COSCO SHIPPING : RESUMPTION OF TRADING IN A SHARES

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.

中 遠 海 運 控 股 股 份 有 限 公 司

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

Reference is made to the announcement of COSCO SHIPPING Holdings Co., Ltd.* (the "Company") dated 16 May 2017 in relation to the suspension of trading in the A shares of the Company (the "A Shares") and the subsequent overseas regulatory announcements of the Company in relation to the progress for the material asset restructuring (the "Material Asset Restructuring") and continuous suspension of trading in the A Shares.

Trading in the A Shares has been suspended since 17 May 2017, and the Company published announcements in relation to the progress for the Material Asset Restructuring every five trading days during the suspension of trading in the A Shares.

Resolutions in relation to the Material Asset Restructuring were considered and approved at the meeting of the board of directors of the Company held on 7 July 2017, including the Resolution on the Proposal for the Acquisition of Oriental

Overseas International by the Company 《(

關於公司要約收購東方海外國際方案的議

案》) and the Resolution on the Material Asset Acquisition Report (Draft) of COSCO

SHIPPING Holdings Co., Ltd. and its Summary 《(

重大資產購買報告書(草案)>及其摘要的議案》).

關於中遠海運控股股份有限公司

On 18 July 2017, the Company received the Letter of Post-Vetting Inquiries on the Information Disclosure in relation to the Material Asset Restructuring (Draft) of COSCO SHIPPING Holdings Co., Ltd. (the "Letter of Inquiries") from the Shanghai Stock Exchange (the "SSE"). The relevant documents, including the Report on

Material Asset Acquisition (Draft), have been revised pursuant to the requirements under the Letter of Inquiries and will be published, together with the replies to the Letter of Inquiries, on the website of the SSE (http://www.sse.com.cn).

The Company has made an application to the SSE to resume trading in the A Shares with effect from 26 July 2017.

The proposal in relation to the Material Asset Restructuring is still subject to the approval of the shareholders of the Company at a general meeting. Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board

Company Secretary

Shanghai, the People's Republic of China 25 July 2017

As at the date of this announcement, the directors of the Company are Mr. WAN Min2 (Chairman), Mr. HUANG Xiaowen1 (Vice Chairman), Mr. XU Zunwu1, Mr. MA Jianhua2, Mr. WANG Haimin1, Mr. ZHANG Wei (張為)1, Mr. FENG Boming2, Mr. ZHANG Wei (張煒)2, Mr. CHEN Dong2, Mr. YANG, Liang Yee Philip3, Mr. WU Dawei3, Mr. ZHOU Zhonghui3, Mr. TEO Siong Seng3 and Mr. KOO, Chee Kong Kenneth3.

1 Executive Director

2 Non-executive Director

3 Independent non-executive Director

* For identification purpose only