CMOC Group Limited — Capital/Financing Update 2016

May 24, 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)

CANCELLATION OF REMAINING REGISTERED BALANCE OF MEDIUM-TERM NOTES

This announcement is made by China Molybdenum Co., Ltd.* (the “ Company ”) pursuant to Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and Rules 13.09(2) and 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”).

References are made to the circular of the Company dated 30 April 2015 and the announcements of the Company dated 21 March 2016, 23 September 2015, 28 June 2015 and 23 March 2015 relating to, among others, the medium-term notes.

BACKGROUND

In accordance with the Notice of Acceptance for Registration (Zhong Shi Xie Zhu [2015] MTN No. 467) (the “ Notice ”) received by the Company from the National Association of Financial Market Institutional Investors (the “ NAFMII ”) on 23 September 2015, NAFMII accepted the registration of the Company’s proposed issuance of the medium-term notes in the principal amount of RMB4 billion (the “ Medium-term Notes ”). The registration would be valid for a period of 2 years from the date of the issuance of the Notice. On 21 March 2016, the Company successfully issued the 2016 first tranche Medium-term Notes in the amount of RMB2 billion, for a term of 5 years.

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C A N C E L L A T I O N O F R E M A I N I N G R E G I S T E R E D B A L A N C E O F MEDIUM-TERM NOTES

Upon further re-assessment, review of the debt structure of the Company and financing methods, and to optimize the effect of debt financing instruments of non-financial enterprises on the Company’s financial positions as a whole, the Company applied for the cancellation of the remaining registered balance of the Medium-term Notes (i.e., RMB2 billion) as stipulated in the Notice. On 24 May 2016, the Company received a notice (Zhong Shi Xie Han [2016] MTN No. 427) from NAFMII approving the reduction of the remaining registered balance (i.e., RMB2 billion) of the Medium-term Notes.

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

Luoyang City, Henan Province, People’s Republic of China, 24 May 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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