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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.

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

(Stock code: 3983)

REMUNERATION OF DIRECTORS AND SUPERVISORS

References are made to announcements published on 6 February 2015 and 28 May 2015, and a circular (the ''Circular'') published on 13 April 2015 of China BlueChemical Ltd. (the
''Company''): Mr. Wang Hui was appointed as the executive Director; Mr. Li Hui, Mr. Zhou
Dechun and Mr. Zhu Lei were appointed as non-executive Directors; Ms. Lee Kit Ying, Mr. Lee Kwan Hung and Mr. Zhou Hongjun were appointed as independent non-executive Directors and Mr. Wang Mingyang and Mr. Li Xiaoyu were appointed as Supervisors; Ms. Liu Lijie was elected at the employees representative meeting of the Company as the Supervisor Representing the Employees. Unless otherwise stated, capitalized terms used in this announcement shall have the same meanings as defined in the Circular.
Their remunerations are set out as follows:
REMUNERATIONS OF DIRECTORS Executive Director
Mr. Wang Hui will not receive director's emolument during his term as the executive Director (save and except for other allowances) but will only receive remuneration for his position as senior management of the Company. The aggregated amount of the remuneration will be no more than RMB1,500,000 per annum (save and except for the H-Share appreciation rights) during his term of office.
Non-Executive Directors
Mr. Li Hui, Mr. Zhou Dechun and Mr. Zhu Lei will not receive directors' emoluments during their terms of offices as the non-executive Directors (save and except for other allowances) according to their own will.
Independent Non-Executive Directors
Ms. Lee Kit Ying, Mr. Lee Kwan Hung and Mr. Zhou Hongjun will receive their directors' emolument in the amount of RMB240,000 per annum, RMB240,000 per annum and RMB120,000 per annum, respectively, which are determined by the Board with reference to the prevailing industry standards and market condition during their respective term of office as the independent non-executive Directors.
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REMUNERATIONS OF SUPERVISORS
Mr. Wang Mingyang will not receive supervisor's emolument during his term of office as the
Supervisor (save and except for the other allowances) according to his own will.
Mr. Li Xiaoyu will receive supervisor's emolument in the amount of RMB60,000 per annum which is determined by the remuneration committee of the Board with reference to the prevailing industry standards and market condition during his term of office as the Supervisor.
According to her own will, Ms. Liu Lijie will not receive supervisor's emolument during her term as the Supervisor Representing the Employees (save and except for other allowances) but will only receive remuneration for her position as employee of the Company.
By order of the Board
China BlueChemical Ltd.* Quan Changsheng
Company Secretary
Beijing, the PRC
29 May 2015
As at the date of this announcement, the executive Director is Mr. Wang Hui, the non-executive Directors are Mr. Li Hui, Mr. Zhou Dechun and Mr. Zhu Lei and the independent non-executive Directors are Ms. Lee Kit Ying, Mr. Lee Kwan Hung and Mr. Zhou Hongjun.

* For identification purpose only

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