China Shenhua Energy : PROPOSED APPOINTMENTS OF DIRECTORS AND SUPERVISORS

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

In accordance with the articles of association of the Company, the Company Law and applicable laws and regulations of the People's Republic of China, the Board proposes the appointments of Dr. Ling Wen, Dr. Han Jianguo and Dr. Li Dong as executive directors of the fourth session of the Board of the Company, Mr. Zhao Jibin as a non-executive director of the fourth session of the Board of the Company, and Dr. Tam Wai Chu, Maria, Dr. Jiang Bo and Ms. Zhong Yingjie, Christina as independent non-executive directors of the fourth session of the Board of the Company. The Supervisory Committee proposes the appointments of Mr. Zhai Richeng and Mr. Zhou Dayu as shareholder representative supervisors of the fourth session of the Supervisory Committee of the Company. Mr. Chen Hongsheng, a current non-executive director, and Ms. Fan Hsu Lai Tai, Mr. Gong Huazhang and Mr. Guo Peizhang, current independent non-executive directors, will cease to serve as directors of the fourth session of the Board of the Company.

The proposed appointments of directors and supervisors are subject to the approval of the shareholders of the Company by way of ordinary resolutions at the 2016 annual general meeting of the Company.

A circular containing, among other matters, details of the above proposed appointments and a notice of the 2016 annual general meeting will be despatched to the shareholders of the Company as soon as practicable.

In accordance with the articles of association of China Shenhua Energy Company Limited (the "Company"), the Company Law (the "Company Law") and applicable laws and regulations of the People's Republic of China, the board of directors of the Company (the "Board") proposes the appointments of Dr. Ling Wen, Dr. Han Jianguo and Dr. Li Dong as executive directors of the fourth session of the Board of the Company, Mr. Zhao Jibin as a non-executive director of the fourth session of the Board of the Company, and Dr. Tam Wai Chu, Maria, Dr. Jiang Bo and Ms. Zhong Yingjie, Christina as independent non-executive directors of the fourth session of the Board of the Company. Mr. Chen Hongsheng, a current non-executive director, and Ms. Fan Hsu Lai Tai, Mr. Gong Huazhang and Mr. Guo Peizhang, current independent non- executive directors, will cease to serve as directors of the fourth session of the Board of the Company.

In accordance with the articles of association of the Company, the Company Law and applicable laws and regulations, the supervisory committee of the Company (the "Supervisory Committee") proposes the appointment of Mr. Zhai Richeng and Mr. Zhou Dayu as shareholder representative supervisors of the fourth session of the Supervisory Committee of the Company.

The proposed appointments of directors and supervisors are subject to the approval of the shareholders of the Company by way of ordinary resolutions at the 2016 annual general meeting.

Ling Wen, male, born in February 1963, aged 54, Chinese, a professor and Academician of Chinese Academy of Engineering, Dr. Ling has extensive management experience in financial institutions and enterprises. He received a Ph.D. degree from Harbin Institute of Technology in 1991, and conducted postdoctoral research in Shanghai Jiao Tong University from 1992 to 1994.

Dr. Ling has served as the president of the Company since January 2017, a vice chairman and an executive director of the third session of the Board of the Company since August 2014, director of Shenhua Group Corporation Limited ("Shenhua Group Corporation") since April 2010, and general manager of Shenhua Group Corporation since May 2014.

Dr. Ling served as director and deputy general manager of Shenhua Group Corporation from 2010 to 2014, chairman of the Board of Shenhua Finance Company from 2002 to 2014, president of the Company from 2006 to 2014, executive director of the second session of the Board of the Company from 2010 to 2014, and vice chairman of the second session of the Board of the Company from June to August 2014.

Prior to the foregoing, Dr. Ling had served in various capacities, including executive director of the first session of the Board, executive vice president and chief financial officer of the Company, deputy general manager of the International Business Department of the Industrial and Commercial Bank of China, deputy general manager of Industrial and Commercial Bank of China (Asia) Limited and chairman of UB China Business Management Company Limited.

Save as disclosed above, Dr. Ling has not held any directorship in other listed companies in the past three years.

Save as disclosed above, Dr. Ling has no relationship with any directors, members of the senior management or substantial or controlling shareholders of the Company. As at the date of this announcement, Dr. Ling does not have any interest in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the laws of Hong Kong) (the "Securities and Futures Ordinance").

Upon approval of Dr. Ling's appointment by the shareholders of the Company, Dr. Ling will enter into a service contract with the Company for a term of three years till the expiry of the tenure of the fourth session of the Board of the Company commencing from the date of appointment. Pursuant to the articles of association of the Company, Dr. Ling will be elected and appointed at a general meeting of the Company and may be re-elected at a general meeting of the Company.

Dr. Ling's annual remuneration package will be determined by shareholders at a general meeting pursuant to the articles of association of the Company and with reference to recommendations of the remuneration committee of the Board in accordance with its terms of reference, taking into account, among other matters, his duties and responsibilities.

Save for disclosed above, there is no other information required to be disclosed pursuant to Rule 13.51(2) of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited (the "Hong Kong Listing Rules"), and the Company is not aware of any other matters that need to be brought to the attention of shareholders.

Han Jianguo, male, born in April 1958, aged 59, Chinese, a researcher, Dr. Han has extensive experience in the Chinese coal industry, macroeconomics and corporate management. He received a master's degree from Tongji University in 1999, and a Ph.D. degree in Economics from Wuhan University in 2016.

Dr. Han has served as an executive director of the third session of the Board of the Company since August 2014, deputy general manager of Shenhua Group Corporation since August 2003, chief information officer of Shenhua Group Corporation since March 2009, and director of Shenhua Group Corporation since July 2014.

Dr. Han served as the president of the Company from June 2014 to January 2017, executive director of the second session of the Board and senior vice president of the Company from 2011 to 2014, a non-executive director of the first session and second session of the Board of the Company from 2004 to 2011.

Prior to the foregoing, Dr. Han had served in various capacities, including chairman and general manager of Shenhua Coal Trading Company Limited, and division head of the State Development and Planning Commission.

Save as disclosed above, Dr. Han has not held any directorship in other listed companies in the past three years.

Save as disclosed above, Dr. Han has no relationship with any directors, members of the senior management or substantial or controlling shareholders of the Company. As at the date of this announcement, Dr. Han does not have any interest in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance.

Upon approval of Dr. Han's appointment by the shareholders of the Company, Dr. Han will enter into a service contract with the Company for a term of three years till the expiry of the tenure of the fourth session of the Board of the Company commencing from the date of appointment. Pursuant to the articles of association of the Company, Dr. Han will be elected and appointed at a general meeting of the Company and may be re-elected at a general meeting of the Company.

Dr. Han's annual remuneration package will be determined by shareholders at a general meeting pursuant to the articles of association of the Company and with reference to recommendations of the remuneration committee of the Board in accordance with its terms of reference, taking into account, among other matters, his duties and responsibilities.

Save for disclosed above, there is no other information required to be disclosed pursuant to Rule 13.51(2) of the Hong Kong Listing Rules, and the Company is not aware of any other matters that need to be brought to the attention of shareholders.

Li Dong, male, born in January 1960, aged 57, Chinese, a senior engineer with the qualification as a professor, Dr. Li has extensive experience in the management of coal enterprises in China. He obtained a master's degree in Business and Administration from China Europe International Business School in 2005 and a Ph.D. degree from Liaoning Technical University in 2005.

Dr. Li has served as an executive director of the Company since June 2016, a senior vice president of the Company since May 2011 and vice general manager of Shenhua Group Corporation since August 2006.