China Energy Development Holdings Limited — Proxy Solicitation & Information Statement 2013

May 24, 2013

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.

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(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 228)

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that the extraordinary general meeting (the ‘‘EGM’’) of China Energy Development Holdings Limited (the ‘‘Company’’) will be held on Tuesday, 25 June 2013 at 3:30 p.m. at the Conference Room, 3/F., Nexxus Building, 77 Des Voeux Road Central, Hong Kong for the purposes to consider and, if thought fit, pass the following resolution (with or without amendments) as ordinary resolution:

ORDINARY RESOLUTION

‘‘THAT

conditional upon The Stock Exchange of Hong Kong Limited granting approval of the listing of and permission to deal in the shares falling to be allotted and issued pursuant to the exercise of any options to be granted under the Share Option Scheme referred to in the circular dispatched to the Shareholders on the same day as this Notice, the terms of which are set out in the printed document market ‘‘A’’ now produced to the Meeting and for the purpose if identification signed by the Chairman hereof (the ‘‘Share Option Scheme’’), the Share Option Scheme be approved and adopted to be the Share Option Scheme for the Company and that the Directors of the Company be authorised to grant options thereunder and to allot and issue shares pursuant to the exercise of options to be granted under the Share Option Scheme and take all such steps as may be necessary or desirable to implement such Share Option Scheme.’’

By order of the Board

China Energy Development Holdings Limited Zhao Guoqiang Chief Executive Officer and Executive Director

Hong Kong, 27 May 2013

• For identification purposes only

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Notes:

1. A member entitled to attend and vote at the EGM is entitled to appoint one or more proxies to attend and, in the event of a poll, vote instead of him. A proxy need not be a member of the Company.

2. To be valid, a form of proxy, together with the power of attorney or other authority (if any) under which it is signed (or a notarially certified copy thereof) must be deposited at the Company’s branch share registrar in Hong Kong, Tricor Tengis Limited at 26/F, Tesbury Centre, 28 Queen’s Road East, Wanchai, Hong Kong not less than 48 hours before the time fixed for the holding of the EGM or any adjournment thereof.

3. Completion and return of the form of proxy will not preclude a member from attending and voting in person at the EGM and in such event, the form of proxy shall be deemed to be revoked.

As at the date of this notice, the Board comprises (i) five Executive Directors, namely Mr. Zhao Guoqiang, Mr. Chui Kwong Kau, Mr. Huang Changbi, Mr. Liu Baohe and Mr. Zhang Zhenming; and (ii) three Independent Non-executive Directors, namely Mr. Fu Wing Kwok, Ewing, Mr. Sun Xiaoli and Mr. Wang Yongguang.

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