Huaneng Renewables : Disclosure of Dealings under Rule 22 of the Takeovers Code

Public Disclosure Form

22 November 2019

Voluntary conditional offer

Disclosure of dealings in the shares of Huaneng Renewables Corporation Limited

The Executive received the following disclosure of securities dealings pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers:

Party	Date	Purchase / Sale	Number of shares	Price per share	Resultant balance	Percentage of class
					(including those of	(including those of
					any person with whom	any person with whom
					there is an agreement	there is an agreement
					or understanding)	or understanding)
BlackRock, Inc.	21 November 2019	Purchase	178,000	$2.9900	11,068,000	0.2200%
		Purchase	96,000	$2.9898	10,972,000	0.2181%

End

Note:

BlackRock, Inc. is a Class (6) associate of the Offeree company by virtue of its holdings of ordinary shares in the Offeree company. Dealings were made for the account of discretionary investment clients.

ltems 1-2 reported in the Resultant balance and Percentage of class columns represents short positions in the ordinary H-shares issued by Huaneng Renewables Corporation Limited.