LHN : MAJOR TRANSACTION UNDER THE HONG KONG LISTING RULES - ACQUISITIONS OF THE BEACH ROAD PROPERTIES - DELAY IN DESPATCH OF CIRCULAR

Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and Singapore Exchange Securities Trading 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.

LHN LIMITED

賢 能 集 團 有 限 公 司 *

(Incorporated in the Republic of Singapore with limited liability)

(Hong Kong Stock Code: 1730)

(Singapore Stock Code: 41O)

MAJOR TRANSACTION UNDER THE HONG KONG LISTING RULES

ACQUISITIONS OF THE BEACH ROAD PROPERTIES

DELAY IN DESPATCH OF CIRCULAR

Reference is made to the announcement of LHN Limited (the "Company") dated 12 April 2021 regarding the Acquisitions (the "Announcement"). Capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement unless otherwise defined.

It was disclosed in the Announcement that an information circular (the "Circular") containing, among other things, further details of the Acquisitions was expected to be circulated to the Shareholders in accordance with the Listing Rules for information purposes as soon as practicable within 15 business days after the date of the Announcement (being on or before 3 May 2021).

As additional time is required for the Company to prepare and finalise the information for inclusion in the Information Circular, the Company has applied to the Stock Exchange for a waiver from strict compliance with Rule 14.41(a) of the Listing Rules for an extension of the date of despatch of the Information Circular to on or before 25 June 2021.

By order of the Board

LHN Limited

Lim Lung Tieng

Executive Chairman and

Group Managing Director

Singapore, 3 May 2021

As at the date of this announcement, the board of directors of the Company comprises Mr. Lim Lung Tieng and Ms. Lim Bee Choo as executive directors of the Company; and Ms. Ch'ng Li-Ling, Mr. Yong Chee Hiong and Mr. Chan Ka Leung Gary as independent non-executive directors of the Company.

* For identification purpose only