Kinetic Development Group Limited — Earnings Release 2014

Jun 16, 2014

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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KINETIC MINES AND ENERGY LIMITED 力 量 礦 業 能 源 有 限 公 司 (Incorporated in the Cayman Islands with limited liability) (Stock Code: 1277)

POSITIVE PROFIT ALERT

This announcement is made by the Company pursuant to Rule 13.09 of the Listing Rules and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the SFO.

The Board wishes to inform the shareholders of the Company and potential investors that based on a preliminary review of the unaudited consolidated management accounts of the Group, it is expected that the Group would record a consolidated net profit for the five months ended 31 May 2014 as compared to a consolidated net loss for the corresponding period in 2013.

Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.

This announcement is made by Kinetic Mines and Energy Limited (the ‘‘Company’’) and together with its subsidiaries (the ‘‘Group’’) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ‘‘Listing Rules’’) and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the ‘‘SFO’’).

The board of directors of the Company (the ‘‘Board’’) would like to inform the shareholders of the Company and potential investors that the Group is expected to record a consolidated net profit for the five months ended 31 May 2014 as compared to a consolidated net loss for the corresponding period in 2013, which is mainly due to, among others, the significant increase in the Group’s coal production volume, sales volume and turnover. Moreover, based on the internal information of the Group, the Group’s coal production volume and sales volume for the five months ended 31 May 2014 has exceeded the coal production volume and sales volume for the year ended 31 December 2013.

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The information contained in this announcement is based only on the preliminary assessment by the Board upon its review of the unaudited management accounts of the Group for the five months ended 31 May 2014 and other information currently available to the Company which has not been reviewed or audited by the Company’s independent auditor. Shareholders of the Company and potential investors are advised to refer to the details of the Company’s results announcement for the six months ending 30 June 2014 which is expected to be announced by the end of August 2014.

Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board Kinetic Mines and Energy Limited Zhang Li Chairman and Executive Director

Hong Kong, 16 June 2014

As at the date of this announcement, the board of directors of the Company comprises seven directors, of whom three are executive directors, namely Mr. Zhang Li (Chairman), Mr. Gu Jianhua (Chief Executive Officer) and Mr. Zhang Liang, Johnson; one is a non-executive director, namely Ms. Zhang Lin, and three are independent non-executive directors, namely Mr. Shi Xiaoyu, Ms. Liu Peilian and Mr. Dai Feng.

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