Hong Kong Exchanges and Clearing Limited

FORM 3B - Director/Chief Executive Notice – Interests in Shares of Associated Corporation

Form Serial Number:

DB20200312E00264

1. Date of relevant event:

09/03/2020
(dd/mm/yyyy)

2. Date when director became aware of the relevant event / interest in the shares (if later):

(dd/mm/yyyy)

3. Stock code:

00017

4. Name of listed corporation:

New World Development Co. Ltd.

5. Name of associated corporation of listed corporation:

NWS HOLDINGS LIMITED

6. Registered office:

CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON, HM11, BERMUDA

7. Principal place of business:

28/F., NEW WORLD TOWER, 18 QUEEN'S ROAD CENTRAL, HONG KONG

8. Class of shares in which interested:

ORDINARY

9. Number of issued shares in class:

3,911,137,849

12. Exchange on which listed:

THE STOCK EXCHANGE OF HONG KONG LIMITED

13. Name of director (English) as printed on HKID Card/Passport:

(Surname)	CHENG
(Other names)	KAR SHUN

16. Name of director (Chinese):

鄭家純

17. Chinese Character Code as printed on HKID Card:

677413674783

30. Details of relevant event:

Brief description of relevant event

Capacity in which shares were/are held

Number of shares bought/sold or involved

Currency of transaction

On Exchange

Off Exchange

Before relevant event

After relevant event

Highest price (per share)

Average price (per share)

Average consideration (per share)

Nature of consideration

Long position

12041

The number of shares in which you are interested has reduced because:
expiry or cancellation without exercise of equity derivatives under which (choose one):
you had a right to take the underlying shares

2101	Beneficial owner

7,420,739

Short position

31. Total shares immediately before the relevant event:

	Total number of shares	Percentage figure (%)
Long position	37,770,310	0.97

32. Total shares immediately after the relevant event:

	Total number of shares	Percentage figure (%)
Long position	30,349,571	0.78

33. Capacity in which interests disclosed in Box 32 are held:

Capacity code	Number of shares

34. Further information in derivative interests in associated corporation:

Derivatives code

Exercise period (dd/mm/yyyy)

Consideration - if derivatives granted by associated corporation

Number of shares

Begins

Ends

Currency

Price for grant

Currency

Exercise price

Currency

Price on assignment

Long position

4105	Unlisted derivatives - Physically settled

09/05/2015

12/03/2020

HKD

14.120

4,452,443

Long position

4105	Unlisted derivatives - Physically settled

09/05/2016

12/03/2020

HKD

14.120

1,484,146

Long position

4105	Unlisted derivatives - Physically settled

09/03/2017

12/03/2020

HKD

14.120

1,484,150

35. Further information in relation to interests of children under 18 and/or spouse:

Child/Spouse	Name of child/spouse	Number of shares

36. Further information in relation to interests of corporations controlled by director:

Name of controlled corporation	Address and place of incorporation	Name of controlling person	% control	Direct interest (Y/N)	Number of shares

37. Further information in relation to interests held by director jointly with another person:

Name of joint shareholder	Address	Number of shares

38. Further information from a trustee, a beneficiary of a trust, or a person who has set up a discretionary trust:

Names of Trust	Address	Status code	Number of shares

39. Supplementary information:

Due to the problem found in the DION system, current date is inserted in the exercise period end date for each tranche of share options shown in box 34 in order to submit this form through the DION system successfully. The correct exercise period end date for each tranche of share options should be 8 March 2020.

40. Log/Serial Number of the previous form:

Date of filing this Form 3B:

12/03/2020
(dd/mm/yyyy)