Clear Media : Disclosure of Dealings under Rule 22 of the Takeovers Code

Public Disclosure Form

13 March 2020

Possible general offer

Disclosure of dealings in the shares of Clear Media Limited

The Executive received the following disclosure of securities dealings pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers:

Party	Date	Purchase / Sale	Number of shares	Price per share	Resultant balance	Percentage of class
					(including those of	(including those of
					any person with whom	any person with whom
					there is an agreement	there is an agreement
					or understanding)	or understanding)
Mittleman Brothers,	12 March 2020	Sale	22,000	$5.8609	38,617,308	7.1289%
LLC
	Sale	20,000	$5.8195	38,597,308	7.1252%
		Sale	54,000	$5.8072	38,543,308	7.1152%
		Sale	8,000	$5.8700	38,535,308	7.1138%
		Sale	8,000	$5.8700	38,527,308	7.1123%

End

Note:

Mittleman Brothers, LLC is a Class (6) associate of the Offeree company by virtue of its holdings of ordinary shares in the Offeree company.

Public Disclosure Form

Dealings were made for the account of discretionary investment clients.

Mittleman Brothers, LLC is ultimately owned by its principals (Christopher Mittleman, Philip Mittleman and David Mittleman) with a minority held by certain clients and other investors.