China Development Bank Intrntnl Invstmnt : APPOINTMENT OF MEMBER OF REMUNERATION COMMITTEE

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CHINA DEVELOPMENT BANK INTERNATIONAL INVESTMENT LIMITED 國開國際投資有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1062) APPOINTMENT OF MEMBER OF REMUNERATION COMMITTEE

The Board is pleased to announce that Mr WANG Xiangfei has been appointed as a member of Remuneration Committee with effect from 16 March 2017.

APPOINTMENT OF MEMBER OF REMUNERATION COMMITTEE

The board of directors (the "Board" or the "Directors") of China Development Bank International Investment Limited (the "Company") is pleased to announce that Mr WANG Xiangfei, an independent non-executive Director, has been appointed as a member of remuneration committee of the Board (the "Remuneration Committee") with effect from 16 March 2017.

Mr WANG Xiangfei, aged 65, has been appointed as an independent non-executive Director of the Company since 21 March 2012. He is also the chairman of the audit committee and a member of the nomination committee of the Company. Mr WANG is the vice chief financial officer of Sonangol Sinopec International Limited and the financial advisor of China Sonangol International Holding Limited. He is also an executive director of Nan Nan Resources Enterprise Limited (listed on the Stock Exchange of Hong Kong Limited (the "Stock Exchange"), stock code: 1229). Besides, Mr WANG is an independent non-executive director of Tianjin Capital Environmental Protection Group Company Limited (listed on Shanghai Stock Exchange and the Stock Exchange, A shares stock code: 600874; H shares stock code: 1065) ("Tianjin Capital"). He was also an independent non-executive director of Tianjin Capital for the period from April 2002 to April 2008. Mr WANG has worked in senior management teams of a couple of companies engaging in banking and other financial services. Mr WANG is a senior accountant, graduated from Renmin University of China, majoring in finance and received a bachelor degree in economics. Mr WANG had worked in the Faculty of the Finance Department of Renmin University of China. In the last six years, Mr WANG was an external supervisor of Shenzhen Rural Commercial Bank and an independent non-executive director of China CITIC Bank Corporation Limited (listed on Shanghai Stock Exchange and the Stock Exchange, A shares stock code: 601998; H shares stock code: 998), Shandong Chenming Paper Holdings Limited (listed on Shanghai Stock Exchange, Shenzhen Stock Exchange and the Stock Exchange, A shares stock code: 000488; B shares stock code: 200488; H shares stock code: 1812) and SEEC Media Group Limited (listed on the Stock Exchange, stock code: 205) for three years.

Mr WANG has entered into an appointment letter dated 20 March 2015 with the Company for a term of three years commencing on 21 March 2015 until terminated by either party by serving a notice in writing to the other of not less than two months in accordance with the terms of the appointment letter and subject to retirement by rotation, re-election or removal by resolution at the Company's annual general meetings in accordance with the memorandum and articles of the Company. Mr WANG is entitled to a director's fee of HK$100,000 per annum subject to annual review by the Board at each financial year end of the Company, which is determined with reference to his duties and responsibilities with the Company.

Save as disclosed above, as at the date of this announcement, Mr WANG has no other relationship with any Directors, senior management or substantial shareholders or controlling shareholders of the Company, and does not hold any other position in the Company or any subsidiaries of the Company nor any other directorship in listed public companies in the last three years.

Mr WANG does not have, and is not deemed to have any interests or short positions in any shares, underlying shares or debentures of the Company or any of its associated corporations within the meaning of Part XV of the Securities and Futures Ordinance.

Save as disclosed. above, there is no information relating to Mr WANG that is required to be disclosed pursuant to Rule 13.51(2)(h) to Rule 13.51(2)(v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, and there is no other matter in relation to the appointment of Mr WANG as a member of the Remuneration Committee that needs to be brought to the attention of the holders of securities of the Company.

The Board would like to express its warm welcome to Mr WANG on his appointment as a member of the Remuneration Committee.

By Order of the Board

China Development Bank International Investment Limited BAI Zhe

Chairman

Hong Kong, 15 March 2017

As at the date of this announcement, the Board is comprised of Mr BAI Zhe, Mr YUAN Chun and Mr ZHANG Jielong as Executive Directors; and Mr WANG Xiangfei, Mr SIN Yui Man and Mr FAN Ren Da, Anthony as Independent Non-executive Directors.