China Shenhua Energy : CHANGE IN SENIOR MANAGEMENT

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(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 01088)

ANNOUNCEMENT

CHANGE IN SENIOR MANAGEMENT

The board of directors (the "Board") of China Shenhua Energy Company Limited (the "Company") is pleased to announce that, at the 15th meeting of the fourth session of the Board on 29 November 2018, Mr. Xu Mingjun is appointed as a vice president of the Company for a term of three years commencing from the date of approval by the Board, which is subject to re-appointment upon the expiry of the term.

Biographical details of Mr. Xu Mingjun are as follows:

Xu Mingjun, male, born in October 1963, aged 55, a member of the Communist Party of China, a senior political engineer and a graduate of postgraduate program. He successively served as a teacher and a counsellor of Beijing Coal Industry School, an officer of Youth League Committee of Beijing Coal Management Leadership Academy, an officer, a deputy secretary and a secretary of Youth League Committee directly under the Ministry of Coal, the director of people work division of the Departmental Party Committee of the State Bureau of Coal Industry, the deputy director of labour union working division, deputy director of general division of people work department and a director-level investigator and researcher under the Central Enterprise Working Committee, the director of news division and assistant inspector of the bureau of publicity under the State-owned Assets Supervision and Administration Commission of the State Council ("SASAC"), a deputy secretary of prefectural committee in Tacheng, Xinjiang, a deputy inspector of the bureau of publicity under the SASAC, the chief of political work office, a member and a deputy secretary of the Party Committee directly under China Guodian Corporation and the head of general office of China Guodian Corporation, the assistant to the general manager and the head of general office of China Guodian Corporation, the secretary to the board of directors, the assistant tothe general manager and the head of general office of China Guodian Corporation, the secretary of the Leading Party Group and a deputy general manager of GD Power Development Co., Ltd.("GD Power"), the assistant to the general manager of China Energy Investment Corporation Limited ("China Energy") and the secretary of the Party Committee and a deputy general manager of GD Power. Mr. Xu currently serves as the assistant to the general manager of China Energy and the secretary of the Party Committee of the Company.

Save as disclosed above, Mr. Xu has not held other directorships in the last three years in listed companies, the securities of which are listed on any securities market in Hong Kong or overseas, and does not have any relationship with any directors, senior management or substantial or controlling shareholders of the Company.

As at the date of this announcement, Mr. Xu has no interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Save as disclosed above, there are no other matters that need to be brought to the attention of the shareholders of the Company.

By order of the Board

China Shenhua Energy Company Limited

Huang Qing

Secretary to the Board of Directors

Beijing, 29 November 2018

As at the date of this announcement, the Board comprises the following: Dr. Ling Wen, Dr. Li Dong, Mr. Gao Song and Mr. Mi Shuhua as executive directors, Mr. Zhao Jibin as non-executive director, and Dr. Tam Wai Chu, Maria, Dr. Jiang Bo, Ms. Zhong Yingjie, Christina, Dr. Peng Suping and Dr. Huang Ming as independent non-executive directors.