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: 01088) ANNOUNCEMENT REGARDING THE 2015 BUSINESS TARGETS AND CAPITAL EXPENDITURE PLAN

This announcement is made pursuant to Rule 13.09(2) and 13.10B 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 (Cap. 571 of the Laws of Hong Kong).
The fifth meeting of the third session of the board of directors of China Shenhua Energy Company Limited (the "Company"), with written notice and meeting materials served on February 11, 2015, was held by way of written resolutions on February 16, 2015. The convening of the meeting was in compliance with relevant laws including the Company Law, administrative regulations and departmental rules and the Articles of Association of China Shenhua Energy Company Limited.
The "Resolution on 2015 Principal Business and Financial Indicators" was passed after due consideration by the participating directors.
Voting result: 8 ballots carrying voting rights, 8 assenting votes, 0 dissenting vote, 0 abstained vote. The Company's business targets and capital expenditure plan for 2015 are forward-looking statements
made on the basis of subjective assumptions and judgments on future policies and economic
conditions. These statements are subject to risks, uncertainties and assumptions. The actual results may differ materially from the forward-looking statements. Such statements do not constitute actual commitments to investors. Investors should be aware that undue reliance on or use of such information may lead to risks of investment.

- 1 -

The Company's business targets and capital expenditure plan for 2015 are as follows:

1. BUSINESS TARGETS FOR 2015 No. Indicators Amount Achieved in 2014Note Business Targets for 2015 Change

(%)

1 Commercial coal production

(million tonnes) 306.60 273.60 (10.8)

2 Coal sales (million tonnes) 451.10 404.25 (10.4)
3 Power output dispatch

(billion kWh) 199.44 212.70 6.6

4 Revenue (RMB100 million) 2,483.66 2,100.00 (15.4)
5 Cost of sales (RMB100 million) 1,748.56 1,563.00 (10.6)
6 Selling, general and administrative expense and net finance costs

(RMB100 million) 129.49 150.00 15.8

Note: The data for 2014 are preliminary figures prepared in accordance with the International Financial Reporting Standards and have not been audited or reviewed by auditors. For final figures, please refer to the data to be disclosed in the 2014 Annual Report of the Company.

2. CAPITAL EXPENDITURE PLAN FOR 2015 No. Segments Capital Expenditure Plan for 2015 Percentage

(RMB100 million) (%)

1 Coal Segment 48.3 13.1
2 Power Segment 147.7 40.0
3 Transportation Segment 154.5 41.9
3.1 Of which: Railway 125.7 34.1
3.2 Port 18.9 5.1
3.3 Shipping 9.9 2.7
4 Coal Chemical Segment 11.8 3.2
5 Others 6.7 1.8

Total 369.0 100.0


- 2 -

Investors are reminded that when making investment decisions by making reference to the Company's business targets and capital expenditure plan for 2015, the following factors should be taken into full consideration: (1) the expected overall sufficient supply for coal both in China domestic market and abroad in 2015; (2) regulations on the China domestic coal industry, such as resource tax reform, capacity constraints, quality control on coal, etc.; (3) the possibility of increasing the output of commercial coal and sales targets of coal and making corresponding adjustments to the financial indicators including revenue and costs in response to newly- approved production capacities and the trend in market demand.

By order of the Board

China Shenhua Energy Company Limited Huang Qing

Secretary to the Board

Beijing, 16 February 2015

As at the date of this announcement, the Board comprises the following: Dr. Zhang Yuzhuo, Dr. Ling Wen, Mr. Han Jianguo and Mr. Wang Xiaolin as executive directors, Mr. Chen Hongsheng as non- executive director, and Ms. Fan Hsu Lai Tai, Mr. Gong Huazhang and Mr. Guo Peizhang as independent non-executive directors.

- 3 -

distributed by