of China (Hong Kong) Limited announces the Results of Tender Offer to Purchase for Cash Any and All of the U.S.$2,500,000,000 5.55 per cent. Subordinated Notes due 2020 (Rule 144A CUSIP:061199 AA3, Rule 144A ISIN: US061199AA35, Regulation S CUSIP: Y1391C AJ0 and Regulation S ISIN: USY1391CAJ00)

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Sep 11, 2018, 19:58 ET

HONG KONG, Sept. 11, 2018 /PRNewswire/ -- Reference is made to the press release by the Company dated 30 August 2018 and 12 September 2018 relating to the Tender Offer to Purchase for Cash Any and All of the U.S.$2,500,000,000 5.55 per cent. Subordinated Notes due 2020 (the "Offer") (the "Press Release"). Capitalised terms used but not otherwise defined here shall have the meaning given to them in the Press Release.

Expiration and Results of the Offer

The Offer expired at 5:00 p.m. New York City time on 11 September 2018. The Company accordingly announces that it has accepted for purchase U.S.$876,749,000 in aggregate principal amount of Notes. Tender instructions representing U.S.$65,000 in aggregate principal amount of Notes were received under the guaranteed delivery procedures described in the Tender Offer Memorandum.

The Company further announces that the General Conditions and the Financing Condition have been satisfied or waived and accordingly, the Settlement Date of the Offer is expected to be on or about 14 September 2018, when payment of the Tender Consideration plus Accrued Interest for all Notes validly tendered and accepted for purchase by the Company will be made.

Further Details

The terms of the Offer are more fully described in the Tender Offer Memorandum. For additional information regarding the conditions of the Offer, please refer to the Tender Offer Memorandum and its related documents.

The Company has appointed Citigroup Global Markets Limited and Goldman Sachs (Asia) L.L.C. 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 website of Tender Offer or may be requested from the Information and Tender Agent at:

Phone (London):

Phone (Hong Kong):

Phone (New York):

+44 20 7920 9700

+852 3953 7231

+1 212 269 5550

Email:

[email protected]

Website:

https://sites.dfkingltd.com/bochk/

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

*Citigroup Global Markets Limited*
Address:	Canada Square, Canary Wharf, London E14 5LB, United Kingdom
Phone: Fax:	+852 2501 2693 (Hong Kong) / +44 20 7986 9000 (London) / +1 212 723 6106 (New York) +44 20 7986 1842 (London)
Email:	[email protected]

*Goldman Sachs (Asia) L.L.C.*
Address:	68^th Floor, Cheung Kong Center, 2 Queen's Road Central, Hong Kong
Phone: Fax:	+852 2978 2519 (Hong Kong) +44 20 7051 9460 (London) +1 212 902 8015 (New York) +852 2978 0440
Email:	[email protected]

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.

SOURCE Bank of China (Hong Kong) Limited