Dairy Farm International Holdings Limited – Management Change

Hamilton, Bermuda – 12 November 2019 – In a filing with the Bermuda Stock Exchange (“BSX”), Dairy Farm International Holdings Limited (the “Company”; Ticker: DFIBD.BH) today announced that Clem Constantine will become Chief Financial Officer of the Dairy Farm Group with immediate effect, having successfully performed the role on an interim basis since August. Clem will also retain his current leadership responsibilities for Property and Store Development; the full filing stated the following;

 11 November 2019 - Dairy Farm International Holdings Limited today announced that Clem Constantine will become Chief Financial Officer of the Dairy Farm Group with immediate effect, having successfully performed the role on an interim basis since August. Clem will also retain his current leadership responsibilities for Property and Store Development.

Clem joined the Dairy Farm leadership team in September 2018 as Group Property Director. As well as having significant property expertise, Clem, as a qualified Chartered Accountant has extensive experience of senior finance roles in the Retail Sector in the UK.

Commenting on his appointment, Group Chief Executive Ian McLeod said:

“During his time with Dairy Farm, Clem has shown strong leadership across our Property Division and more recently across the Group Finance functions. I am delighted he has now agreed to take on the Finance role permanently: we are fortunate to have someone of Clem’s calibre and experience to provide leadership in these areas and wish him every success in his new role.”

Dairy Farm is a leading pan-Asian retailer. The Group, together with its associates and joint ventures, operates over 10,000 outlets – including supermarkets, hypermarkets, convenience stores, health and beauty stores, home furnishings stores and restaurants – employing over 230,000 people, and had total sales in 2018 exceeding US$21 billion.

Dairy Farm International Holdings Limited is incorporated in Bermuda and has a standard listing on the London Stock Exchange, with secondary listings in Bermuda and Singapore. It is a member of the Jardine Matheson Group.

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For further information, please contact:

Dairy Farm Management Services Limited

Kirsten Molyneux (852) 2299 1884

Sindy Wong (852) 2299 3011

Brunswick Group Limited

Annabel Arthur (852) 3512 5075

This and other Group announcements can be accessed through the internet at

‘www.dairyfarmgroup.com’.

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For more information on the Bermuda Stock Exchange (BSX), contact Jacintha Pogson-Hughes at 1-441-292-7212 or jphughes@bsx.com . Information is also available at www.bsx.com and on Bloomberg at BSX <GO>. Established in 1971 the Bermuda Stock Exchange (BSX) is the leading fully electronic offshore securities market. The BSX specializes in listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants and Insurance Linked Securities.

The BSX is a full member of the World Federation of Exchanges (WFE) and is in an O.E.C.D. member nation and an affiliate member of IOSCO. The BSX is recognised by the US SEC as a Designated Offshore Securities Market. In addition, the BSX is recognized by the U.S. Securities & Exchange Commission (SEC) as a Designated Offshore Securities Market under Regulation S; The Financial Services Authority in the UK as a Designated Investment Exchange; HM Revenue & Customs in the UK as a Recognized Stock Exchange; The Bermuda Monetary Authority as a Recognised Investment Exchange; and as an Approved Stock Exchange under Australia’s Foreign Investment Funds (FIF) taxation rules; and Designated Exchange status under Canada’s Income Tax Act and is a member of America’s Central Securities Depository Association.