I Cable Communications : Intended Distribution in Specie of the Shares of the Company by Controlling Shareholder

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.

(Incorporated in Hong Kong with limited liability)

(Stock Code: 1097)

Reference is made to the circular dated 12 May 2017 ("Circular") and the supplemental announcement dated 19 May 2017 issued by i-CABLE Communications Limited (the "Company"). Unless otherwise defined in this announcement, capitalised terms used herein shall have the same meanings as defined in the Circular.

As at the date of this announcement, the board of directors of Wheelock had announced the record date for the intended Wheelock Distribution in Specie of all the Shares as may be distributed by the Wharf Group to the Wheelock Group by way of the Initial Distribution in Specie, which is currently expected to be 914,803,898 Shares (representing approximately 45.48% of the issued share capital of the Company as at the date of this announcement). For more details, please refer to the said announcement dated 14 August 2017 issued by Wheelock.

Upon completion of the Wheelock Distribution in Specie, it is expected that the Wheelock Group will no longer have any shareholding interests in the Company.

By order of the Board

Company Secretary

Hong Kong, 14 August 2017

As at the date of this announcement, the Board comprises Mr. Stephen T. H. Ng, Mr. William

J. H. Kwan and Mr. Paul Y. C. Tsui, together with four independent non-executive directors, namely, Mr. Herman S. M. Hu, Mr. Roger K. H. Luk, Mr. Sherman S. M. Tang and Mr. Patrick Y. W. Wu.

i-CABLE Communications Limited - Announcement

(14 August 2017)