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


FINANCE LEASE CONTRACT

On 10 April 2013, Lixianjinag Hydropower Company, a subsidiary of the Company, 
entered into the Finance Lease Contract with Datang Lease Company, pursuant to 
which Lixianjiang Hydropower Company shall conduct a financial leasing 
arrangement in relation to a sale-leaseback of the Lease Assets with a principal 
amount not exceeding RMB600 million with Datang Lease Company. The lease term 
for the Lease Assets is 120 months.

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. Datang Lease Company is a subsidiary of 
CDC. Accordingly, Datang Lease Company is a connected person of the Company. 
The Finance Lease Contract and the transaction 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 Finance Lease 
Contract is more than 0.1% but less than 5%, the transaction contemplated 
under the Finance Lease Contract is only subject to the reporting and 
announcement requirements and does not require the approval by the independent 
shareholders of the Company under Chapter 14A of the Listing Rules. 


FINANCE LEASE CONTRACT

Date:
  10 April 2013

Parties: 

  Lessor: Datang Lease Company
  Lessee: Lixianjiang Hydropower Company

Subject matter: 

  Pursuant to the Finance Lease Contract, Lixianjiang Hydropower Company shall 
  transfer the Lease Assets to Datang Lease Company at the consideration of 
  RMB600 million. Such consideration is payable by Datang Lease Company to 
  Lixianjiang Hydropower Company within 5 working days from the effective 
  date of the Finance Lease Contract.

  As the finance lease arrangement under the Finance Lease Contract is sale 
  and lease-back, the parties shall not conduct any delivery procedure of 
  the Lease Assets. Once the consideration for the Lease Assets is paid by 
  Datang Lease Company, Lixianjiang Hydropower Company shall be deemed to 
  accept and check the Lease Assets.

Lease term: 

  The lease term for the Lease Assets is 120 months from the commencement 
  date of the lease, i.e., the date which the consideration for the Lease 
  Assets is paid by Datang Lease Company to Lixianjiang Hydropower Company.   

Lease rent and payment: 

  The lease rent consists of the principal amount and the lease interests, 
  which amounted to the total sum of approximately RMB805.6 million, and is 
  payable by Lixianjiang Hydropower Company on a quarterly basis by 40 
  installments.

  The principal amount and the consideration of the Lease Assets is RMB600 
  million and is arrived at after arm's length negotiation between the parties
  taking into account the original invoice value of the Lease Assets, i.e., 
  RMB602.9081 million. 

  The lease interest shall be 7% below the benchmark interest rate for RMB
  term loan of more than 5 years as announced by the People's Bank of China. 
  Such interest rate shall be adjusted once every three months from the 
  commencement date of the lease. Throughout the term of the Finance Lease 
  Contract, if the People's Bank of China adjusts the benchmark interest 
  rate for RMB term loan of more than 5 years, the lease interest rate shall 
  be adjusted in the same proportion and direction.

  As at the date of this announcement, the prevailing benchmark interest 
  rate for RMB term loan of more than 5 years is 6.55% per annum. According 
  to this basis, the total lease interest for the lease term shall be 
  approximately RMB205.6 million.

  The lease interest is arrived at after arm's length negotiation between 
  the both parties taking into account the prevailing benchmark interest rate
  for similar loans as announced by the People's Bank of China. 

Ownership and purchase option

  Throughout the lease term, the ownership of the Lease Assets shall vest 
  in Datang Lease Company and Lixianjiang Hydropower Company shall have the 
  use right of the Lease Assets.
  
  After the fulfillment of all the obligations under the Finance Lease 
  Contract by Lixianjiang Hydropower Company and upon the expiry of the lease 
  term under the Finance Lease Contract, Lixianjiang Hydropower Company shall,
  within 10 working days, pay Datang Lease Company a nominal price of RMB1.00
  for the purchase of the Lease Assets. Upon receipt of the nominal price 
  paid by Lixianjiang Hydropower Company, Datang Lease Company shall 
  transfer the ownership of the Lease Assets to Lixianjiang Hydropower 
  Company or a third party as designated by Lixianjiang Hydropower Company, 
  and issue an invoice showing the nominal value and a letter of the transfer
  of ownership of the Lease Assets.

Effective Date

  The Finance Lease Contract shall become effective when it and its annex 
  are signed by the legal representatives or the authorized representatives 
  of both parties and affixed with their respective company seal. 


REASONS FOR AND BENEFITS OF ENTERING INTO THE FINANCE LEASE CONTRACT

The financial leasing arrangements under the Finance Lease Contract will help 
Lixianjiang Hydropower Co. to broaden its financing channels and raise low-cost 
funds under the current situations where the size of bank loans is still 
tightened up and the interest rates of bank financing stays high, and will 
facilitate the smooth construction and operation of the Company's hydropower 
project.

The Directors (including the independent non-executive Directors) are of the 
view that the transaction under the Finance Lease Contract is fair and 
reasonable and conducted on normal commercial terms and in the ordinary 
course of business of the Company and is in the interests of the shareholders 
of the Company as a whole.


INFORMATION OF THE PARTIES

1. The Company was established at December 1994 and 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 was established on 9 March 2003 with registered capital of RMB15,394 
million and 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.

3. Datang Lease Company is a subsidiary of CDC with registered capital of 
RMB1,000 million, which legal representative is Su Baoqing and registered 
address is No.601, Luoyang Road, Dongjiang Bonded Port, Binhai New Area, 
Tianjin. It is 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.

4. Lixianjiang Hydropower Company was established on 8 November 2002 with 
registered capital of RMB826.68 million and is principally engaged in the 
construction and operation of hydropower power project in Lixianjiang basin. 
The equity structure of Lixianjiang Hydropower Company is as follows: 
70% of the equity interest of Lixianjiang Hydropower Company is held 
by Yunnan Datang International Power Company Ltd., a wholly-owned subsidiary 
of the Company; 20% of the equity interest of Lixianjiang Hydropower Company 
is held by Beijing State Power Anrong Power. Investment Company Limited��
5% of the equity interest of Lixianjiang Hydropower Company is held by 
Pu'er State-owned Asset Management Co. Ltd��and 5% of the equity interest 
of Lixianjiang Hydropower Company is held by Honghe Autonomous Prefecture 
Development Investment Co., Ltd.


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. Datang Lease Company is a 
subsidiary of CDC. Accordingly, Datang Lease Company is a connected person 
of the Company. The Finance Lease Contract and the transaction 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 Finance 
Lease Contract is more than 0.1% but less than 5%, the transaction 
contemplated under the Finance Lease Contract is only subject to the 
reporting and announcement requirements and does not require the approval 
by the independent shareholders of the Company under Chapter 14A of the 
Listing Rules. 


BOARD'S APPROVAL

None of the Directors has material interest in the transaction. Those 
connected Directors, including Liu Shunda, Hu Shengmu and Fang Qinghai, 
who are, or have been, principal management staff of CDC, have abstained 
from voting at the Board meeting for the approval of the relevant 
transaction in accordance with the requirements of the listing rules 
of the Shanghai Stock Exchange.


DEFINITIONS

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


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

"Lixianjiang Hydropower                  Yunnan Datang International 
Company"                                 Lixianjiang Hydropower Development 
                                         Company Limited. For more information, 
                                         please refer to the section headed 
                                         "INFORMATION OF THE 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. For more information, please 
                                         refer to the section headed "INFORMATION 
                                         OF THE PARTIES"

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

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

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

"Datang Lease Company"                   Datang Finance Lease Company. For more 
                                         information, please refer to the section 
                                         headed "INFORMATION OF THE RELEVANT 
                                         PARTIES"

"Finance Lease Contract"                 the finance lease contract dated 10
                                         April 2013 entered into between 
                                         Lixianjiang Hydropower Company and
                                         Datang Lease Company

"Lease Assets"                           the Gelantan water retaining power 
                                         generation system

"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

"Stock Exchange"                         The Stock Exchange of Hong Kong Limited

"%"                                      per cent


                                                      By Order of the Board
                                                            Zhou Gang
                                                     Secretary to the Board

Beijing, the PRC, 10 April 2013

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