CITIC Limited — Annual Report 2009

Mar 9, 2010

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 Hong Kong with limited liability) (Stock Code: 267)

DAYE SPECIAL STEEL CO., LTD. A SUBSIDIARY OF CITIC PACIFIC LIMITED ANNOUNCEMENT OF AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2009

This Announcement is made by CITIC Pacific Limited (“CITIC Pacific”) pursuant to the requirements of Rule 13.09 of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited to provide shareholders of CITIC Pacific and the public with the audited financial results of Daye Special Steel Co., Ltd. (“Daye”), for the year ended 31 December 2009.

SUMMARY

Daye, a subsidiary of CITIC Pacific, is a company incorporated in the People’s Republic of China (“PRC”) whose shares are listed on the Shenzhen Stock Exchange. CITIC Pacific has a 58.13% attributable interest in Daye. On 5 March 2010, the board of directors of Daye has approved the audited financial statements and auditors’ report for the year ended 31 December 2009. Daye’s audited financial results will be posted on the Shenzhen Stock Exchange’s website on 9 March 2010.

Daye, a subsidiary of CITIC Pacific, is a company incorporated in the PRC whose shares are listed on the Shenzhen Stock Exchange. CITIC Pacific has a 58.13% attributable interest in Daye. On 5 March 2010, the board of directors of Daye has approved the audited financial statements and auditors’ report for the year ended 31 December 2009. Daye’s audited financial results will be posted on the Shenzhen Stock Exchange’s website on 9 March 2010. The audited financial statements have been prepared in conformity with “Accounting Standards for Business Enterprises” of the PRC. The Profit and Loss Account for the year ended 31 December 2009 and the Balance Sheet as at 31 December 2009 of Daye are provided below : -

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DAYE SPECIAL STEEL CO., LTD.

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2009 – AUDITED

1. Operating IncomeLess: Operating costsOperating taxes and surchargesSelling expensesGeneral and administrative expensesFinancial expensesImpairment loss of assets2. Operating ProfitAdd: Non-operating incomeLess: Non-operating expenses(including: loss on disposal ofnon-current assets)3. Profit before TaxLess: Income tax4. Net Profit5. Earnings per share Earnings per share - basic Earnings per share - diluted6. Other comprehensive income7. Total comprehensive income	2009RMB5,561,184,6805,038,274,316944,03427,004,96597,115,35912,236,1687,066,648378,543,1907,983,4096,090,7295,363,152380,435,87047,644,912332,790,9580.7410.741-332,790,958	2008RMB7,501,771,0467,165,593,6682,008,94268,489,00863,449,39329,465,02459,222,968113,542,04366,907,7271,528,1571,043,782178,921,613(21,959,223)
		200,880,836
		0.4470.447-200,880,836

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BALANCE SHEET AS AT 31 DECEMBER 2009 – AUDITED

ASSETSCurrent AssetsNon-current Assets Total AssetsLIABILITIES AND SHAREHOLDERS’ EQUITYCurrent LiabilitiesNon-current Liabilities Total LiabilitiesShareholders’ EquityShare CapitalCapital ReserveSurplus ReserveRetained ProfitTotal Shareholders’ EquityTotal Liabilities and Shareholders’ Equity	31 December2009RMB1,865,385,8501,918,119,280 3,783,505,1301,699,347,42139,649,6431,738,997,064-----------------449,408,480485,653,274169,926,099939,520,2132,044,508,066_ _________3,783,505,130	31 December2008RMB1,492,277,5051,906,074,931
		3,398,352,436
		1,357,400,048284,294,4321,641,694,480-----------------449,408,480485,653,274136,647,003684,949,1991,756,657,956__ _________
		3,398,352,436

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GENERAL

Shareholders should note that the above audited financial results pertain only to Daye and not to CITIC Pacific itself.

Daye’s 2009 Annual Report, 2009 Summary Financial Report and other relevant information can be found on the Shenzhen Stock Exchange’s website (http://www.szse.cn).

By order of the Board CITIC Pacific Limited Ricky Choy Wing Kay Company Secretary

Hong Kong, 8 March 2010

As at the date hereof, the executive directors of CITIC Pacific are Messrs Chang Zhenming (Chairman), Zhang Jijing, Peter Lee Chung Hing, Carl Yung Ming Jie, Vernon Francis Moore, Li Shilin, Liu Jifu, Milton Law Ming To, Wang Ande and Kwok Man Leung; the non-executive directors of CITIC Pacific are Messrs Willie Chang, André Desmarais, Ju Weimin, Yin Ke and Peter Kruyt (alternate director to Mr André Desmarais); and the independent non-executive directors of CITIC Pacific are Messrs Alexander Reid Hamilton, Hansen Loh Chung Hon and Norman Ho Hau Chong.

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