19 May 2017

ASIAN GROWTH PROPERTIES LIMITED

Results of 2017 Annual General Meeting

The board of directors of Asian Growth Properties Limited (the "Company") (AIM Stock Code: AGP), the Hong Kong based China property development and investment company, announces that all the resolutions considered and voted upon by the Company's shareholders at the 2017 Annual General Meeting of the Company held on 19 May 2017 were duly passed.

For more information, please contact:

Lincoln Lu                                   Tel: +852 2828 3232

Chief Executive Officer and Executive Director

Asian Growth Properties Limited

Richard Gray                                 Tel: +44 207 886 2500

Andrew Potts

Panmure Gordon (UK) Limited

(Nominated Advisor)