Reference is made to the announcements of West China Cement Limited dated 5 September 2014 and 11 September 2014 regarding the issue of 6.5% Senior Notes Due 2019 in the principal amount of USD 400 million by the company and the listing of the Notes on the Stock Exchange. The company announced that on 23 November 2018, it redeemed an aggregate principal amount of USD 50 million of the Notes representing 12.5% of the outstanding principal amount of USD 400 million, at a redemption price equal to 101.625% of the principal amount thereof together with all accrued and unpaid interest. The redemption of the Redeemed Notes was in accordance with the indenture constituting the Notes by way of the exercise by the company of its optional redemption right. The Redeemed Notes will be cancelled. Upon redemption and cancellation of the Redeemed Notes, the aggregate outstanding principal amount of the Notes will become USD 350 million.