CITIC Limited — Capital/Financing Update 2017

Jan 26, 2017

Hong K o ng Exchan g es and Clearing Limited and The S t ock Exchan g e of Hong K ong Limite d take no responsi b ility for the c ontents of th i s announcement, make no representation as to its ac c uracy or co m pleteness and exp r essly disclai m any liabilit y whatsoever for any loss howsoever a rising from o r in reliance upon the whole o r any part of t h e contents o f this announcement.

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VOLUNTARY ANNOUNCEMENT

A CAPITAL INCREASE AGREEMENT AND SHAREHOLDER AGREEMENT ENTERED INTO AMONG BEIJING GUOAN FOOTBALL CLUB CO., LTD., CITIC CORPORATION LIMITED AND SINOBO LAND CO., LTD.

This is a voluntary a nnounceme n t made by C ITIC Limit e d (the “ Company ”).

The bo a rd of directors of the C ompany is p leased to a nnounce th a t on 27 De c ember 201 6 , CITIC Corpor a tion Limite d (“ CITIC Corporation ”), a wholl y -owned su b sidiary of t h e Compan y , Beijing Guoan F ootball Clu b Co., Ltd ( “ Guoan FC ” ) , a wholly - owned subsidiary of CI T IC Corpor a tion, and SINOB O Land Co., Ltd (“ SINOBO Land ”), an indepe n dent third p a rty of the Company, en t ered into a capital increase a g reement; a n d on the s a me day, CI T IC Corpor a tion and SI N OBO Lan d entered into a s h areholder a g reement (t h e “ Agreements ”). Purs u ant to the A greements, the register e d capital of Guo a n FC will b e increase d by RMB1 3 3,333,335, w hich will b e fully su b scribed by S INOBO Land at the conside r ation of R M B3,555,55 5 ,600 (the “ Capital Increase ”). The Capital Inc r ease was approved by Chines e Football Association o n 24 Januar y 2017.

According to the A greements, CITIC Cor p oration an d SINOBO L and hold 36% and 64 % equity interest in Guoan F C , respectiv e ly. The na m e of Guoan FC is chan g ed into Bei j ing SINOB O Guoan Footbal l Club Co., L td.

Guoan F C has retai n ed CITIC CLSA Capita l Markets Li m ited as its f inancial ad v iser in relat i on to the Capital I ncrease.

CITIC Corporation

CITIC Corporation is a limited liability company incorporated in the PRC. It engages in businesses covering financial services, resources and energy, manufacturing, engineering contracting, and real estate.

Guoan FC

Guoan FC’s principle business includes the operation of Beijing Guoan Football Club and the football team under its name, as well as football matches organization and the development, maintenance and operation of peripheral products.

SINOBO Land

SINOBO Land was established in 2008 with the headquarter in Beijing, the PRC. Its business scope covers investment and development of real estate, sales of residential apartments, and property management of self-owned real estate.

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

Hong Kong, 25 January 2017

As at the date of this announcement, the executive directors of the Company are Mr Chang Zhenming (Chairman), Mr Wang Jiong, Ms Li Qingping and Mr Pu Jian; the non-executive directors of the Company are Mr Yang Jinming, Mr Liu Yeqiao, Mr Song Kangle, Ms Yan Shuqin, Mr Liu Zhongyuan and Mr Yang Xiaoping; and the independent non-executive directors of the Company are Mr Francis Siu Wai Keung, Dr Xu Jinwu, Mr Anthony Francis Neoh, Ms Lee Boo Jin, Mr Noriharu Fujita and Mr Paul Chow Man Yiu.