3rd Quarter Results

CHINA CDM EXCHANGE CENTRE LIMITED

INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2014

Statement of the Board

China CDM Exchange Centre Limited ("the Company") presents its interim results
for the six months ended 30 June 2014.

Although the global carbon market has maintained its depressed state for the
whole of 2013, there is now some governmental support from China in the CCER
market in 2014.

Based upon the industry pertinence, our board set about developing hydropower
projects in the renewable energy field. We believe there will be some
improvement to our financial position in the second half of 2014.

………………………

Chairman
For and on behalf of the Board of
China CDM Exchange Centre Limited

Date: 26 September 2014

Enquiries:

China CDM Exchange Centre Limited             +86 010                              
                                              87246056end_of_the_skype_highlighting
[e-mail]                                                               
                                                                                   
ISDX Growth Market Advisor:                   020 7251 3762                        
                                                                                   
Alfred Henry Corporate Finance Ltd                                                 
                                                                                   
www.alfredhenry.com                                                                
                                                                                   
Jon Isaacs/Nick Michaels                                                           

The Directors accept responsibility for this announcement.

CHINA CDM EXCHANGE CENTRE LIMITED

                               INCOME STATEMENTS                               

                         1/1/2014-6/30/2014            1/1/2013-12/31/2013      
                                                                                
                         RMB            GBP            RMB             GBP      
                                                                                
     Revenue        6,152,800.00     597,057.80    9,905,920.00    982,330.60   
                                                                                
  Cost of sales    (3,907,275.60)   (379,155.73)  (7,568,051.80)  (750,493.53)  
                                                                                
   Gross profit     2,245,524.40     217,902.07    2,337,868.20    231,837.07   
                                                                                
 Selling expense                                                                
                                                                                
  Administration   (1,073,920.22)   (104,211.49)  (1,912,678.37)  (189,672.69)  
     expenses                                                                   
                                                                                
   Profit from      1,171,604.18     113,690.58     425,189.83      42,164.38   
    operations                                                                  
                                                                                
Foreign exchange      33,800.00       3,279.90     (206,853.13)    (20,512.80)  
gains                                                                           
                                                                                
Profit before       1,205,404.18     116,970.48     218,336.70      21,651.58   
income tax                                                                      
                                                                                

The accompanying notes form an integral part of these financial statements.

Average exchange rate:（2014.1-6）RMB/GBP：10.3052; （2013）RMB/GBP：10.0841;

CHINA CDM EXCHANGE CENTRE LIMITED

                                BALANCE SHEETS                                 

                                     6/30/2014                    12/31/2013         
                                                                                     
                                 RMB            GBP           RMB            GBP     
                                                                                     
    Non-current assets                                                               
                                                                                     
    Property Plant and        76,840.52      7,319.68      78,015.74      7,758.44   
         Equipment                                                                   
                                                                                     
   Long term investment     372,042,500.00 35,440,044.58 372,042,500.00 36,998,538.13
                                                                                     
     Intangible assets                                                               
                                                                                     
 Total non-current assets   372,119,340.52 35,447,364.26 372,120,515.74 37,006,296.57
                                                                                     
      Current Assets                                                                 
                                                                                     
     Trade receivable       60,649,644.02  5,777,367.07  64,402,764.02  6,404,666.46 
                                                                                     
     Other receivables                                                               
                                                                                     
 Cash and cash equivalents  16,259,187.97  1,548,818.61   6,319,467.97   628,452.60  
                                                                                     
 Financial assets at fair                                                            
  value through profit or                                                            
           loss                                                                      
                                                                                     
   Total current assets     76,908,831.99  7,326,185.68  70,722,231.99  7,033,119.06 
                                                                                     
       Total assets         449,028,172.51 42,773,549.94 442,842,747.73 44,039,415.62
                                                                                     
    Current Liabilities                                                              
                                                                                     
      Other payables         4,980,020.60   474,387.07                               
                                                                                     
 Total current liabilities   4,980,020.60   474,387.07                               
                                                                                     
   Capital and Reserves                                                              
                                                                                     
       Share capital        221,999,000.00 15,020,515.41 221,999,000.00 15,020,515.41
                                                                                     
      Capital surplus        1,064,345.56   109,974.13    1,064,345.56   109,974.13  
                                                                                     
 Public product of surplus  49,336,357.17  3,383,675.49  49,336,357.17  3,383,675.49 
                                                                                     
   Undistributed profit     171,648,449.18 15,733,554.48 170,443,045.00 15,530,053.71
                                                                                     
     Foreign currency                      8,051,443.35                 9,995,196.88 
  translation difference                                                             
                                                                                     
Total shareholder's equity  444,048,151.91 42,299,162.86 442,842,747.73 44,039,415.62
                                                                                     
   Total liabilities and    449,028,172.51 42,773,549.94 442,842,747.73 44,039,415.62
   shareholder's equity                                                              

The accompanying notes form an integral part of these financial statements.

Exchange rate:（30 Jun., 2014）RMB/GBP：10.4978; (31 Dec., 2013) RMB/GBP: 10.0556

                       CHINA CDM EXCHANGE CENTRE LIMITED                       

                              CASHFLOW STATEMENTS                              

                                1/1/2014-6/30/2014         1/1/2013-12/31/2013     
                                                                                   
                                 RMB          GBP          RMB            GBP      
                                                                                   
Cashflows from operating                                                           
activities                                                                         
                                                                                   
 Cashflows from operating   9,905,920.00   961,254.51  4,172,565.09   413,776.65　  
        operations:                                                                
                                                                                   
  Net cash generated from                                                          
   operating activities                                                            
                                                                                   
 Cashflows from investing                                                  　       
        activities                                                                 
                                                                                   
Cash payment for investment                                                　       
                                                                                   
     Other investment                                                      　       
                                                                                   
Net cash used in investing                              (7,558.00)     (749.50)　   
        activities                                                                 
                                                                                   
 Cashflows from financing                                                  　       
        activities                                                                 
                                                                                   
 Proceeds from issuance of                                                 　       
      ordinary shares                                                              
                                                                                   
Net cash used in financing                                                 　       
        activities                                                                 
                                                                                   
     Gains on foreign         33,800.00     3,279.90   (206,853.13)   (20,512.80)  
       transactions                                                                
                                                                                   
Net (decrease)/increase in  9,939,720.00   964,534.41  3,958,153.96   392,514.35   
   cash and bank balance                                                           
                                                                                   
 Cash and bank balance at   6,319,467.97   613,230.99  2,361,314.01   234,162.10   
   the beginning of year                                                           
                                                                                   
 Cash and bank balance at   16,259,187.97 1,577,765.40 6,319,467.97   626,676.45   
      the end of year                                                              

The accompanying notes form an integral part of these financial statements.

Average exchange rate:（2014.1-6）RMB/GBP：10.3052; （2013）RMB/GBP：10.0841;

Details of the adjusted earnings per share are set out below:

                                2014.1-6    2013        2012         2011          
                                                                                   
Basic EPS (GBP)                 0.001       0.0002      -0.001       -0.009        
                                                                                   
Earnings attributable to        116,970.48  21,651.58   (135,002.33) (1,044,997.50)
ordinary shareholders (GBP)                                                        
                                                                                   
Weighted average number of      117,000,000 117,000,000 117,000,000  117,000,000   
shares