Renewal of Mtr Advertising Sales Agency Service Contract for Mtr Malls and Commercial Premises

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. VOLUNTARY ANNOUNCEMENT RENEWAL OF MTR ADVERTISING SALES AGENCY SERVICE CONTRACT FOR MTR MALLS AND COMMERCIAL PREMISES This announcement is made by Asiaray Media Group Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) on a voluntary basis to inform the shareholders of the Company and potential investors of the latest business development of the Group. The board of directors (the “ Directors”) of the Company is pleased to announce that Asiaray Outdoor Media Limited, a wholly-owned subsidiary of the Company, has renewed the advertising sales agency service contract (the “ Contract ”) with MTR Corporation Limited (the “MTR or MTR Corporation ”), in relation to the grant of exclusive rights to provide advertising sales agency service for the MTR malls and commercial premises for a period of 5 years commencing from 1 January 2017 and ending on 31 December 2021. The Group has been awarded the Contract for the MTR malls and commercial premises since 2008. The Contract covers MTR malls and outdoor billboards of its commercial premises situated at central business districts and some high-traffic areas along the MTR metro lines. These include the outdoor billboards at Admiralty Centre, the LED wall at Worldwide House, the outdoor billboards at Hung Hom Station Car Park, and the shopping malls which consist of Citylink at Shatin, Luk Yeung Galleria at Tsuen Wan, Maritime Square at Tsing Yi, Ocean Walk at Tuen Mun, Paradise Mall at Heng Fa Chuen, PopCorn at Tseung Kwan O, Telford Plaza at Kowloon Bay and The Lane at Hang Hau. In addition to this, the Group also provides - 1 - the exclusive advertising agency service for four metro lines of MTR Corporation, including East Rail Line, West Rail Line, Ma On Shan Line and Light Rail, together with MTR buses. Leveraging its “Space Management” model, the Group aims to enrich the passengers’ experience and the ambience of the shopping malls through the creative use of space, five- senses experience and integration of advanced technologies which cater to the needs of the advertisers. With our professional knowhow and experience in the out-of-home advertising industry, we are confident in delivering value-added advertising solutions for our advertisers and are well-positioned in capturing the opportunities arising from the out-of-home advertising industry in Greater China. By Order of the Board Asiaray Media Group Limited Lam Tak Hing, Vincent Chairman Hong Kong, 30 November 2016 As at the date of this announcement, the executive Directors are Mr. Lam Tak Hing, Vincent, Mr. So Chi Man and Mr. Lam Ka Po; the non-executive Director is Mr. Yung Chung Man; and the independent non-executive Directors are Mr. Ma Andrew Chiu Cheung, Mr. Ma Ho Fai SBS JP and Dr. Chan Chi Fai Andrew SBS JP . - 2 - .

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