Connected Transaction

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                       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


FRAMEWORK ENTRUSTED LOAN AGREEMENT

On 24 October 2011, the Company entered into the Framework Entrusted Loan Agreement with 
Energy and Chemical Company, CCB Diao Yu Tai Branch 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 through the Framework Entrusted Loan 
Arrangement, in which CCB Diao Yu Tai Branch acts as the lending agent. 

CONNECTED TRANSACTION

As at the date of this announcement, Duolun Coal Chemical Company is owned as to 60% and 
40% by Energy and Chemical Company, and CDC, respectively. CDC is the controlling 
Shareholder of the Company, which together with its subsidiaries, hold approximately 34.71% of 
the issued share capital of the Company as at the date of this announcement. Duolun Coal 
Chemical Company is therefore a connected person of the Company and the Framework 
Entrusted Loan 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 Entrusted Loan under the Framework Entrusted Loan Agreement aggregated with 
the entrusted loans provided by the Group to Duolun Coal Chemical Company in the preceding 
12 months is more than 5%, the entrusted loan matters and the Framework Entrusted Loan 
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 Rule14A.45 of the Listing 
Rules. A circular containing details of the entrusted loan matters and the Framework Entrusted 
Loan Agreement, a letter from the independent board committee and a letter from the 
independent financial advisor, both advising the entrusted loan matters and the terms of the 
Framework Entrusted Loan Agreement will be despatched to the Shareholders on or before 2 
November 2011.


FRAMEWORK ENTRUSTED LOAN AGREEMENT

Date and Subject Matter 

On 24 October 2011, the Company entered into the Framework Entrusted Loan Agreement 
with Energy and Chemical Company, CCB Diao Yu Tai Branch 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 through the Framework Entrusted 
Loan Arrangement, in which CCB Diao Yu Tai Branch acts as the lending agent.   

Parties 

(1) the Company;
(2) Energy and Chemical Company; 
(3) CCB Diao Yu Tai Branch;  
(4) Duolun Coal Chemical Company. 


Major terms of the Framework Entrusted Loan Agreement 

Framework Entrusted Loan Arrangement   

Pursuant to the Framework Entrusted Loan Agreement, CCB Diao Yu Tai Branch is designated 
by the Company or Energy and Chemical Company to act as the lending agent to, inter alia, 
release the Entrusted Loan by various tranches to Duolun Coal Chemical Company through the 
Framework Entrusted Loan Arrangement.

The parties agreed that they shall enter into separate entrusted loan agreements in relation to the 
provision of various tranches of the Entrusted Loan through the Framework Entrusted Loan 
Arrangement during the term of the Framework Entrusted Loan Agreement provided that such 
separate entrusted loan agreements shall always be in line with the principles of the Framework 
Entrusted Loan Agreement and the terms and conditions of the Entrusted Loan Agreement.

The Entrusted Loan Agreement in relation to the provision of the first tranche of the Entrusted 
Loan amounting to RMB500 million has been entered into between the Company, CCB Diao 
Yu Tai Branch and Duolun Coal Chemical Company on 12 October 2011.

Principal amount of the Entrusted Loan   

The principal amount of the Entrusted Loan is RMB2 billion. Since the Entrusted Loan 
Agreement in relation to the provision of the first tranche of the Entrusted Loan amounting to 
RMB500 million has been entered into, the remaining balance of the Entrusted Loan amounts 
to RMB1.5 billion.

Term   

The term for the Framework Entrusted Loan Agreement is 36 months commencing from    
12 October 2011 to 11 October 2014.   

Interest rate   

At a floating interest rate, being the benchmark interest rate to be charged for the same level of 
loans in RMB by the People's Bank of China 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 
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.  

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.   

Repayment schedule of the principal of the Entrusted Loan   

One-off repayment of the principal by Duolun Coal Chemical Company upon maturity of the 
relevant entrusted loan agreements.   

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.   

Effective Date   

The Framework Entrusted Loan Agreement shall become effective when it is duly signed by 
the parties and is approved by the internal authorities of the parties (or the internal approval 
procedures of the parties are implemented).

Entrusted Loan Agreement

The Entrusted Loan Agreement in relation to the provision of the first tranche of the Entrusted 
Loan amounting to RMB500 million has been entered into between the Company, CCB Diao 
Yu Tai Branch and Duolun Coal Chemical Company on 12 October 2011, details of the 
Entrusted Loan Agreement were set out in the announcement of the Company dated        
12 October 2011.

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

In order to ensure the smooth progress of the Duolun Coal Chemical Project, the Company and 
Energy and Chemical Company intend to provide the Entrusted Loan amounting to RMB2 
billion (including the first tranche of the Entrusted Loan amounting to RMB500 million) to 
Duolun Coal Chemical Company according to the actual situation of the Duolun Coal 
Chemical Project. The Entrusted Loan is beneficial for the smooth progress of subsequent 
project construction of the Duolun Coal Chemical Project and is to ensure repayment of due 
borrowings by Duolun Coal Chemical Company. It is also considered that the overall capital 
costs to the Group will be reduced after the accounts of Duolun Coal Chemical Company 
(being the controlled 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 Framework Entrusted Loan 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 are in the interests of the Company and the 
Shareholders as a whole.    

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.

INFORMATION RELATING TO DUOLUN COAL CHEMICAL COMPANY

Duolun Coal Chemical Company was duly incorporated on 19 August 2009 with a registered 
capital of RMB4,050.00 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, the Company's wholly-owned subsidiary, holds 60% equity interests, 
and CDC, the controlling Shareholder of the Company, holds 40% equity interests. 

As at 31 December 2010, Duolun Coal Chemical Company's total assets amounted to 
approximately RMB20,722.62 million; total liabilities amounted to approximately 
RMB16,687.76 million; and the asset-to-liability ratio was approximately 80.53% (the 
aforesaid figures were audited). 

As at 30 June 2011, Duolun Coal Chemical Company's total assets amounted to approximately 
RMB21,552.31 million; total liabilities amounted to approximately RMB17,506.20 million; 
and the asset-to-liability ratio was approximately 81.23% (the aforesaid figures have not been 
audited).

CONNECTED TRANSACTION

As at the date of this announcement, Duolun Coal Chemical Company is owned as to 60% and 
40% by Energy and Chemical Company and CDC, respectively. CDC is the controlling 
Shareholder of the Company, which together with its subsidiaries, hold approximately 34.71% 
of the issued share capital of the Company as at the date of this announcement. Duolun Coal 
Chemical Company is therefore a connected person of the Company and the Framework 
Entrusted Loan 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 Entrusted Loan under the Framework Entrusted Loan Agreement aggregated 
with the entrusted loans provided by the Group to Duolun Coal Chemical Company in the 
preceding 12 months is more than 5%, the entrusted loan matters and the Framework Entrusted 
Loan 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 Rule14A.45 of the Listing 
Rules. A circular containing details of the entrusted loan matters and the Framework Entrusted 
Loan Agreement, a letter from the independent board committee and a letter from the 
independent financial advisor, both advising the entrusted loan matters and the terms of the 
Framework Entrusted Loan Agreement will be despatched to the Shareholders on or before 2 
November 2011.

Any Shareholder with a material interest in the transaction and its associates will abstain from 
voting at the extraordinary general meeting to be held by the Company, to, among others, 
consider and approve the Framework Entrusted Loan Agreement. Therefore, CDC and its 
associates shall abstain from voting at the extraordinary general meeting to approve the 
Framework Entrusted Loan 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 Framework Entrusted Loan 
Agreement. Each of the independent non-executive Director does not have any material interest 
in the Framework Entrusted Loan Agreement. 

The Company has appointed Mizuho Securities as the independent financial advisor to advise 
the independent board committee of the Company and the independent Shareholders on the 
terms of the Framework Entrusted Loan 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 

"CCB Diao Yu Tai Branch"   the Diao Yu Tai Branch of China Construction Bank 
                           Corporation, a bank incorporated in the PRC and is 
                           principally engaged in banking, financial and other 
                           finance-related services 

"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 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 

"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 Inner
Project"                   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                  

"Energy and Chemical       Datang Energy and Chemical Company Limited, a
Company"                   wholly-owned subsidiary of the Company, principally
                           engaged in the production and sales businesses for the
                           products including coal-alkene, coal-natural gas and
                           extraction of alumina from pulverized fuel ash
                            
"Entrusted Loan"           the entrusted loan of a principal amount of RMB2 
                           billion  

"Entrusted Loan Agreement" the entrusted loan agreement entered into on 12 October 
                           2011 between the Company, CCB Diao Yu Tai Branch 
                           and Duolun Coal Chemical Company in respect of the 
                           provision of the first tranche of the Entrusted Loan in 
                           the sum of RMB500 million by the Company  , details 
                           of which were set out in the announcement dated 12 
                           October 2011 

"Framework Entrusted Loan  the framework entrusted loan agreement entered into on
Agreement"                 24 October 2011 between the Company, Energy and
                           Chemical Company, CCB Diao Yu Tai Branch and
                           Duolun Coal Chemical Company in respect of the
                           Framework Entrusted Loan Arrangement
                           
"Framework Entrusted Loan  the arrangement where CCB Diao Yu Tai Branch is
Arrangement"               designated by the Company or Energy and Chemical
                           Company to act as the lending agent to, inter alia,
                           release the Entrusted Loan in various tranches to
                           Duolun Coal Chemical Company
                            
"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 
                           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 
                           Stock Exchange

"Mizuho Securities"        Mizuho Securities Asia Limited, the independent  
                           financial adviser to the independent board committee 
                           and the independent Shareholders in respect of the terms 
                           of the Framework Entrusted Loan Agreement, and a 
                           licensed corporation for types 1 (dealing in securities), 2 
                           (dealing in futures contracts), 4 (advising on securities), 
                           5 (advising on futures contracts), 6 (advising on 
                           corporate finance) and 9 (asset management) regulated 
                           activities under the SFO

"PRC"                      the People's Republic of China 

"RMB"                      Renminbi, the lawful currency of the PRC 

"SFO"                      the Securities and Futures Ordinance (Chapter 571 of 
                           the Laws of Hong Kong)

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

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

"Stock Exchange"           The Stock Exchange of Hong Kong Limited 

"%"                        percent 

                                                         By Order of the Board  
                                                              Zhou Gang     
                                                         Secretary to the Board 
Beijing, the PRC, 24 October 2011

As at the date of this announcement, the Directors of the Company are:
Liu Shunda , Hu Shengmu, Cao Jingshan, Fang Qinghai, Zhou Gang, Liu Haixia,        
Guan Tiangang, Su Tiegang, Ye Yonghui, Li Gengsheng, Li Yanmeng*, Zhao Zunlian*,        
Li Hengyuan*, Zhao Jie* and Jiang Guohua*.

*  Independent non-executive Directors