AMBER ENERGY : Announcements and Notices - Voluntary Announcement Business Update

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Amber Energy Limited

琥 珀 能 源 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 90)

VOLUNTARY ANNOUNCEMENT BUSINESS UPDATE

This is a voluntary announcement made by Amber Energy Limited (the ''Company'', which together with its subsidiaries are collectively referred to as the ''Group'') to keep shareholders and potential investors informed of the information relevant to the Group's business.

The board of directors (the ''Board'') of the Company wishes to inform the shareholders and prospective investors of the Company that the Group has recently received the Notice

Regarding the Decrease in the Price of Natural Gas for Non-residential Use 《(

關於降低非居民

用天然氣價格的通知》) from the Price Bureau of Zhejiang Province. The notice states that

starting from 20 November 2015, the price of natural gas supplied to natural gas power plants under the Company by Zhejiang Province Natural Gas Development Co, Ltd. (浙江省天然氣 開發有限公司), the sole natural gas supplier of the Group, has been adjusted from RMB3.08/m3

to RMB2.41/m3 (inclusive of value added tax).

In addition, the Group has recently received the Notice Regarding the Adjustment on the On-

grid Tariff of Natural Gas Power Generating Units 《(

關於調整天然氣發電機組上網電價的通

知》) from the Price Bureau of Zhejiang Province. The notice states that starting from 20

November 2015, the volume tariff of Blue Sky Power Plant, De-Neng Power Plant and Jing- Xing Power Plant under the Group has been adjusted from RMB0.73/Kwh to RMB0.60/Kwh (inclusive of value added tax); the volume tariff of Anji Power Plant under the Group has been adjusted from RMB0.67/Kwh to RMB0.54/Kwh (inclusive of value added tax).

Please also refer to the announcement issued by the Company on 23 June 2015 in relation to the Dual Tariff Policy. The Dual Tariff Policy is still in force, under which the capacity tariff remains unchanged at its original level.

Shareholders and prospective investors of the Company should exercise caution when dealing in the shares of the Company.

By Order of the Board Amber Energy Limited Chai Wei

President and Chairman

Hong Kong, 18 December 2015

As at the date of this announcement, the Board comprises two executive directors, namely Mr. Chai Wei and Mr. Lai Chun Yu, two non-executive directors, namely Mr. Wei Junyong and Mr. Liu Xuanhua, and three independent non-executive directors, namely Mr. Tse Chi Man, Mr. Yao Xian Guo and Mr. Yu Wayne W.