凤凰卫视控股有限公司.PDFVIP

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 R.14.58(1) whatsoever for any loss howsoever arising from or in reliance upon the whole or any R.13.52 (Note 5) part of the contents of this announcement. PHOENIX SATELLITE TELEVISION HOLDINGS LIMITED 鳳凰衛視控股有限公司 (Incorporated in the Cayman Islands with limited liability) (Stock Code: 02008) CONTINUING CONNECTED TRANSACTION R.13.51A FRAMEWORK AGREEMENT On 4 December 2015, Beijing Tianying, a non wholly-owned subsidiary of the Company, entered into the Framework Agreement with LLT, pursuant to which LLT agreed to place, and Beijing Tianying agreed to launch, internet advertisements provided by LLT from time to time on (i) the websites operated by Beijing Tianying, including and and (ii) the mobile apps operated by Beijing Tianying, including but not limited to ifeng news and , etc. during the Contract Period. As the assets ratio, the revenue ratio and the consideration ratio for the Framework Agreement and the Cooperation Agreement calculated on an aggregate and annual basis exceed 0.1% but are less than 5%, the Framework Agreement and the transactions contemplated thereunder are subject to reporting, announcement and annual review requirements and are exempt from the independent shareholders’ approval requirements under Chapter 14A of the Listing Rules. INTRODUCTION R.14.58(3) Beijing Tianying and LLT had entered into the Cooperation Agreement on 19 September 2014, pursuant to which, among other things, Beijing Tianying agreed to provide advertisement