China Mobile : ANNOUNCEMENT RELATING TO OBTAINING PERMIT FOR 5TH GENERATION MOBILE NETWORKS (5G) TEST FREQUENCIES

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CHINA MOBILE LIMITED ʕ਷୅ਗϞࠢʮ̡

(Incorporated in Hong Kong with limited liability under the Companies Ordinance)

(Stock Code: 941)

ANNOUNCEMENT RELATING TO OBTAINING PERMIT FOR 5TH GENERATION MOBILE NETWORKS (5G) TEST FREQUENCIES

This announcement is made by China Mobile Limited (the "Company") pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The Board of Directors of the Company announces that its controlling shareholder, China Mobile Communications Group Co., Ltd. (the "Parent Company"), was notified by the Ministry of Industry and Information Technology of the People's Republic of China that the Ministry has agreed for the Parent Company to adopt the frequency bands of 2515MHz-2675MHz and 4800MHz-4900MHz for the trial of the 5th generation mobile networks (5G) system on a nationwide basis in mainland China during the period from the date of the notice up to 30 June 2020, of which, 2515MHz-2575MHz, 2635MHz-2675MHz and 4800MHz-4900MHz bands are newly-added bands and 2575MHz-2635MHz are the existing TD-LTE(4G) bands of the Parent Company to be re-farmed. The Company will assist the Parent Company and continue to work together with various industry players to actively promote 5G technology research and development, networks and business application trials.

In the meantime, investors are advised to exercise caution in dealing in the securities of the Company.

By Order of the Board

China Mobile Limited

Shang Bing Chairman

Hong Kong, 7 December 2018

FORWARD-LOOKING STATEMENTS

Certain statements contained in this announcement may be viewed as "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from those implied by such forward-looking statements. In addition, the Company does not intend to update these forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company's most recent Annual Report on Form 20-F and other filings with the U.S. Securities and Exchange Commission.

As at the date of this announcement, the Board of Directors of the Company comprises Mr. Shang Bing, Mr. Li Yue and Mr. Dong Xin as executive directors and Dr. Moses Cheng Mo Chi, Mr. Paul Chow Man Yiu, Mr. Stephen Yiu Kin Wah and Dr. Yang Qiang as independent non-executive directors.