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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: 01088)

OVERSEAS REGULATORY ANNOUNCEMENT

This announcement is made pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited.

The "Announcement Regarding the Approval for the Construction of the Project of Golmud Thermal Power Plant in Qinghai" as published in Chinese in the China Securities Journal, the Shanghai Securities News, the Securities Times and the Securities Daily and on the website of the Shanghai Stock Exchange (www.sse.com.cn) on 29 May 2015 is enclosed hereto as overseas regulatory announcement.

By Order of the Board

China Shenhua Energy Company Limited

Huang Qing

Secretary to the Board of Directors

Beijing, 28 May, 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.

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Stock Code: 601088 Stock Short Name: China Shenhua No. of Announcement: Lin 2015-038

China Shenhua Energy Company Limited Announcement Regarding the Approval for the Construction of the Project of Golmud Thermal Power Plant in Qinghai

The board of directors and all directors of China Shenhua Energy Company Limited guarantee that the information set out in this announcement does not contain any false statements, misleading representations or material omissions, and severally and jointly accept responsibility as to the truthfulness, accuracy and completeness of the content herein.

Recently, China Shenhua Energy Company Limited (the "Company") obtained approval from the Development and Reform Commission of Qinghai Province regarding the construction of the project of Golmud 2 x 660 MW Thermal Power
Plant of Qinghai Shenhua Low-carbon Energy Investment Co., Ltd. (青海神華低碳
能源投資有限公司) (the "Project"). The major details of the approval document
(Document No.: Qing Fa Gai Neng Yuan [2015] No. 332) are as follows:
(I) The Project was approved to alleviate the tight electricity supply in the province, enhance the reliability of the power grid in power supply, promote economic and social development and boost employment.
(II) The Project is to be operated by Qinghai Shenhua Low-carbon Energy
Investment Co., Ltd. (青海神華低碳能源投資有限公司), a company owned as to
51.00% by Shenhua Shendong Power Co., Ltd., a wholly-owned subsidiary of the
Company. The location of construction is Golmud City.
(III) The Project is to build 2×660 MW ultra-supercritical coal-fired generating units.
(IV) The Project uses the indirect air cooling system, with an annual usage of approximately 2,726,500m3 of water to be taken from sewage plant grey water. Highly efficient devices for electrostatic dedusting, desulphurization, denitrification and continuous online monitoring of smoke and flue gas will be installed for the Project. After commencing production, the various emission limits of the generating
units shall meet national environmental protection requirements. With enhanced management of energy conservation, energy consumption indicators including coal consumption rates for power generation and power output dispatch should be controlled within the design standards.
(V) The dynamic investment of the Project is approximately RMB5.25 billion, approximately 20% of which will be capital funds, and the remaining funds required will be financed by way of bank borrowings.
By order of the board of directors China Shenhua Energy Company Limited Huang Qing
Secretary to the Board of Directors
28 May 2015

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