Aluminum of China : TERMINATION OF THE TRANSFER OF NANHAI ALLLY EQUITY INTERESTS

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References are made to the announcements of Aluminum Corporation of China Limited* (the "Company") dated 13 November 2015, 22 December 2015 and 24 December 2015, in relation to the transfer of the 100% equity interests in China Aluminum Nanhai Alloy Co., Ltd.* (中鋁南海合金有限公司) ("Nanhai Alloy").

The Resolution on the Transfer of the Equity Interests in China Aluminum Nanhai Alloy Co., Ltd.* was considered and approved at the 23rd meeting of the fifth session of the board of directors and the 2015 second extraordinary general meeting of the Company. The Company and its subsidiary, China Aluminum International Trading Co., Ltd.* (中鋁國際貿易有限公司), transferred 100% equity interests in Nanhai Alloy held by them by way of public tender on the Shanghai United Assets and Equity Exchange on 13 November 2015. On 22 December 2015, Chinalco Investment Development Co., Ltd.* ( 中鋁投資發展有限公司) (" Chinalco Investment ") successfully won the bid for the equity interests in Nanhai Alloy. On 24 December 2015, all parties entered into an equity transfer agreement on the transfer of the Nanhai Alloy equity interests. The Company has disclosed the progress of the aforementioned transfer of the equity interests in Nanhai Alloy in a timely manner.

Although the aforementioned equity transfer agreement on the transfer of Nanhai Alloy equity interests was executed, it has not been actually performed. In light of the needs of the Company for re-planning of the development of Nanhai Alloy, it was resolved at the 27th meeting of the fifth session of the board of directors of the Company for dissolution of the Nanhai Alloy equity transfer agreement and termination of the Nanhai Alloy equity interests transfer transaction through amicable negotiation with Chinalco Investment.

By order of the Board

Company Secretary

Beijing, the PRC 28 January 2016

As at the date of this announcement, the members of the board of directors comprise Mr. Ge Honglin, Mr. Ao Hong, Mr. Liu Xiangmin 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