MTR Corporation Limited on March 21, 2021 announced CNY 1,000,000,000 2.9% Fixed Rate Notes due 2024 issued under the Issuer's USD 7,000,000,000 Debt Issuance Programme. The amount is up to USD 7,000,000,000 (or its equivalent in other currencies calculated at the time of the agreement to issue) outstanding at any time. The Issuers will have the option at any time to increase the aggregate principal amount of the Programme in accordance with the terms of the Programme Agreement. Distribution: Notes may be distributed by way of private placement on a syndicated or non-syndicated basis.