Bloks Group Limited — Capital/Financing Update 2011

Apr 4, 2011

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 whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement is for information purposes only and does not constitute an invitation or solicitation of an offer to acquire, purchase or subscribe for securities or an invitation to enter into an agreement to do any such things, nor is it calculated to invite any offer to acquire, purchase or subscribe for any securities.

This announcement is not for distribution in the United States. This announcement and the information contained herein is not an offer, or part of an offer, to sell to or subscribe for securities in the United States. Securities may not be offered or sold in the United States unless registered pursuant to the U.S. Securities Act of 1933, as amended, or exempt from such registration requirement. Any public offering of securities to be made in the United States will be made by means of a prospectus that will contain detailed information about our company and management, as well as financial statements. No money, securities or other consideration is being solicited by this announcement or the information contained herein and, if sent in response to this announcement or the information contained herein, will not be accepted.

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China WindPower Group Limited

(Incorporated in Bermuda with limited liability)

(Stock code: 182)

CLOSING OF ISSUANCE OF CNY750,000,000 6.375% GUARANTEED BONDS DUE 2014

Reference is made to the announcements of China WindPower Group Limited (the “ Company ”) dated 22 March 2011 and 29 March 2011 (the “ Announcements ”) in relation to the proposed issuance of CNY denominated guaranteed bonds (the “ Bonds ”). Unless the context requires otherwise, terms used in this announcement shall have the same meaning as those defined in the Announcements.

The board of directors of the Company (the “ Board ”) is pleased to announce the closing of the issuance of the Bonds in an aggregate principal amount of CNY750,000,000 (the “ Offering ”). Listing of the Bonds on the Singapore Exchange Securities Trading Limited is expected to be effective on 5 April 2011.

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Selected Terms of the Bonds

Principal amount: CNY750,000,000 Listing: Singapore Exchange Securities Trading Limited Term: 3 years Rate: Fixed rate of 6.375% per annum, payable semi-annually in arrear on 4 April and 4 October in each year Maturity: 4 April 2014

The proceeds of the Offering will be intended to be used by the Company for general corporate purposes, to fund its working capital and to fund additional wind farm investment and development. The Company may adjust the foregoing plans in response to changing market conditions and circumstances and thus, may reallocate the use of proceeds.

By order of the Board Chan Kam Kwan, Jason Company Secretary

Hong Kong, 4 April 2011

As at the date of this announcement, the Board comprises Mr. Liu Shunxing, Mr. Ko Chun Shun, Johnson, Mr. Wang Xun, Mr. Yang Zhifeng, Ms. Liu Jianhong, Mr. Yu Weizhou, Ms. Ko Wing Yan, Samantha and Mr. Chan Kam Kwan, Jason (who are executive directors), Mr. Tsoi Tong Hoo, Tony (who is non-executive director), and Dr. Zhou Dadi, Dr. Wong Yau Kar, David JP, and Mr. Yap Fat Suan (who are independent non-executive directors).

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