Connected Transaction and Discloseable Transaction

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Hong Kong Limited take no responsibility for the contents of this 
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loss howsoever arising from or in reliance upon the whole or any part 
of the contents of this announcement. 


            DATANG INTERNATIONAL POWER GENERATION CO., LTD.

   (a sino-foreign joint stock limited company incorporated in the 
                      People's Republic of China)

                          (Stock Code: 00991)

                              ANNOUNCEMENT
                         CONNECTED TRANSACTION
                                   &
                        DISCLOSEABLE TRANSACTION
 

ENTRUSTED LOAN FRAMEWORK AGREEMENT 

On 15 October 2013, the third meeting of the eighth session of the 
Board considered and approved the provision of the Entrusted Loan of 
not more than RMB6 billion to Duolun Coal Chemical Company. On 15 
October 2013, the Company and Energy and Chemical Company entered 
into the Entrusted Loan Framework Agreement with Datang Finance 
Company and Duolun Coal Chemical Company in relation to the provision 
of the Entrusted Loan by the Company or Energy and Chemical Company 
to Duolun Coal Chemical Company in the form of revolving loan 
facility through the Entrusted Loan Arrangement, in which Datang 
Finance Company acts as the lending agent. 


LISTING RULES IMPLICATIONS

As one or more of the applicable percentage ratios (as defined in 
Rule 14.07 of the Listing Rules) of the Entrusted Loan under the 
Entrusted Loan Framework Agreement is more than 5% but less than 25%, 
the Entrusted Loan Framework Agreement constitutes a discloseable 
transaction of the Company and is subject to the reporting and 
announcement requirements under Chapter 14 of the Listing Rules.

As at the date of this announcement, CDC together with its 
subsidiaries holds approximately 34.71% of the issued share capital 
of the Company.  Duolun Coal Chemical Company is owned as to 60% and 
40% by Energy and Chemical Company, a wholly-owned subsidiary of the 
Company, and CDC, respectively. Datang Finance Company is a 
subsidiary of CDC.  Both Duolun Coal Chemical Company and Datang 
Finance Company are therefore connected persons of the Company and 
the transaction under the Entrusted Loan Framework Agreement 
constitutes a connected transaction of the Company under Chapter 14A 
of the Listing Rules.  

As one or more of the applicable percentage ratios (as defined in 
Rule 14.07 of the Listing Rules) for the principal amount of the 
Entrusted Loan under the Entrusted Loan Framework Agreement is more 
than 5%, the Entrusted Loan Arrangement and the Entrusted Loan 
Framework Agreement are subject to the requirements of reporting, 
announcement and approval by the independent Shareholders of the 
Company under Chapter 14A of the Listing Rules. 

The Company will disclose the relevant details in the next annual 
report and accounts of the Company in accordance with the relevant 
requirements as set out in Chapter 14A of the Listing Rules. A 
circular containing details of the Entrusted Loan Arrangement and the 
Entrusted Loan Framework Agreement, a letter from the independent 
board committee and a letter from the independent financial advisor, 
both advising the Entrusted Loan Arrangement and the terms of the 
Entrusted Loan Framework Agreement will be despatched to the 
Shareholders on or before 5 November 2013.



ENTRUSTED LOAN FRAMEWORK AGREEMENT 


Date and Subject Matter 

On 15 October 2013, the third meeting of the eighth session of the 
Board considered and approved the provision of the Entrusted Loan of 
not more than RMB6 billion to Duolun Coal Chemical Company. On 15 
October 2013, the Company and Energy and Chemical Company entered 
into the Entrusted Loan Framework Agreement with Datang Finance 
Company and Duolun Coal Chemical Company in relation to the provision 
of the Entrusted Loan by the Company to Duolun Coal Chemical Company 
in the form of revolving loan facility through the Entrusted Loan 
Arrangement, in which Datang Finance Company acts as the lending 
agent. 

Parties 

1.   The Company and Energy and Chemical Company, as the lender; 

2.   Datang Finance Company, as the lending agent; and

3.   Duolun Coal Chemical Company, as the borrower.


MAJOR TERMS OF THE ENTRUSTED LOAN FRAMEWORK AGREEMENT 

1.   Entrusted Loan Arrangement 

     Pursuant to the Entrusted Loan Framework Agreement, Datang 
     Finance Company is entrusted by the Company and Energy and 
     Chemical Company to act as a lending agent to provide the 
     Entrusted Loan to Duolun Coal Chemical Company in the form of 
     revolving loan facility, monitor the use as well as the 
     repayment of the Entrusted Loan by Duolun Coal Chemical Company.
     Separate Entrusted Loan Contracts will be entered into between 
     the parties when each tranche of the Entrusted Loan was
     released, the terms and conditions of such Entrusted Loan 
     Contracts shall be consistent with the principles and terms of 
     the Entrusted Loan Framework Agreement. 

2.   Principal amount of the Entrusted Loan 

     Not exceeding RMB6 billion and in the form of revolving 
     entrusted loan facility.

3.   Term

     The term for the Entrusted Loan Framework Agreement is 36 months
     commencing from 15 October 2013 and ending on 14 October 2016. 

4.   Interest rate 

     At a floating interest rate, being the benchmark interest rate 
     to be charged for the same level of loans in RMB for the same 
     period as announced by the People's Bank of China on the date 
     when each tranche of borrowing is withdrawn and such interest
     rate is to be adjusted annually. The adjustment date is 21st
     December of each year. The adjusted borrowing interest rate will
     be the benchmark interest rate for the same level of loans in
     RMB for the same period announced by the People's Bank of China 
     on the adjustment date. 

     As at the date of this announcement, the prevailing benchmark 
     interest rate for three-year loans in RMB as announced by the 
     People's Bank of China is 6.15% per annum. 

     Such interest rate is arrived at after arm's length negotiation
     between the Company and Duolun Coal Chemical Company in 
     consideration of the overall reduction in capital costs to the
     Group after the accounts of Duolun Coal Chemical Company (being
     the controlled subsidiary of the Company) are consolidated into 
     the accounts of the Company. 

5.   Repayment schedule of the principal of the Entrusted Loan 

     One-off repayment of the principal for each tranche of the 
     Entrusted Loan by Duolun Coal Chemical Company upon maturity of 
     the relevant Entrusted Loan Contracts.

6.   Payment schedule of interests of the Entrusted Loan 

     Interests shall be settled by Duolun Coal Chemical Company on a 
     quarterly basis. The settlement date falls on the twentieth 
     (20th) day of the last month of each quarter.

7.   Handling fees

     The handling fees shall be charged in tranches on the date of
     grant of each tranche of the Entrusted Loan. The rate of the 
     handling fees shall be 0.025% of each tranche of the Entrusted 
     Loan.

8.   Effective date 

     The Entrusted Loan Framework Agreement shall become effective 
     when it is duly signed by the legal representatives or
     authorized agent of both parties and sealed with their 
     respective chops and upon the approval of the internal authority
     of each of the parties (or the internal approval procedures of 
     each of the parties have been implemented), including obtaining 
     the approval of the Entrusted Loan Framework Agreement by the 
     independent Shareholders of the Company at the EGM. 


REASONS FOR AND BENEFITS OF ENTERING INTO THE ENTRUSTED LOAN 
FRAMEWORK AGREEMENT 


In view of the cooperation history between Datang Finance Company and 
the Company and given that the provision of entrusted loan services 
by Datang Finance Company is covered under the Financial Services 
Agreement, Datang Finance Company has better understanding of the 
operations of the Company which will allow more expedient and 
efficient services than those rendered by other PRC commercial banks. 
Further, the handling fees charged by Datang Finance Company will not 
be higher than those charged by other PRC commercial banks. In view of 
the above considerations, the Company appointed Datang Finance Company, 
rather than other PRC commercial banks, as the lending agent. 

Further, considering the capital risks control measures under the 
Financial Services Agreement as set out in the circular of the 
Company dated 16 November 2010 and the financial services agreement 
for the service term commencing from 1 January 2014 and ending on 31 
December 2016 as set out in the major transaction and continuing 
connected transactions announcement of the Company dated 15 October 
2013 and the terms under the Entrusted Loan Framework Agreement are 
normal commercial terms which confer no additional obligations nor 
risks on the Company when comparing with other entrusted loan 
agreements in the market, the Company considers that no additional 
risks will be involved by appointing Datang Finance Company as the 
lending agent under the Entrusted Loan Framework Agreement. 

In order to ensure the day-to-day cash flow of Duolun Coal Chemical 
Company, the Company intends to provide the Entrusted Loan of not 
exceeding RMB6 billion to Duolun Coal Chemical Company. The Company 
is of the view that the Entrusted Loan will be primarily utilized by 
Duolun Coal Chemical Company to replace the due entrusted loan 
between the Company and the Energy and Chemical Company, due 
borrowings from external commercial banks and supplement its 
liquidity, and is thus beneficial for the smooth progress of the 
production and operation activities of Duolun Coal Chemical Company.

Considering the possible higher financial costs for Duolun Coal 
Chemical Company to obtain the current loan from other commercial 
banks when comparing with the financial costs incurred by the Company 
to obtain the funding of the Entrusted Loan, the Company considers 
that the overall capital costs to the Group will be relatively 
reduced after the accounts of Duolun Coal Chemical Company (being the 
subsidiary of the Company) are consolidated into the accounts of the 
Company. The Directors (excluding the independent non-executive 
Directors whose views will be contained in the circular after 
considering the advice from the independent financial advisor) are of 
the view that the terms of the Entrusted Loan Framework Agreement are 
fair and reasonable, have been entered into after arm's length 
negotiation between all parties thereto and determined on normal 
commercial terms and is in the best interests of the Company and its 
Shareholders as a whole.


INFORMATION RELATING TO THE PARTIES OF THE AGREEMENT


1.   Information relating to the Company 

     The Company is principally engaged in the development and 
     operation of power plants, the sale of electricity and thermal 
     power, and the repair, testing and maintenance of power 
     equipment as well as the provision of power-related technical 
     services. The main service areas of the Company are in the PRC. 

2.   Information relating to Energy and Chemical Company

     Energy and Chemical Company is a wholly-owned subsidiary of the
     Company which was duly incorporated on 12 February 2009 with a 
     registered capital of RMB9,189.56 million. Its principal 
     businesses include: energy and chemical technology development,
     technology transfer, technical consulting, technology services; 
     investment management; engineering design; chemical and 
     electrical equipment maintenance, installation, commissioning; 
     import and export, import and export agent, technology import 
     and export.

3.   Information relating to Duolun Coal Chemical Company

     Duolun Coal Chemical Company was duly incorporated on 19 August 
     2009 with a registered capital of RMB4,050 million. Duolun Coal 
     Chemical Company is principally responsible for the construction 
     and operation of the coal-based olefin project with an annual 
     output of 460,000 tonnes. The equity structure of Duolun Coal 
     Chemical Company is as follows: Energy and Chemical Company, a 
     wholly-owned subsidiary of the Company, holds 60% equity 
     interests, and CDC holds 40% equity interests. From December 
     2012 onwards, part of the construction in progress were carried
     forward to fixed assets. 

4.   Information relating to Datang Finance Company

     Datang Finance Company is a non-banking financial institution 
     duly incorporated in the PRC on 10 May 2005. Its registered 
     capital is RMB3 billion. Its principal business includes, among
     others, the provision of deposit services, loan services, 
     entrusted loan services and entrusted investment services.

5.   Information relating to CDC

     CDC was established on 9 March 2003 with registered capital of
     RMB15.394 billion. It is principally engaged in the development, 
     investment, construction, operation and management of power 
     energy, organization of power (thermal) production and sales;
     manufacturing, repair and maintenance of power equipment; power 
     technology development and consultation; power engineering, 
     contracting and consultation of environmental power engineering;
     development of new energy as well as development and production 
     of power related coal resources.


LISTING RULES IMPLICATIONS


As one or more of the applicable percentage ratios (as defined in 
Rule 14.07 of the Listing Rules) of the Entrusted Loan under the 
Entrusted Loan Framework Agreement is more than 5% but less than 25%, 
the Entrusted Loan Framework Agreement constitutes a discloseable 
transaction of the Company and is subject to the reporting and 
announcement requirements under Chapter 14 of the Listing Rules.

As at the date of this announcement, CDC together with its 
subsidiaries holds approximately 34.71% of the issued share capital 
of the Company. Duolun Coal Chemical Company is owned as to 60% and 
40% by Energy and Chemical Company, a wholly-owned subsidiary of the 
Company, and CDC, respectively. Datang Finance Company is a 
subsidiary of CDC which is a controlling Shareholder. Both Duolun 
Coal Chemical Company and Datang Finance Company are therefore 
connected persons of the Company and the transaction under the 
Entrusted Loan Framework Agreement constitutes a connected 
transaction of the Company under Chapter 14A of the Listing Rules. 

As one or more of the applicable percentage ratios (as defined in 
Rule 14.07 of the Listing Rules) for the principal amount of the 
Entrusted Loan under the Entrusted Loan Framework Agreement is more 
than 5%, the Entrusted Loan Framework Agreement and the Entrusted 
Loan Arrangement are subject to the requirements of reporting, 
announcement and approval by the independent Shareholders of the 
Company under Chapter 14A of the Listing Rules. 

The Company will disclose the relevant details in the next annual 
report and accounts of the Company in accordance with the relevant 
requirements as set out in Chapter 14A of the Listing Rules. A 
circular containing details of the Entrusted Loan Arrangement and the 
Entrusted Loan Framework Agreement, a letter from the independent 
board committee and a letter from the independent financial advisor, 
both advising the Entrusted Loan Arrangement and the terms of the 
Entrusted Loan Framework Agreement will be despatched to the 
Shareholders on or before 5 November 2013. 

Any Shareholder with a material interest in the transaction and its 
associates will abstain from voting at the EGM to be held by the 
Company to (including but not limited to) consider and approve the 
Entrusted Loan Framework Agreement. Therefore, CDC and its associates 
shall abstain from voting at the EGMto approve the Entrusted Loan 
Framework Agreement.


INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISOR


An independent board committee comprising the independent 
non-executive Directors will be formed to advise the independent 
Shareholders on the terms of the Entrusted Loan Framework Agreement. 

The Company will appoint an independent financial advisor to advise 
the independent board committee of the Company and the independent 
Shareholders on the terms of the Entrusted Loan Framework Agreement. 


DEFINITIONS 


In this announcement, unless the context otherwise requires, the 
following expressions have the following meanings:



"A Share(s)"              the domestic ordinary share(s) of the 
                          Company with a nominal value of RMB1.00 
                          each and are listed on the Shanghai Stock
                          Exchange 

"Board"                   the board of Directors of the Company 

"CDC"                     China Datang Corporation, a State-owned
                          enterprise established under the laws of 
                          the PRC and is the controlling Shareholder
                          of the Company pursuant to the Listing 
                          Rules which, together with its subsidiaries,
                          own approximately 34.71% of the issued 
                          share capital of the Company as at the date 
                          of this announcement 

"Company"                 Datang International Power Generation Co.,
                          Ltd., a sino-foreign joint stock limited 
                          company incorporated in the PRC on 13 
                          December 1994, whose H Shares are listed on
                          the Hong Kong Stock Exchange and the London
                          Stock Exchange and whose A Shares are 
                          listed on the Shanghai Stock Exchange 

"connected person"        has the meaning ascribed to it under the 
                          Listing Rules

"connected transaction"   has the meaning ascribed to it under the 
                          Listing Rules

"Datang Finance Company"  Datang Corporation Finance Limited Company,
                          a controlling subsidiary of CDC 

"Directors"               the director(s) of the Company 

"Duolun Coal Chemical     Datang Inner Mongolia Duolun Coal Chemical 
 Company"                 Company Limited, which constructs and 
                          operates the Duolun Coal Chemical Project 

"Duolun Coal Chemical     the project located in Duolun County in the
 Project"                 Inner Mongolia Autonomous Region which uses
                          the brown coal from the East Unit 2 coal 
                          mine of Shengli Coal Mine as raw materials
                          for the production of polypropylene 
                          chemical products by employing the 
                          pulverised coal gasification technology,
                          the synthetic gas purification technology,
                          large-scale methanol synthesis technology, 
                          the methanol-to-propylene technology and 
                          the propylene polymerisation technology
  
"EGM"                     the extraordinary general meeting of the 
                          Company to be held for the consideration
                          and approval of, amongst others, the 
                          Entrusted Loan Framework Agreement 
 
"Energy and Chemical      Datang Energy and Chemical Company Limited,
 Company"                 a wholly-owned subsidiary of the Company

"Entrusted Loan"          the revolving entrusted loan of a total
                          principal amount of not more than RMB6 
                          billion 

"Entrusted Loan           the arrangement where Datang Finance 
 Arrangement"             Company is entrusted by the Company to act 
                          as a lending agent to release the Entrusted
                          Loan to Duolun Coal Chemical Company
                          pursuant to the Entrusted Loan Agreement

"Entrusted Loan           the specific entrusted loan contracts
 Contracts"               entered into by the relevant parties when 
                          each tranche of the Entrusted Loan was 
                          released, the major terms of which will be
                          consistent with the terms and principles of
                          the Entrusted Loan Framework Agreement

"Entrusted Loan           the entrusted loan framework agreement 
 Framework Agreement"     entered into on 15 October 2013 between the
                          Company, Energy and Chemical Company, 
                          Datang Finance Company and Duolun Coal 
                          Chemical Company in respect of the 
                          Entrusted Loan Arrangement 

"Financial Services       the financial services agreement entered 
 Agreement"               into between the Company and Datang Finance
                          Company on 26 October 2010, particulars of 
                          which please refer to the Company's 
                          circular dated 16 November 2010

"Group"                   the Company and its subsidiaries 

"H Share(s)"              the overseas listed foreign shares of the 
                          Company with a nominal value of RMB1.00
                          each, which are listed on the Hong Kong 
                          Stock Exchange and the London Stock 
                          Exchange
 
"Hong Kong"               the Hong Kong Special Administrative Region
                          of the PRC

"Listing Rules"           the Rules Governing the Listing of 
                          Securities on the Hong Kong Stock Exchange
 
"PRC"                     the People's Republic of China 

"RMB"                     Renminbi, the lawful currency of the PRC 

"Shares"                  the ordinary shares of the Company with a 
                          nominal value of RMB1.00 each, comprising 
                          domestic Shares and H Shares 

"Shareholder(s)"          the holder(s) of the Share(s) of the
                          Company

"Stock Exchange"          The Stock Exchange of Hong Kong Limited 

"%"                       percent 





                                                By Order of the Board  
                                                      Zhou Gang     
                                               Secretary to the Board 

Beijing, the PRC, 15 October 2013 

As at the date of this announcement, the Directors of the Company are:
Chen Jinhang, Hu Shengmu, Cao Jingshan, Fang Qinghai, Zhou Gang, 
Li Gengsheng, Cao Xin,     Cai Shuwen, Liu Haixia, Guan Tiangang, 
Dong Heyi*, Ye Yansheng*, Li Hengyuan*, Zhao Jie*, Jiang Guohua*
 
* Independent non-executive Directors