Huaneng Renewables : DELAY IN DESPATCH OF CIRCULAR

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

(Stock Code: 0958)

DELAY IN DESPATCH OF CIRCULAR

Reference is made to the announcements of Huaneng Renewables Corporation Limited (the "Company") dated 27 August 2019 (the "Announcements") in relation to entering into the Accounts Receivable Transfer Framework Agreement and entering into the Deposit and Loan Services Framework Agreement. Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcements.

As stated in the Announcements, a circular (the "Circular") containing, inter alia, further details regarding the transactions under the Accounts Receivable Transfer Framework Agreement and the deposit transactions under the Deposit and Loan Services Framework Agreement, a letter from the Independent Board Committee and an opinion of Gram Capital, was expected to be despatched to the shareholders within 15 business days from the date of publication of the Announcements.

As additional time is required to finalise the information in the Circular and to arrange for the printing of the Circular, it is expected that the date of despatch of the Circular to the shareholders will be postponed to a date falling on or before 30 September 2019.

By order of the Board

Huaneng Renewables Corporation Limited

ZHU Tao

Company Secretary

Beijing, the PRC, 17 September 2019

As at the date of this announcement, the Company's Executive Directors are Mr. LIN Gang, Mr. CAO Shiguang and Mr. WEN Minggang; Non-executive Directors are Mr. WANG Kui, Mr. DAI Xinmin and Mr. ZHAI Ji; and Independent Non-executive Directors are Mr. QI Hesheng, Ms. ZHANG Lizi, Mr. WOO Kar Tung, Raymond and Mr. ZHU Xiao.

• For identification purpose only