IRC Limited — Regulatory Filings 2017

Nov 8, 2017

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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(Incorporated in the Hong Kong with limited liability)

(Stock code: 1029)

K&S – Achieved Record-High Blasting Volume

Wednesday, 8 November 2017: IRC Limited (“IRC” or the “Company”, together with its subsidiaries, the “Group”; Stock Code 1029) is pleased to announce that the mining contractor of K&S has achieved a record-high blasting volume with the mining volume reaching close to full designed capacity, paving the way for the ramping up of the production at K&S.

K&S’ ramping up programme continues to make good progress. In October, the mining fleet at K&S increased the workload to its full capacity and achieved a record-high blasting volume – a total of 1.2 million cubic metres of rock mass was blasted, representing an increase of 51% over the amount of rock blasted in September. The mining works are now fully up to speed to match with the ramping up program of K&S and the mined volume is also getting close to full designed capacity, with about 692,000 tonnes of ore mined in October.

Commenting on the news above, Yury Makarov, Chief Executive Officer of IRC said:

“I am glad to report that the mining contractor has successfully ramped up its mining works. With more stockpiles available ahead of the winter, K&S is well-positioned to ramp up its production and operate in a more efficient manner.”

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Drilling at K&S

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Mining work at K&S

By Order of the Board IRC Limited Yury Makarov Chief Executive Officer

Hong Kong, People’s Republic of China Wednesday, 8 November 2017

As at the date of this announcement, the Executive Directors of the Company are Mr Yury Makarov and Mr Danila Kotlyarov. The Non-Executive Directors are Mr George Jay Hambro, Mr Cai Sui Xin (Mr Benjamin Ng as his alternate), Mr Raymond Kar Tung Woo and Mr Cheng Chi Kin. The Independent Non-Executive Directors are Mr Daniel Bradshaw, Mr Simon Murray, CBE, Chevalier de la Légion d’Honneur, Mr Chuang-Fei Li and Mr Jonathan Martin Smith.

IRC Limited

6H, 9 Queen’s Road Central Hong Kong Tel: +852 2772 0007 Fax: +852 2772 0329 Email: ir@ircgroup.com.hk Website: www.ircgroup.com.hk

For further information please visit www.ircgroup.com.hk or contact:

Shirly Chan

Manager – Communications & Investor Relations Telephone: +852 2772 0007 Mobile: +852 9688 8293 Email: sc@ircgroup.com.hk

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