Sinopec Engineering Group Co Ltd. — Capital/Financing Update 2017

Dec 27, 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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中石化煉化工程（集團）股份有限公司 SINOPEC Engineering (Group) Co., Ltd.[*]

(a joint stock limited liability company incorporated in the People’s Republic of China)

(Stock Code: 2386)

VOLUNTARY ANNOUNCEMENT ENTERING INTO OF AN EPC CONTRACT IN RELATION TO PHASE II OF ABADAN REFINERY UPGRADING PROJECT IN IRAN

SINOPEC Engineering (Group) Co., Ltd. (the “ Company ”, together with its subsidiaries, the “ Group ”) is pleased to announce that the Group has recently entered into a contract of engineering, procurement and construction (EPC) with National Iranian Oil Engineering and Construction Company in relation to Phase II of Abadan refinery upgrading project in Iran (the “ Contract ”). The Group will pursue approximately RMB6.858 billion (approximately HK$8.171 billion) of the total contract value (the “ Amount ”). The Amount will be recorded as backlog of the Group.

The board of directors of the Company wishes to emphasise that the contract and the Amount mentioned above do not constitute any forecast or prediction of the profits of the Group. 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 SINOPEC ENGINEERING (GROUP) CO., LTD. SANG Jinghua Vice President, Secretary to the Board

Beijing, the PRC 27 December 2017

As at the date of this announcement, the Company’s executive directors are LU Dong, XIANG Wenwu, SUN Lili (employee representative director) and WU Derong (employee representative director); the non-executive directors are LING Yiqun and LI Guoqing; and the independent non-executive directors are HUI Chiu Chung, Stephen, JIN Yong and YE Zheng.

This announcement is available on the website of Hong Kong Exchanges and Clearing Limited (www.hkex.com.hk) and on the website of the Company (www.segroup.cn).

* For identification purposes only.