CITIC Limited — Capital/Financing Update 2014

Oct 30, 2014

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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ANNOUNCEMENT

IN RELATION TO THE PROPOSED PRIVATE PLACEMENT OF UP TO 2,462,490,897 A SHARES BY CHINA CITIC BANK CORPORATION LIMITED

This announcement is made by CITIC Limited (the “ Company ”) pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the laws of Hong Kong).

The Company notes the following announcement published on 29 October 2014 made by:

China CITIC Bank Corporation Limited (“ CITIC Bank ”) in relation to resolutions passed by the board of directors of CITIC Bank approving the private placement of up to 2,462,490,897 A shares of CITIC Bank to China National Tobacco Corporation. The proposed private placement is subject to, among other things, approval by the shareholders of CITIC Bank, China Banking Regulatory Commission and the China Securities and Regulatory Commission. For detailed information, please refer to the announcement published by CITIC Bank on the website of The Stock Exchange of Hong Kong Limited at the following address: http://www.hkexnews.hk/listedco/listconews/SEHK/2014/1029/LTN20141029976.pdf.

The Company confirms that it currently holds approximately 67.13% of the total number of issued shares of CITIC Bank.

By Order of the Board CITIC Limited Chang Zhenming Chairman

Hong Kong, 30 October 2014

As at the date of this announcement, the executive directors of the Company are Mr Chang Zhenming (Chairman), Mr Wang Jiong, Mr Dou Jianzhong, and Mr Zhang Jijing; the non-executive directors of the Company are Mr Yu Zhensheng, Mr Yang Jinming, Ms Cao Pu and Mr Liu Zhongyuan; and the independent non-executive directors of the Company are Mr Alexander Reid Hamilton, Mr Francis Siu Wai Keung and Dr. Xu Jinwu.