Final Dividends for the Year 2014

Datang International Power Generation Co., Ltd.

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)

ANNOUCEMENT
FINAL DIVIDENDS FOR THE YEAR 2014

Reference is made to the notice of the annual general meeting for the year 2014 (the "AGM") dated 7 May 2015 and the announcement of poll results of the AGM dated 25 June 2015 of Datang International Power Generation Co., Ltd. (the "Company").

The proposal for the declaration of a final dividend of RMB0.13 (inclusive of tax) per share for the year ended 31 December 2014 (the "2014 Final Dividends"), amounting to a total amount of approximately RMB1,730,300,000, was approved by the shareholders of the Company at the AGM. As set out in the notice of the AGM, holders of H shares whose names appear on the register of members of the Company on 9 July 2015 are entitled to the distribution of the 2014 Final Dividends.

Pursuant to the articles of association of the Company, the 2014 Final Dividends would be denominated and declared in Renminbi. Final dividends for holders of A shares of the Company will be paid in Renminbi, while the final dividend for holders of H shares of the Company will be paid in Hong Kong dollars. The exchange rate applicable to the calculation of the dividends payable in Hong Kong dollars is the average middle exchange rate of Hong Kong dollar to Renminbi (HK$1.00 to RMB0.78854) during the calendar week prior to the date of the AGM (25 June 2015, Thursday) as announced by The People's Bank of China. Accordingly, the 2014 Final Dividends payable for each H share is HK$0.16486 (inclusive of tax).

TAXATION ON PROPOSED RECEIPT OF THE 2014 FINAL DIVIDENDS

Non-Resident Individual Shareholders

In accordance with the requirement under the Guo Shui Han [2011] No. 348 issued by the State Administration of Taxation of the People's Republic of China, the Company is obligated to withhold and pay individual income tax on behalf of the individual holders of H shares("Individual H Shareholders") ; and individual H Shareholders are entitled to certain preferential tax treatments according to the tax treaty between the PRC and the nation in which the Individual H Shareholder resides and the provisions in respect of the tax arrangements between mainland China and Hong Kong (Macau). The Company shall withhold and pay individual income tax at the rate of 10% on behalf of the Individual H Shareholders (who are Hong Kong residents, Macau residents or residents of those countries having treaties with China on individual income tax rate of 10% on dividends). For Individual H Shareholders who are residents of those countries having treaties with China for less than 10% individual income tax rate on dividends, the Company may make applications on their behalf to seek entitlement of the relevant agreed preferential treatments pursuant to the Notice of the State Administration of Taxation in relation to Printing and Issuing the Administrative Measures on Measures (Tentative) on Preferential Tax Treatment Entitled by Non-residents (Guo Shui Fa [2009] No.124). For Individual H Shareholders who are residents of those countries having treaties with China for individual income tax rate on dividends being higher than 10% but lower than 20%, the Company shall withhold and pay the individual income tax at the actual agreed tax rate under the relevant treaties. For Individual H Shareholders who are residents of those countries which have not entered into any tax treaties with China or have entered into treaties with China for a 20% individual income tax on dividends or under other circumstances, the Company shall withhold and pay the individual income tax at a tax rate of 20%.

Non-Resident Enterprise Shareholders

In accordance with the "Enterprise Income Tax Law of the People's Republic of China" and its implementation regulations which came into effect on 1 January 2008, the Company is obligated to withhold and pay enterprise income tax at the rate of 10% on behalf of the non-resident enterprise shareholders whose names appear on the register of members for H shares of the Company when distributing the 2014 Final Dividends to them. For H shares of the Company registered other than in the name(s) of individual(s), including HKSCC Nominees Limited, other nominees or trustees, or other organizations or groups, shall be deemed to be shares held by non-resident enterprise shareholder(s). On such basis, enterprise income tax shall be withheld from dividends payable to such shareholder(s).

The Company shall comply with the relevant provisions to withhold and pay enterprise income tax on behalf of the relevant shareholders with reference to the register of members of the Company as of the record date.

Profit Appropriation for Investors of Northbound Trading

For investors of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") (including enterprises and individuals) investing in the A shares of the Company listed on the Shanghai Stock Exchange (the "Northbound Trading"), their dividends will be distributed in Renminbi by the Company through the Shanghai Branch of China Securities Depository and Clearing Corporation Limited to the account of the nominee holding such shares. The Company will withhold and pay income taxes at the rate of 10% on behalf of those investors and will report to the tax authorities for such withholding. For investors of Northbound Trading who are tax residents of other countries and whose country of domicile is a country which has entered into a tax treaty with the PRC stipulating a dividend tax rate of lower than 10%, those enterprises or individuals may, or may entrust a withholding agent to, apply to the competent tax authorities of the Company for the entitlement of the rate under such tax treaty. Upon approval by such competent tax authorities, the paid amount in excess of the tax payable based on the tax rate according to such tax treaty will be refunded.

The record date and the date of appropriation of cash dividends and other arrangements for the investors of Northbound Trading will be the same as those for the holders of A shares of the Company.

The Company will make an announcement on matters in relation to the distribution of dividends to holders of A shares of the Company in due course.

Profit Appropriation for Investors of Southbound Trading

For investors of the Shanghai Stock Exchange (including enterprises and individuals) investing in the H Shares of the Company listed on the Hong Kong Stock Exchange (the "Southbound Trading"), the Company has entered into the Agreement on Appropriation of Cash Dividends of H Shares for Southbound Trading with the Shanghai Branch of China Securities Depository and Clearing Corporation Limited, pursuant to which, the Shanghai Branch of China Securities Depository and Clearing Corporation Limited, as the nominee of the holders of H Shares for Southbound Trading, will receive cash dividends distributed by the Company and distribute the cash dividends to the relevant investors of H Shares of Southbound Trading through its depositary and clearing system.

The cash dividends for the investors of H Shares of Southbound Trading will be paid in Renminbi. Pursuant to the Notice on the Tax Policies Related to the Pilot Program of the Shanghai-Hong Kong Stock Connect (Caishui [2014] No. 81) , for dividends received by individual domestic investors from investing in H shares listed on the Hong Kong Stock Exchange through Shanghai-Hong Kong Stock Connect, the companies of such H shares shall withhold and pay individual income tax at the rate of 20% on behalf of the investors. For dividends received by domestic securities investment funds from investing in H shares listed on the Hong Kong Stock Exchange through Shanghai-Hong Kong Stock Connect, the tax payable shall be the same as that for individual investors. The companies of such H shares will not withhold and pay the income tax of dividends for domestic enterprise investors and those domestic enterprise investors shall report and pay the relevant tax themselves.

The Company has appointed Bank of China (Hong Kong) Limited as the receiving agent which will receive the 2014 Final Dividends declared by the Company on behalf of the holders of H shares. The 2014 Final Dividends will be paid by the receiving agent on or before 21 August 2015 and cheques for dividends will be posted by the H share registrar of the Company, Computershare Hong Kong Investor Services Limited, by ordinary post to the holders of H shares who are entitled to receive such cheques for dividends at their own risk.

By Order of the Board
Zhou Gang
Secretary to the Board

Beijing, the PRC, 22 July 2015

As at the date of this announcement, the Directors of the Company are:

Chen Jinhang, Hu Shengmu, Wu Jing, Liang Yongpan, Zhou Gang,                         
Cao Xin, Cai Shuwen, Liu Haixia, Guan Tiangang, Yang Wenchun,                       
Dong Heyi*, Ye Yansheng*, Zhao Jie*, Jiang Guohua*, Feng Genfu*

* Independent non-executive Directors