Publication of Shareholder Circular

2 October 2015

Asian Growth Properties Limited

("AGP" or the "Company")

Proposed Disposal of Land at Fo Tan

Publication of Shareholder Circular

Further to the announcement on 1 October 2015, the Company is pleased to announce that a circular has today been posted to Shareholders. The circular includes a notice of the Extraordinary General Meeting to be held at the Board Room, 26th Floor, Dah Sing Financial Centre, 108 Gloucester Road, Wanchai, Hong Kong on Tuesday, 20 October 2015, at 11.00 a.m. (Hong Kong time) (4.00 a.m.) (London time).

Copies of the circular will be available to the public, free of charge, at the Company's principal place of business at 25th Floor, Dah Sing Financial Centre, 108 Gloucester Road, Wanchai, Hong Kong during usual business hours on any weekday (Saturdays, Sundays and public holidays excepted) for one month from the date of the circular. The circular will also be available on the Company's website, www.asiangrowth.com.

For more information, please contact:

Lu Wing Chi Tel: +852 2828 6363

Executive Director

Asian Growth Properties Limited

Richard Gray Tel: +44 207 886 2500

Andrew Potts

Panmure Gordon (UK) Limited

(Nominated Advisor)