Hong Kong Exchanges and Clearing Limited

FORM 3B - Director's/Chief Executive's Notice – Interests in Shares of Associated Corporation

Form Serial No:

DB20140130000143

1. Name of listed corporation:

Power Assets Holdings Ltd.

2. Stock code:

00006

3. Name of associated corporation of listed corporation:

HK Electric Investments Limited(and HK Electric Investments)

4. Registered office:

Codan Trust Company (Cayman) Limited, Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands

5. Principal place of business:

44 Kennedy Road, Hong Kong

6. Class of shares in which interested:

Ordinary Shares and Preference Shares (as Share Stapled Units)

7. Number of issued shares in class:

8,836,200,000

8. Business registration number:

62458598-000-11-13-6

9. Certificate of Incorporation No.:

CT-281299

Place of Incorporation:

Cayman Islands

10. Exchange on which listed:

The Stock Exchange of Hong Kong Limited

11. Name of director (English) as printed on HKID/Passport:

(Surname)	Li
(Other names)	Tzar Kuoi, Victor

14. Name of director (Chinese):

李澤鉅

15. Chinese Character Code:

262134196880

18. Date of relevant event:

29/01/2014
(dd/mm/yyyy)

19. Date when director became aware of the relevant event/ interest in the shares (if later):


20. Details of relevant event:
	Relevant event code describing circumstances	Code describing capacity in which shares were/are held		Number of shares bought/sold or involved	Currency of transaction	On Exchange		Off Exchange
	Relevant event code describing circumstances	Before relevant event	After relevant event	Number of shares bought/sold or involved	Currency of transaction	Highest price per share	Average price per share	Average consideration per share	Consideration code
Long position	151		210	4,707,370,218	HKD			5.450	302
Short position	154		210	664,035,000

21. Total shares in associated corporation immediately before the relevant event:

	Total number of shares	Percentage figure (%)
Long Position	0	0.00
Short Position	0	0.00

22. Total shares in associated corporation immediately after the relevant event:

	Total number of shares	Percentage figure (%)
Long Position	4,707,370,218	53.27
Short Position	664,035,000	7.51

23. Capacity in which interests disclosed in Box 22 are held (required for Initial Notification only):

Code describing capacity

Number of shares

210

Long position	4,707,370,218
Short position	664,035,000

24. Further information in respect of derivative interests in associated corporation:

Code describing derivatives

Exercise period

Consideration - if derivatives granted by associated corporation

Number of shares

		Begins	Ends	Price for grant	Exercise price	Price on assignment
Nil

25. Further information in relation to interests of children under 18 and/or spouse:

Name of child/spouse	Number of shares
Nil

26. Further information in relation to interests of corporations controlled by Director:

Name of controlled corporation

Address and place of incorporation

Name of controlling shareholder

% control

Direct interest

Number of shares

Li Ka-Shing Unity Holdings Limited

P.O. Box 309, Ugland House, South Church Street, Grand Cayman, Cayman Islands, British West Indies; Place of Incorporation: Cayman Islands

Li Tzar Kuoi, Victor

66.67

Long position	4,707,370,218
Short position	664,035,000

Li Ka-Shing Unity Trustee Company Limited

P.O. Box 309, Ugland House, South Church Street, Grand Cayman, Cayman Islands, British West Indies; Place of Incorporation: Cayman Islands

Li Ka-Shing Unity Holdings Limited

100.00

Long position	4,707,370,218
Short position	664,035,000

Li Ka-Shing Unity Trustee Corporation Limited

P.O. Box 309, Ugland House, South Church Street, Grand Cayman, Cayman Islands, British West Indies; Place of Incorporation: Cayman Islands

Li Ka-Shing Unity Holdings Limited

100.00

Long position	4,707,370,218
Short position	664,035,000

Li Ka-Shing Unity Trustcorp Limited

P.O. Box 309, Ugland House, South Church Street, Grand Cayman, Cayman Islands, British West Indies; Place of Incorporation: Cayman Islands

Li Ka-Shing Unity Holdings Limited

100.00

Long position	4,707,370,218
Short position	664,035,000

Cheung Kong (Holdings) Limited

7/F., Cheung Kong Center, 2 Queen's Road Central, Hong Kong; Place of Incorporation: Hong Kong

Li Ka-Shing Unity Trustee Company Limited

40.43

Long position	4,707,370,218
Short position	664,035,000

Hutchison Whampoa Limited

22nd Floor, Hutchison House, 10 Harcourt Road, Hong Kong; Place of Incorporation:　Hong Kong

Cheung Kong (Holdings) Limited

49.97

Long position	4,707,370,218
Short position	664,035,000

Hutchison International Limited

22nd Floor, Hutchison House, 10 Harcourt Road, Hong Kong; Place of Incorporation:　Hong Kong

Hutchison Whampoa Limited

100.00

Long position	4,707,370,218
Short position	664,035,000

Hutchison Infrastructure Holdings Limited

P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands; Place of Incorporation: British Virgin Islands

Hutchison International Limited

100.00

Long position	4,707,370,218
Short position	664,035,000

Cheung Kong Infrastructure Holdings Limited

Clarendon House, Church Street, Hamilton HM 11, Bermuda (Bermuda)

Hutchison Infrastructure Holdings Limited

76.39

Long position	4,707,370,218
Short position	664,035,000

Cheung Kong Infrastructure (BVI) Limited

P.O. Box 173, Kingston Chmabers, Road Town, Tortola, British Virgin Islands (British Virgin Islands)

Cheung Kong Infrastructure Holdings Limited

100.00

Long position	4,707,370,218
Short position	664,035,000

Hyford Limited

P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands (British Virgin Islands)

Cheung Kong Infrastructure (BVI) Limited

100.00

Long position	4,707,370,218
Short position	664,035,000

Asian Equities Inc.