CITIC Limited — Capital/Financing Update 2016

Feb 4, 2016

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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OVERSEAS REGULATORY ANNOUNCEMENT

CHINA SECURITIES REGULATORY COMMISSION APPROVAL FOR THE ISSUE OF DOMESTIC CORPORATE BONDS BY CITIC CORPORATION LIMITED

This announcement is made by CITIC Limited (the “ Company ”) pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The board of directors of the Company (the “ Board ”) is pleased to announce that the China Securities Regulatory Commission (“ CSRC ”) has approved the application of CITIC Corporation Limited (the “ Issuer ”), a direct wholly-owned subsidiary of the Company, for the proposed issue of domestic corporate bonds of an amount up to RMB30,000,000,000 (the “ Domestic Corporate Bonds ”).

The Domestic Corporate Bonds will be issued in stages. The Issuer plans to initially issue bonds with an amount up to RMB15,000,000,000 (the “ First Tranche of the Domestic Corporate Bonds ” ) within 12 months from the date on which CSRC approved the issue of the Domestic Corporate Bonds. The coupon rate of the First Tranche of the Domestic Corporate Bonds will be determined based on the book-building result. The remaining tranches of the Domestic Corporate Bonds will be issued within 24 months from the date on which CSRC approved the issue of the Domestic Corporate Bonds.

The Issuer intends to apply the proceeds from the issue of the bonds primarily for the replenishment of general working capital of the Issuer and its subsidiaries.

China Securities Co., Ltd. will act as the lead underwriter for the issue and CITIC Securities Co., Ltd. will act as the joint lead underwriter for the issue.

The Issuer has received “AAA” rating of the Issuer and the First Tranche of the Domestic Corporate Bonds from the credit rating agency, namely China Chengxin Credit Management Co., Ltd..

The Issuer has published “Offering Circular of CITIC Corporation Limited 2016 Corporate Bonds (For Qualified Investors) (Draft for Submission)” on the website of Shanghai Stock Exchange

(www.sse.com.cn). Please refer to the link below for detailed information:

http://222.73.229.224/bridge/information/c/201601/06baa039363a4b7ca482fd49b2eb6a58.pdf.

By order of the Board CITIC Limited Ricky Choy Wing Kay Tang Zhenyi Joint Company Secretaries

Hong Kong, 4 February 2016

As at the date of this announcement, the executive directors of CITIC Limited are Mr Chang Zhenming (Chairman), Mr Wang Jiong, Ms Li Qingping and Mr Pu Jian; the non-executive directors of CITIC Limited are Mr Yu Zhensheng, Mr Yang Jinming, Ms Cao Pu, Mr Liu Zhongyuan, Mr Liu Yeqiao and Mr Yang Xiaoping; and the independent non-executive directors of CITIC Limited are Mr Francis Siu Wai Keung, Dr Xu Jinwu, Mr Anthony Francis Neoh, Ms Lee Boo Jin and Mr Noriharu Fujita.