i-Cable Communications Limited — Capital/Financing Update 2018

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.

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i-CABLE COMMUNICATIONS LIMITED

(Incorporated in Hong Kong with limited liability)

(Stock Code: 1097)

ANNOUNCEMENT PURSUANT TO RULE 13.18 OF THE LISTING RULES

This announcement is made pursuant to Rule 13.18 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ‘‘Listing Rules’’).

REVOLVING LOAN FACILITY AND PERFORMANCE BOND FACILITY

The board (the ‘‘Board’’) of directors (the ‘‘Directors’’) of i-CABLE Communications Limited (the ‘‘Company’’) announces on 17 April 2018, (i) Hong Kong Cable Television Limited (‘‘HKCTV’’), a wholly-owned subsidiary of the Company, as borrower, and the Company, as guarantor, confirmed the acceptance of a facility letter issued by a bank (the ‘‘Lender’’), as the lender, in respect of, among other things, a HK$400,000,000 revolving loan facility (the ‘‘Revolving Loan Facility’’) being subject to review at any time and in any event by 28 February 2019 by the Lender; and (ii) the Company, as applicant, on behalf of Hong Kong Cable News Express Limited, a wholly-owned subsidiary of the Company, (together with HKCTV, the ‘‘Borrowers’’) confirmed the acceptance of a facility letter issued by the Lender in respect of a HK$30,000,000 performance bond facility (the ‘‘Performance Bond Facility’’) with a maximum tenor of five years being subject to review at any time and in any event by 28 February 2019 by the Lender.

SPECIFIC PERFORMANCE OBLIGATION

Pursuant to the facility letters in relation to both the Revolving Loan Facility and the Performance Bond Facility, the Borrowers have undertaken that Forever Top (Asia) Limited, the controlling shareholder of the Company, will (i) hold greater than 35% of the total number of the issued shares of the Company and (ii) be the single largest shareholder of the Company. In the event of a breach of the aforesaid covenant, the Lender has the right to suspend, withdraw or make demand in respect of the whole or any part of the respective facilities made available to the relevant Borrower at any time or determine whether or not to permit drawings in relation to the respective facilities. As at the date of this announcement, Forever Top (Asia) Limited holds approximately 43.22% of the total number of the issued shares of the Company.

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The Company will make continuing disclosure in its subsequent interim and annual reports pursuant to Rule 13.21 of the Listing Rules for so long as circumstances giving rise to the relevant disclosure obligation under Rule 13.18 of the Listing Rules continue to exist.

By order of the Board i-CABLE COMMUNICATIONS LIMITED Kwok Chi Kin

Company Secretary

Hong Kong, 17 April 2018

As at the date of this announcement, the Board comprises ten Directors, namely Tan Sri Dato ’ David Chiu (Chairman), Dr. Cheng Kar-Shun, Henry (Vice-chairman), Dr. Cheng Chi-Kong, Adrian, Mr. Tsang On Yip, Patrick and Mr. Hoong Cheong Thard as nonexecutive Directors, Mr. Andrew Wah Wai Chiu as executive Director, and Mr. Lam KinFung, Jeffrey, Mr. Hu Shao Ming Herman, Mr. Luk Koon Hoo, Roger and Mr. Tang Sing Ming Sherman as independent non-executive Directors.

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