CMOC Group Limited — Director's Dealing 2018

May 21, 2018

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(Stock Code: 03993)

VOLUNTARY ANNOUNCEMENT

EXPIRY OF ORIGINALLY PROPOSED DISPOSAL OF SHARES AND NEWLY PROPOSED DISPOSAL OF SHARES BY CERTAIN DIRECTORS, SUPERVISORS AND SENIOR MANAGEMENT

This is a voluntary announcement made by China Molybdenum Co., Ltd. (the “ Company ”).

We refer to the announcement dated 29 October 2017, in relation to, the originally proposed disposal of shares by certain directors, supervisors and senior management (the “ Disposal Announcement ”), pursuant to which, relevant Individuals proposed to dispose of on-market in aggregate not more than 2,550,751 A shares of the Company (the “ A Shares ”) (representing approximately 0.0118% of the total share capital of the Company) (the “ 2017 Proposal ”). Unless otherwise stated, the capitalized terms shall have the same meaning as used in the Disposal Announcement.

As of the date of this announcement, the term of the disposal contemplated under the 2017 Proposal has expired and the relevant Individuals has not disposed any shares of the Company held by them.

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On 21 May 2018, the Board received notifications from Mr. Li Chaochun (chairman and executive director), Mr. Li Faben (executive director and general manager), Mr. Yuan Honglin (non-executive director), Mr. Zhang Zhenhao (supervisor), Ms. Gu Meifeng (chief financial officer) and Mr. Jiang Zhongqiang (vice general manager) that they proposed to dispose of on-market in aggregate not more than 1,457,573 A Shares (representing approximately 0.007% of the total share capital of the Company) (the “ 2018 Proposal ”).

Under the 2018 Proposal, the disposal will be implemented within a six-month period commencing after the fifteenth trading day following the date of this announcement. The 2018 Proposal will be implemented in compliance with the relevant laws and regulations. Details of the 2018 Proposal are set out below:

			Approximate
			percentage of the
	Number of A	Maximum	disposed shares
	Shares held as	number of	of the total share
	at the date of	A Shares to	capital of the
Name	this announcement	be disposed of	Company
Li Chaochun	1,587,692	396,923	0.002%
Li Faben	1,064,400	266,100	0.001%
Yuan Honglin	1,050,600	262,650	0.001%
Zhang Zhenhao	1,063,500	265,875	0.001%
Gu Meifeng	531,600	132,900	0.001%
Jiang Zhongqiang	532,500	133,125	0.001%

In addition, each of the Individuals has undertaken to the Company that (i) during his/ her tenure, the total number of shares to be disposed of in each year will not exceed 25% of his/her holding; and (ii) following the end of his/her tenure, he/she will not dispose of his/her shares within the immediate six-month period.

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

Luoyang City, Henan Province, the PRC, 21 May 2018

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 nonexecutive directors are Messrs. Bai Yanchun, Xu Shan and Cheng Gordon.

• For identification purposes only.

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