Aluminum of China : ANNOUNCEMENT ON FURTHER SUSPENSION OF TRADING OF S…

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.

This overseas regulatory announcement is made pursuant to Rules 13.10B and 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong).

The following sets out the information published by Aluminum Corporation of China Limited* (the "Company") on the website of the Shanghai Stock Exchange. The trading in the A shares of the Company has been suspended with effect from 12 September 2017 and will be further suspended with effect from 10 October 2017, while the trading in the H shares of the Company will remain as usual.

By order of the Board

Company Secretary

Beijing, the PRC 9 October 2017

As at the date of this announcement, the members of the Board comprise Mr. Yu Dehui, Mr. Ao Hong, Mr. Lu Dongliang and Mr. Jiang Yinggang (Executive Directors); Mr. Liu Caiming and Mr. Wang Jun (Non-executive Directors); Ms. Chen Lijie, Mr. Hu Shihai and Mr. Lie-A-Cheong Tai Chong, David (Independent Non-executive Directors).

* For identification purposes only

Stock Code: 601600 Stock Short Name: Chalco Announcement no.: Lin 2017-055

As Aluminum Corporation of China Limited* (the "Company") is planning a material event, upon application to the Shanghai Stock Exchange, the trading of shares of the Company (stock code: 601600, stock short name: Chalco) has been suspended with effect from 12 September 2017. In addition, on 26 September 2017, the Company has entered into the suspension of trading procedures in relation to the material assets restructuring due to the acquisition of assets by issuance of shares. For details, please refer to the Announcement on Suspension of Trading of Shares in relation to Material Event of Aluminum Corporation of China Limited* (Announcement no.: Lin 2017-

048) dated 12 September 2017, the Announcement on Further Suspension of Trading of Shares in relation to Material Event of Aluminum Corporation of China Limited* (Announcement no.: Lin 2017-049) dated 19 September 2017 and the Announcement on Suspension of Trading of Shares in relation to Material Asset Restructuring of Aluminum Corporation of China Limited* (Announcement no.: Lin 2017-050) dated 26 September 2017 disclosed by the Company on the website of the Shanghai Stock Exchange (www.sse.com.cn) and in the Securities Times.

Latest information on performance of procedures for the material assets restructuring is as follows:

1. THE RESTRUCTURING FRAMEWORK
2. Major counterparties

   Upon the communication with relevant parties, all potential counterparties in respect of the acquisition of assets by issuance of shares are third parties. The final counterparties are yet to be determined.

3. Modes of transaction

   This transaction was preliminarily proposed to be acquisition of assets by issuance of shares, and the specific transaction mode may be adjusted according to the progress of the transaction, which is yet to be determined.

4. Information on the target assets

   The target assets were preliminarily proposed to be certain equity interests in the enterprises under the Company, particulars of which may be subject to adjustment according to the progress of the transaction and have not been finalized.

5. PROGRESS OF WORK

   As of the date of this announcement, the formulation of a concrete plan for the acquisition of assets by issuance of shares is underway amid on-going discussions and studies among the relevant parties with respect to the matters relating to the restructuring. The Company will assist the relevant departments and the intermediary agencies in finalizing relevant plans and performing due diligence, audit, valuation and other tasks.

6. APPLICATION FOR CONTINUATION OF THE SUSPENSION OF TRADING OF SHARES

   The Company is communicating with the relevant parties and regulatory authorities in respect of this transaction and the works relating to the transactions such as due diligence, auditing and valuation are in progress. As this transaction involves a wide range of matters, large-scale assets and complicated procedures, it is expected that the trading of shares of the Company will not be resumed in a short time. Therefore, pursuant to the Business Guide for Suspension and Resumption of Trading for Planning of Material Matters of Listed Companies of

   the Shanghai Stock Exchange 《(

   上海證券交易所上市公司籌劃重大事項停復牌

   業務指引 》) and upon prudent evaluation, the Company proposes to apply to the Shanghai Stock Exchange for further suspension of trading of shares for a period of not more than 5 months from 12 September 2017.

   At the 15th meeting of the 6th session of the board of directors of the Company held on 9 October 2017, the Resolution in relation to Proposed Application for

   Further Suspension of Trading of Shares of the Company 《(

   關於公司擬申請股票

   繼續停牌的議案 》) was considered and approved (for more details, please refer to the Announcement of Resolutions of the 15th Meeting of the 6th Session of the

   Board of Directors of Aluminum Corporation of China Limited* 《(

   中國鋁業股

   份有限公司第六屆董事會第十五次會議決議公告 》) disclosed on the same date as this announcement), which will be proposed at the 2017 first extraordinary general meeting of the Company to be held on 26 October 2017 for shareholders' consideration.

   During the period of suspension of trading of shares, the Company will proactively promote relevant work for acquisition of assets by issuance of shares and fulfill its obligations of information disclosure in a timely manner in respect of the progress according to the requirements on the material asset restructuring project. Upon completion of the relevant work, the Company will hold a board meeting to consider the plan for acquisition of assets by issuance of shares, make announcements and resume trading of shares in a timely manner.

7. RISK WARNING

In light of the relatively great uncertainty involved in the material asset restructuring and in order to ensure fair disclosure of information and safeguard the interests of the investors, the Company will announce the progress of the matters in a timely manner during the period of suspension of trading of shares.

The website and designated media for information disclosure of the Company are the website of the Shanghai Stock Exchange (www.sse.com.cn) and the Securities Times. The relevant information on the Company shall be subject to the announcement published by the Company on the aforementioned website and designated media. Investors are advised to pay prompt attention to such announcement and be aware of investment risks.

Announcement is hereby given.

Board of Directors Aluminum Corporation of China Limited*

9 October 2017