CMOC Group Limited — Capital/Financing Update 2016

Aug 22, 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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(Stock Code: 03993)

UPDATE ON THE ACQUISITION OF FREEPORT-MCMORAN INC.’S COPPER AND COBALT BUSINESSES

References are made to the announcements of the China Molybdenum Co., Ltd.* (the “ Company ”) dated 9 May 2016, 15 May 2016, 20 May 2016, 25 May 2016, 8 July 2016, 15 July 2016, 25 July 2016, 29 July 2016 and 8 August 2016 in relation to the acquisition of Freeport-McMoRan Inc.’s copper and cobalt businesses (collectively, the “ Announcements ”). Capitalised terms used in this announcement have the same meanings as those defined in the Announcements, unless otherwise stated herein.

As disclosed in the announcement of the Company dated 15 May 2016, the Closing of the Acquisition is subject to, among other things, antitrust approvals under applicable law, including approvals from South Africa, Turkey and Zambia. On 19 August 2016, the Company received an antitrust approval for the Acquisition from the competition authority of Turkey and such approval was granted unconditionally to the Company.

As disclosed in the announcement of the Company dated 29 July 2016, the circular containing, among others, further details of the Acquisition is expected to be despatched to the Shareholders on or before 31 August 2016. Further information in relation to the Acquisition (including a valuation report to be prepared in accordance with the Listing Rules) will be disclosed in the circular.

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SHAREHOLDERS AND POTENTIAL INVESTORS SHOULD NOTE THAT THE ACQUISITION REMAINS SUBJECT TO VARIOUS CONDITIONS PRECEDENT AND MAY OR MAY NOT BECOME UNCONDITIONAL OR BE COMPLETED. THERE IS THEREFORE NO ASSURANCE THAT THE ACQUISITION WILL PROCEED. SHAREHOLDERS AND POTENTIAL INVESTORS ARE REMINDED TO EXERCISE CAUTION WHEN DEALING IN THE SECURITIES OF THE COMPANY.

By Order of the Board China Molybdenum Co., Ltd. Li Chaochun* Chairman

Luoyang City, Henan Province, People’s Republic of China, 22 August 2016

As at the date of this announcement, the Company’s executive directors are Messrs. Li Chaochun and Li Faben; the Company’s non-executive directors are Messrs. Ma Hui, Yuan Honglin and Cheng Yunlei; and the Company’s independent non-executive directors are Messrs. Bai Yanchun, Xu Shan and Cheng Gordon.

• for identification purposes only

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