A Holistic Approach Encompassing "Wellness, Dining, Living, Learning & Traveling"

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Collaborations with KeyChain Pay and OpenRice� Amazing Offers Through Rental Payments and Takeouts At Your Fingertips��

HONG KONG, CHINA - Media OutReach - 5 October, 2020 - Amid
the Covid-19 outbreak, we see a paradigm shift in all aspects of our daily
lives, which inevitably extends to new operating models in terms of global
consumptions and economies. The F&B and rental payment modules have both
seen drastic changes with the prevalence of Internet and online platforms. Digital
transformation allows us to take care of almost everything at the comfort of
our homes. In view of this, Hang Lung Properties, once again, joins forces with
Mastercard, the world's leading digital payment technology company, as a
continual effort of its year-long ONLife campaign. Following the tremendous
success of the previous wellness, learning, and traveling initiatives, dining
and living are in the spotlight this time around. ONLife allows customers to
enjoy tiered benefits, with a streamlined process from getting your next
scrumptious meal to paying rent on smartphones. The unparalleled convenience
gives room for innovative ideas in everyday life.�

Ms. Bella Chhoa (left), Director -- Leasing & Management of Hang Lung Properties, Ms. Helena Chen (right), Managing Director, Hong Kong and Macau, Mastercard, and Mr. Lawrence Lau, Founder and Chief Executive Officer of KeyChain Pay announced the collaboration to allow tenants at Kornhill Apartments can settle their rents securely and conveniently with Mastercard through the KeyChain Pay mobile app.

Ms. Bella Chhoa (left), Director -- Leasing & Management of Hang Lung Properties, Ms. Helena Chen (right), Managing Director, Hong Kong and Macau, Mastercard, and Ms. Jan Wong (middle) , Managing Director of OpenRice join forces to provide more promotional offers for customers who participate in "Takeaway Service" campaign, and to allow them to effortlessly select their favorite restaurants and enjoy great food at home through the OpenRice App.

Breakthrough in traditional means of rental payments; Enjoy
cash rebates and exclusive rewards valued over HK$10,000�

Kornhill Apartments, Hang
Lung Properties' largest serviced apartments located in Quarry Bay, has
launched its collaboration with KeyChain Pay, a mobile rental payment platform.
Introducing a brand-new rental experience, the collaboration ensures the living
aspects of its tenants are well taken care of. From now to December 31, tenants
can settle their rents securely and conveniently with Mastercard credit cards through
the KeyChain Pay mobile app. This also means as low as 2% transaction fees and
credit card rewards, on top of a complimentary goodie bag valued over HK$1,000.
(This includes movie voucher from Grand Kornhill MCL Cinema, cash vouchers from
ClubONE, and Sasa Cosmetics, as well as personal training courses offered by
Waterfall Sports and Wellness.)��

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Meanwhile, Hang Lung
Properties has also launched the new "Stay & Earn" exclusive rewards from
now until December 31. New licensees of Kornhill Apartments with a one-year
lease are entitled to 25% off their rents for specified rooms and suites and bring
home an exclusive rewards valued over HK$10,000. (This includes a Nintendo
Switch, HK$3,000 AEON shopping vouchers, a complimentary membership of
Waterfall Sports and Wellness, a 50% discount on monthly parking at Kornhill
Plaza car park and coupons for GOGOX van and truck hailing services.) The
attractive offers await means quality services at tempting prices. Act fast -
as all offers are on a first-come-first-served basis, while stocks last.�

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As Director -- Leasing &
Management of Hang Lung Properties, Bella Chhoa noted, "At Hang Lung
Properties, we keep our fingers on the pulse of what people in Hong Kong need
in their daily lives. This collaboration with KeyChain Pay brings us even
closer to our community's day-to-day routines. What Mastercard offers is a
fuzz-free cashless payment experience for landlords and tenants, which is
efficient, secure, and convenient." She also added that this collaboration
serves as a perfect exemplification of how Mastercard makes use of its leading
edge in electronic payment technology and extensive digital footprint, to mark
a significant leap of Hong Kong's accelerated development as a smart city.��

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"We are beyond proud to be
building a trusted bilateral platform for both landlords and tenants, where
both parties can collect and settle rent payments with credit cards through
KeyChain Pay App, using their smartphones or tablets. Our customers can now
enjoy a pleasant, worry-free, and secure rental experience, on top of any
credit card rewards. I strongly believe that we're setting a new benchmark in
the rental payment ecosystem and new standards of living, all thanks to our AI
technology as well as the secure and swift payment network provided by
Mastercard," Founder and Chief Executive Officer of KeyChain Pay, Lawrence Lau
remarked.��

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"Mastercard
actively introduces various digital payment solutions to help consumers adapt
to the new normal through a digitalized lifestyle. Mastercard also understands
the pressure of handling rent payment via cash or traveling to the bank during
this challenging period. The collaboration between Hang Lung Properties and
KeyChain Pay gives consumers peace of mind when handling their daily life
affairs, and allows them to enjoy a fast, safe and secure payment experience as
well as minimize the risk of virus exposure from cash transactions," Helena
Chen, Managing Director, Hong Kong and Macau, Mastercard.

OpenRice offers instant cash rebates; Double up the offer on
your next takeout�

The outbreak has radically
changed Hong Kong's dining scene, with local patrons often taking second
thoughts on dining in restaurants. What arises is the shift to takeouts
instead. A total of seven Hang Lung Properties' shopping malls, namely, Fashion
Walk, Grand Plaza, Hollywood Plaza, Gala Place, Amoy Plaza, Kornhill Plaza, and
Peak Galleria, are collaborating with OpenRice to present the "Takeaway Service" campaign.
Through the OpenRice App, customers can effortlessly select their favorite
restaurants and enjoy great food curated by celebrated chefs at home. Simply
enter the promotional code during checkout to receive discounts. Enjoy HK$10
discount on any takeaway orders of HK$80 or more, or HK$20 discount on orders
of HK$120 or more. Tuesdays and Thursdays also see extra promotional offers when
paid with Mastercard cards - HK30 off any orders of HK$80 or more, and HK$40
off any orders of HK$120 or more.��

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"Our partnership with
OpenRice allows customers to savor their favorite cuisines efficiently and with
greater convenience, satisfying their cravings for good food, with an even more
holistic approach," Bella added.

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"The Covid-19 outbreak hits
the F&B industry fast and hard. Restaurants in Hong Kong are facing
unprecedented challenges. As a part of the F&B industry, OpenRice puts
corporate responsibility into actions. We aim to launch flexible and strategic
measures with a range of promotional offers. We are here to enhance different
outlets' digital presence, to facilitate their bounceback with more business
opportunities to come, and to combat the situation together with Hong Kong,"
echoed Jan Wong, Managing Director of OpenRice.�

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*
Offer valid while stocks last.

* Hang
Lung Properties reserves the right to amend any of the above promotions without
prior notice.�

*
Terms and conditions apply to the redemptions. For event details, please refer
to the promotional materials at the venues or consult with the concierge.

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Please
call (852) 2137 8101 or e-mail [email protected] to for
leasing enquiries.

About Hang Lung Properties

Hang
Lung Properties Limited (stock code: 00101), a constituent stock of the Hang
Seng Index and Hang Seng Corporate Sustainability Indices in Hong Kong, and the
Dow Jones Sustainability Asia Pacific Index since 2017, is a leading real
estate developer operating in Hong Kong and Mainland China. Boasting a
diversified portfolio of investment properties in Hong Kong, the Company has
progressively branched out into the Mainland since the 1990s, with our
distinctive footprint now fully established in Shanghai, Shenyang, Jinan, Wuxi,
Tianjin, Dalian, Kunming, Wuhan and Hangzhou, with all the Mainland projects
carrying the "66" brand. As Hang Lung's business continues to grow, a highly
admired national commercial property developer.

About Mastercard (NYSE: MA), www.mastercard.com

Mastercard
is a global technology company in the payments industry. Our mission is to
connect and power an inclusive, digital economy that benefits everyone,
everywhere by making transactions safe, simple, smart and accessible. Using
secure data and networks, partnerships and passion, our innovations and
solutions help individuals, financial institutions, governments and businesses
realize their greatest potential. Our decency quotient, or DQ, drives our
culture and everything we do inside and outside of our company. With connections
across more than 210 countries and territories, we are building a sustainable
world that unlocks priceless possibilities for all.

About KeyChain Pay

KeyChain
Pay�is the first-ever, award-winning�Smart Rental
Payment�Platform�in Hong Kong for car park, residential and
commercial units.�Our Artificial Intelligence (AI) performs risk
management, transaction�monitoring and tenant credit rating. Smart
Contract accordingly�collects the rent, disbursement from tenant credit
cards in advance to secure�landlord�recurring rental incomes to boost
both tenant and landlord cash flows.�We are incubated by HKSTP�and
have partnered with�Mastercard and HSBC�for a�more rewarding
payment experience.

About OpenRice

Established
in 1999, OpenRice is currently the most popular food dining guide in Hong Kong.
The database contains the most complete and updated restaurant information,
with credible restaurant reviews written by real locals. As the most
comprehensive F&B platform in Hong Kong, OpenRice is devoted to the research
and development of FoodTech to create a sustainable one-stop shop of solutions
in the eco-system; including Restaurant Management System (RMS), Recruitment,
POS & integrated payment, Table booking & dine-in solutions, Scan to
Order, Vouchers, TakeAway , Analytics, and beyond.