China National Building Material : CLARIFICATION ANNOUNCEMENT IN RELATION TO THE THIRD QUARTERLY REPORT OF 2019

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

CLARIFICATION ANNOUNCEMENT IN RELATION TO THE THIRD QUARTERLY REPORT OF 2019

Reference is made to the Third Quarterly Report of 2019 published by China National Building Material Company Limited (the "Company", together with its subsidiaries, the "Group") in relation to the Group on 31 October 2019 (the "Announcement").

The Company has noted clerical errors in the Announcement and wishes to clarify that Items III to VI of the consolidated cash flow statement of the Group for the nine months ended 30 September 2019 on page 12 of the Announcement should be read as follows (revised figures are underlined):

	January to	January to
Item	September 2019	September 2018
		(restated)
III. Cash flows from financing activities:
Cash received from investments	5,528,113,400.00	3,846,780,800.00
Cash received from borrowings	139,183,658,207.87	156,801,677,261.37
Cash received relating to other financing
activities	1,135,131,265.74	1,088,392,899.65
Sub-total of cash inflow from
financing activities	145,846,902,873.61	161,736,850,961.02

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	January to	January to
Item	September 2019	September 2018
		(restated)
Cash paid for repayments of liabilities	135,144,758,059.91	152,341,218,491.83
Cash paid for dividend, profit distribution or
interest repayment	12,005,911,708.91	10,833,589,129.83
Cash paid relating to other financing
activities	8,998,246,927.58	13,507,588,317.72
Sub-total of cash outflow from financing
activities	156,148,916,696.40	176,682,395,939.38
Net cash flows from financing activities	-10,302,013,822.79	-14,945,544,978.36
IV. Effect of foreign exchange rates under
changes on cash and cash equivalents	114,224,139.52	88,464,109.32
V. Net increase in cash and cash equivalents	6,633,148,722.02	3,086,914,194.77
Add: Balance of cash and cash equivalents at
the beginning of the period	20,911,727,594.31	23,374,543,634.43
VI. Balance of cash and cash equivalents at the
end of the period	27,544,876,316.33	26,461,457,829.20

Save as clarified above, all information set out in the Announcement remains unchanged.

By order of the Board

China National Building Material Company Limited*

Yu Kaijun

Secretary to the Board

Beijing, the PRC

1 November 2019

As at the date of this announcement, the board of directors of the Company comprises Mr. Cao Jianglin, Mr. Peng Shou and Mr. Cui Xingtai as executive directors, Ms. Xu Weibing, Mr. Chang Zhangli, Mr. Tao Zheng, Mr. Chen Yongxin, Mr. Shen Yungang and Ms. Fan Xiaoyan as non-executive directors and Mr. Sun Yanjun, Mr. Liu Jianwen, Mr. Zhou Fangsheng, Mr. Qian Fengsheng and Ms. Xia Xue as independent non-executive directors.

• For identification only

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