China Energy Engineering : VOLUNTARY ANNOUNCEMENT ENTERING INTO AN EPC CONTRACT FOR THE 1000MW OIL AND GAS COMBINED CYCLE POWER STATION PROJECT IN MAYSAN, IRAQ BY A SUBSIDIARY OF THE COMPANY

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CHINA ENERGY ENGINEERING CORPORATION LIMITED*

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

(Stock Code: 3996)

VOLUNTARY ANNOUNCEMENT

ENTERING INTO AN EPC CONTRACT FOR THE 1000MW OIL AND GAS COMBINED CYCLE POWER STATION PROJECT IN MAYSAN, IRAQ BY A SUBSIDIARY OF THE COMPANY

This announcement is made by China Energy Engineering Corporation Limited (the "Company") on a voluntary basis.

The board of directors of the Company (the "Board") is pleased to announce that, recently, a

consortium formed by China Energy Engineering Group International Engineering Co., Ltd.* (中國能 源建設集團國際工程有限公司), a subsidiary of the Company and cooperating parties has entered

into an EPC contract for the 1000MW Oil and Gas Combined Cycle Power Station Project in Maysan, Iraq (the "Project").

The Project is situated in Maysan Governorate, Iraq. Its main works comprise the design, procurement, and construction of the 1000MW Oil and Gas Power Station. The contract amount of the Project is approximately USD1,200 million. The contract term is 36 months.

By Order of the Board

CHINA ENERGY ENGINEERING CORPORATION LIMITED*

Wang Jianping

Chairman

Beijing, the PRC

28 November 2019

As at the date of this announcement, the executive directors of the Company are Mr. Wang Jianping, Mr. Ding Yanzhang and Mr. Zhang Xianchong; the non-executive directors are Mr. Ma Chuanjing, Mr. Liu Xueshi and Mr. Si Xinbo; and the independent non-executive directors are Mr. Ding Yuanchen, Mr. Zheng Qiyu and Mr. Cheung Yuk Ming.

• For identification purpose only