Connected Transaction

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.

             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

Capital Contribution Agreement

On 29 November 2012, the Company entered into the Capital Contribution 
Agreement with CDC Capital Holding Company, Datang Overseas (Hong Kong) 
Company and Datang Renewable Power (Hong Kong) Company. The Company, CDC 
Capital Holding Company, Datang Overseas (Hong Kong) Company and Datang 
Renewable Power (Hong Kong) Company agreed to make capital contributions in 
the sum of RMB200 million, RMB400 million, RMB200 million (to be settled in 
U.S. dollar or Hong Kong dollar) and RMB200 million (to be settled in 
U.S.dollar or Hong Kong dollar), respectively, to set up Finance Leasing 
Company in the proportions of 20%, 40%, 20% and 20%, respectively, for the 
purpose of conducting financial leasing business.
 
Listing Rules Implications

As at the date of this announcement, 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. CDC Capital Holding Company, 
Datang Overseas (Hong Kong) Company and Datang Renewable Power (Hong Kong) 
Company are wholly-owned subsidiary(ies) or subsidiary(ies) of CDC. 
Accordingly, the aforesaid companies are connected persons of the Company. 
The entering into of the Capital Contribution Agreement and the transaction 
contemplated thereunder constitute a connected transaction of the Company. 

As one or more of the applicable percentage ratios (as defined under 
Rule 14.07 of the Listing Rules) in respect of the transaction under the 
Capital Contribution Agreement is more than 0.1% but less than 5%, the 
Capital Contribution Agreement and the transaction contemplated thereunder 
are only subject to the reporting and announcement requirements under 
Chapter 14A of the Listing Rules and does not require the approval by the 
independent Shareholders of the Company.

CAPITAL CONTRIBUTION AGREEMENT

Date

29 November 2012

Parties

The Company, CDC Capital Holding Company, Datang Overseas (Hong Kong) 
Company and Datang Renewable Power (Hong Kong) Company

Major Terms of the Capital Contribution Agreement
  
(1)  The Company, CDC Capital Holding Company, Datang Overseas (Hong Kong) 
     Company and Datang Renewable Power (Hong Kong) Company agreed to make 
     capital contributions to set up Finance Leasing Company. The registered 
     capital of the Finance Leasing Company is RMB1 billion. The Company 
     agreed to make capital contribution in the sum of RMB200 million, which 
     accounts for 20% of the registered capital. CDC Capital Holding Company 
     agreed to make capital contribution in the sum of RMB400 million, which 
     accounts for 40% of the registered capital. Datang Overseas (Hong Kong) 
     Company agreed to make capital contribution in the sum of 
     RMB200 million (to be settled in U.S. dollar or Hong Kong dollar), 
     which accounts for 20% of the registered capital. Datang Renewable 
     Power (Hong Kong) Company agreed to make capital contribution in the 
     sum of RMB200 million (to be settled in U.S. dollar or Hong Kong 
     dollar), which accounts for 20% of the registered capital.

(2)  The parties agreed to make the aforesaid capital contributions within 
     30 days by way of cash after the incorporation of Finance Leasing 
     Company. The Company's contribution to the registered capital of 
     Finance Leasing Company will be funded by internal resources. As at the 
     date of this announcement, Finance Leasing Company is under the process 
     of registration.

(3)  The Finance Leasing Company shall be registered in the Dongjiang Bonded 
     Port, Binhai New Area, Tianjin, and shall be principally engaged in the 
     finance leasing business, leasing business, purchase of leased property 
     in the PRC and from overseas countries, treatment of residual value of 
     and maintenance of leased property, consultation on leasing 
     transactions, and other businesses approved by the examination and 
     approval departments (the scope of such other businesses shall be that 
     as approved by the company register office, subject to the examination 
     and approval by the Tianjin Commission of Commerce).

Effective Date of the Capital Contribution Agreement

The Capital Contribution Agreement will become effective upon signing by the 
relevant authorized representatives of the parties and sealed with their 
respective company chops.

REASONS FOR AND BENEFITS OF ENTERING INTO THE CAPITAL CONTRIBUTION AGREEMENT

The Company considers that by making capital contribution to incorporate 
Finance Leasing Company and conducting financial leasing business through 
Finance Leasing Company, the Company can make effective use of the resources 
of the parties to the agreement, thereby creating a favorable financial 
environment for the development of the Company, and share the revenue to be 
generated from the operation of Finance Leasing Company, thereby increasing 
the level of profitability of the Company.

Directors (including independent non-executive Directors) are of the view 
that the relevant terms of the Capital Contribution 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 its Shareholders as a whole.

Listing Rules Implications

As at the date of this announcement, 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. CDC Capital Holding Company, 
Datang Overseas (Hong Kong) Company and Datang Renewable Power (Hong Kong) 
Company are wholly-owned subsidiary(ies) or subsidiary(ies) of the CDC. 
Accordingly, the aforesaid companies are connected persons of the Company. 
The entering into of the Capital Contribution Agreement and the transaction 
contemplated thereunder constitute a connected transaction of the Company. 

As one or more of the applicable percentage ratios (as defined under 
Rule 14.07 of the Listing Rules) in respect of the transaction under the the 
Capital Contribution Agreement is more than 0.1% but less than 5%, the 
Capital Contribution Agreement and the transaction contemplated thereunder 
are only subject to the reporting and announcement requirements under 
Chapter 14A of the Listing Rules and does not require the approval by the 
independent Shareholders of the Company.

None of the Directors have any material interest in the Capital Contribution 
Agreement. Those connected Directors, including Liu Shunda, Hu Shengmu and 
Fang Qinghai, who are current or former principal management staff of CDC, 
have abstained from voting at the Board meeting for approval of the relevant 
transaction in accordance with the requirements of the Listing Rules of the 
Shanghai Stock Exchange.

INFORMATION OF THE RELEVANT PARTIES  

1.  The Company is principally engaged in the construction and operation of 
    power plants, the sale of electricity and thermal power, the repair and 
    maintenance of power equipment and power related technical services, 
    with its main service areas being in the PRC. 

2.  CDC Capital Holding Company is a wholly-owned subsidiary of CDC. It 
    currently owns a controlling interest in an insurance broker firm and an 
    insurance assessment company, and is preparing for making an equity 
    investment in a fund management company, a trust company and a city 
    commercial bank. 

3.  Datang Overseas (Hong Kong) Company is a wholly-owned subsidiary of 
    China Datang Overseas Investment Co., Ltd., a wholly-owned subsidiary of 
    CDC. Its business scope principally covers overseas power and energy 
    project investment as well as overseas capital market operation.

4.  Datang Renewable Power (Hong Kong) Company is a wholly-owned subsidiary 
    of China Datang Corporation Renewable Power Co., Limited, a subsidiary 
    of CDC. Its business scope principally covers management of investment 
    in resources and equity. 

5.  CDC is the controlling shareholder of the Company. 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.

DEFINITIONS

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

"Board"                  the board of directors
 
"Capital Contribution    the agreement entered into between the Company, CDC
 Agreement"              Capital Holding Company, Datang Overseas (Hong Kong)
                         Company and Datang Renewable Power (Hong Kong) 
                         Company on 29 November 2012 in relation to the 
                         establishment of Finance Leasing Company

"CDC"                    China Datang Corporation, a State-owned enterprise 
                         established under the laws of the PRC and is the 
                         controlling Shareholder of the Company

"CDC Capital Holding     China Datang Corporation Capital Holding Co. 
 Company"                Limited, a wholly-owned subsidiary of the CDC, 
                         details of which are set out in the section 
                         entitled "Information of the Relevant Parties" 

"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

"Datang Overseas         China Datang Overseas (Hong Kong) Co., Limited, 
 (Hong Kong) Company"    details of which are set out in the section 
                         entitled "Information of the Relevant Parties" 

"Datang Renewable Power  Datang Renewable Power (Hong Kong) Co., Limited, 
 (Hong Kong) Company"    details of which are set out in the section 
                         entitled "Information of the Relevant Parties"

"Director(s)"            the director(s) of the Company

"Finance Leasing         Datang Finance Leasing Co., Limited (specific name
 Company"                shall be subject to the name approved by the 
                         registration authority)


"Listing Rules"          the Rules Governing the Listing of Securities on 
                         the Stock Exchange

"PRC"                    the People's Republic of China

"RMB"                    Renminbi, the lawful currency of the PRC

"Shareholder(s)"         the shareholders of the Company 

"Stock Exchange"         The Stock Exchange of Hong Kong Limited

"%"                      percentage


                                                       By Order of the Board
                                                              Zhou Gang
                                                      Secretary to the Board

Beijing, the PRC, 29 November 2012

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, Mi Dabin, Ye Yonghui, Li Gengsheng, Li Yanmeng*, Zhao Zunlian*, 
Li Hengyuan*, Zhao Jie*, Jiang Guohua*

* Independent non-executive Directors