Kinetic Mines and Energy : Poll Results of the Annual General Meeting Held on 10 May 2017

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

KINETIC MINES AND ENERGY LIMITED

力 量 礦 業 能 源 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1277)

POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 10 MAY 2017

At the annual general meeting (''AGM'') of Kinetic Mines and Energy Limited (the ''Company'') held on 10 May 2017, all the proposed resolutions as set out in the notice of the AGM dated 5 April 2017 were taken by poll. The poll results are as follows:

Ordinary Resolutions		Number of votes cast (% of votes cast)
		For	Against
1.	To receive and consider the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors and the auditors of the Company for the year ended 31 December 2016	6,068,705,837 (100%)	0 (0%)

Ordinary Resolutions		Number of votes cast (% of votes cast)
		For	Against
2	(i) the declaration and payment of a special dividend of HK$0.02 per share out of the share premium account of the Company (the ''Special Dividend'') to shareholders of the Company whose names appear on the register of members of the Company as at the close of business on 18 May 2017 be and is hereby approved and any director of the Company be and is hereby authorised to take such action, do such things and execute such further documents as the director may at his/her absolute discretion consider necessary or desirable for the purpose of or in connection with the implementation of the payment of the Special Dividend; and	6,068,705,837	0
		(100%)	(0%)
	(ii) the reduction of the share premium account of the Company by the amount of HK$168,600,000 pursuant to the payment of the Special Dividend be and is hereby approved.	6,068,705,837	0
		(100%)	(0%)
3	To re-elect Mr. Gu Jianhua as an executive director of	6,068,705,837	0
	the Company.	(100%)	(0%)
4	To re-elect Ms. Liu Peilian as an independent non-	6,068,705,837	0
	executive director of the Company.	(100%)	(0%)
5	To re-elect Mr. Zheng Ercheng as an independent non-	6,068,705,837	0
	executive director of the Company.	(100%)	(0%)
6	To authorise the board of directors to fix the	6,068,705,837	0
	remuneration of the directors of the Company (the ''Directors'').	(100%)	(0%)
7	To re-appoint Ernst & Young as auditors of the	6,068,705,837	0
	Company and to authorised the board of Directors to fix	(100%)	(0%)
	their remuneration.

Ordinary Resolutions			Number of votes cast (% of votes cast)
			For	Against
8	(1)	To approve a general mandate to the Directors to	6,068,705,837	0
		issue shares of the Company not exceeding 20 per	(100%)	(0%)
		cent of the number of issued shares of the
		Company.
	(2)	To approve a general mandate to the Directors to	6,068,705,837	0
		repurchase shares of the Company not exceeding 10	(100%)	(0%)
		per cent of the number of issued shares of the
		Company.
	(3)	To extend the general mandate granted to the	6,068,705,837	0
		Directors to allot, issue and deal with new shares	(100%)	(0%)
		not exceeding the number of shares repurchased by
		the Company.

Note: Please refer to the notice of the AGM dated 5 April 2017 for the full text of the resolutions numbered 8(1), 8(2) and 8(3).

As at the date of the AGM, the issued share capital of the Company was 8,430,000,000 shares, which was the total number of shares entitling the holders to attend and vote for or against any of the proposed resolutions at the AGM. There were no shares entitling the holders to attend and abstain from voting in favour at the AGM as set out in rule 13.40 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ''Listing Rules'').

No shareholder of the Company was required under the Listing Rules to abstain from voting on the resolutions at the AGM. None of the shareholders has stated their intention in the Company's circular dated 5 April 2017 to vote against or to abstain from voting on any of the resolutions at the AGM.

As more than 50% of the votes were cast in favour of each of the above resolutions, all resolutions were duly passed as ordinary resolutions.

Computershare Hong Kong Investor Services Limited, the Company's branch share registrar in Hong Kong, acted as the scrutineer for the vote-taking at the AGM.

By Order of the Board

Kinetic Mines and Energy Limited Zhang Li

Chairman and Executive Director

Hong Kong, 10 May 2017

As at the date of this announcement, the board of directors of the Company comprises seven directors, of whom three are executive directors, namely Mr. Zhang Li (Chairman), Mr. Gu Jianhua (Chief Executive Officer) and Mr. Zhang Liang, Johnson; one is a non-executive director, namely Ms. Zhang Lin, and three are independent non-executive directors, namely Ms. Xue Hui, Ms. Liu Peilian and Mr. Zheng Ercheng.