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.

中國中鐵股份有限公司 RAILWAY GROUP LIMITED (A joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock Code: 390)

This overseas regulatory announcement is made pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Please refer to the attached “Announcement of Group Limited on Winning of Bids for Material Projects” published by China Railway Group Limited on the Shanghai Stock Exchange website on 30 August 2019 for your information.

By Order of the Board China Railway Group Limited Zhang Zongyan Chairman

30 August 2019

As at the date of this announcement, the executive directors of the Company are ZHANG Zongyan (Chairman) and ZHANG Xian; the independent non-executive directors are GUO Peizhang, WEN Baoman, ZHENG Qingzhi and CHUNG Shui Ming Timpson; and the non-executive director is MA Zonglin. A Shares Stock Code: 601390 A Shares Stock Name: China Railway Announcement No.: H Shares Stock Code: 00390 H Shares Stock Name: China Railway Lin 2019-059

Announcement of China Railway Group Limited on Winning of Bids for Material Projects

The board of directors of China Railway Group Limited (the “Company”) and all the directors hereby

undertake that this announcement does not have any false or misleading statements or any material

omissions, and assume the joint and several liabilities for the truthfulness, accuracy and completeness

of the contents.

Recently, the Company has won the bids for the following material projects:

I. Domestic Material Projects Currency: RMB

Contractual Serial Company Winning the Bid Amount Bidding Projects Project No. Bid (RMB 10,000) Duration

Railway Projects

Section NYJZQ-10 of the before-station construction and overall supervision Shanghai Civil project of the new intercity railway along 1 Engineering Co., Ltd. of the south Yangtze River in 280,045 1,461 days CREC Province (excluding the before-station construction and supervision of the preliminary construction section) Section CYCZQ-4 of unit price contract Shanghai Civil of before-station construction project of 2 Engineering Co., Ltd. of 242,171 48 months the new Changde-Yiyang-Changsha CREC Railway Wuhan Railway Section YMZH-1 of the after-station 3 Electrification Bureau construction project of the new Yuxi- 150,674 28 months Group Co., Ltd. Mohan Railway EPC contract of the after-station E&M China Railway No.1 system integration and station housing 4 Engineering Group Co., 135,323 — construction project of the new Dali- Ltd. Lincang Railway

Section JTBJSG of EPC contract of China Railway No.6 before-station construction project of 5 Engineering Group Co., connecting the new Beijing-Tangshan 131,650 827 days Ltd. Railway to Beijing-Harbin Railway Yanjiao station and Tangshan hub China Railway EPC contract of the renovation and 1,275 6 Construction Engineering expansion of Zhuzhou Railway Station 93,417 calendar days Group Co., Ltd. (Section ZZZGSG-1)

Highway Projects

Laifeng County 01 project package China Railway No.10 relating to the “integration of 7 Engineering Group Co., construction and maintenance” of 136,700 5 years Ltd. ordinary highways in Enshi Tujia and Miao Autonomous Prefecture China Railway No.6 Section 3 of Cangzhou segment of G228 8 Engineering Group Co., 79,601 36 months Binghai Highway Ltd.

Municipal and Other Projects

China Railway No.1 Engineering Group Co., Civil construction of Wuhan Rail Transit 1,100 9 Ltd.,China Railway No.4 No.12 - Sections 3 and 4 (Wuchang 323,058 calendar days Engineering Group Co., segment) Ltd. China Railway Major Construction of Longxiang Bridge and its 10 Bridge Engineering approach roads in Foshan City(Section 196,041 1,096 days Group Co., Ltd. LXSG-02) Zhangjiawan Depot complex Shanghai Civil construction of the civil and underground 780 calendar 11 Engineering Co., Ltd. of 179,400 construction of the first operating days CREC segment of Wuhan Rail Transit No. 11 China Railway No.6 Construction of Liyuantou Depot and 12 Engineering Group Co., track-laying of Phase I of the 153,576 29 months Ltd. construction of Line 10 China Railway No. 4 Section I of construction of relocation 810 calendar 13 Engineering Group Co., housing project of shantytowns 121,440 days Ltd. renovation in City China Railway No. 4 Section SG3-14 of Xingqiao Depot of 549 calendar 14 Engineering Group Co., 119,413 Phase One of days Ltd. China Railway No. 4 Renovation project (Phase One) of 15 111,163 540 days Engineering Group Co., Naping River Watershed in Nanning City

Ltd. Comprehensive renovation project of Shanghai Civil Chaoyangxi river channel in Nanning 540 calendar 16 Engineering Co., Ltd. of 109,487 City (Xiuxiang Avenue - Luosanling days CREC Reservoir) Shanghai Civil Engineering Co., Ltd. of EPC contract (design, procurement and 800 calendar 17 CREC, China Railway construction integration) of Talent 104,422 days Major Bridge Engineering Apartment in Feixi County, Hefei City Group Co., Ltd. China Railway No. 4 EPC contract (survey, design, 18 Engineering Group Co., construction) of Phase Two of 100,249 24 months Ltd. and other entities Jingdezhen Porcelain Workshop China Railway No. 6 Civil construction of Section 5 of Phase 19 Engineering Group Co., 99,881 14 months One of Wuhan Rail Transit No.16 Ltd. China Railway No. 10 Construction of Jingtang Angen Depot of 20 Engineering Group Co., 97,420 883 days Phase One of Rail Transit No.5 Ltd. China Railway No. 5 Section 6 of construction of Kunming 2,450 21 Engineering Group Co., segment of water diversion project in the 92,610 calendar days Ltd. central region of Yunnan Province China Railway Major Main sections construction of Changtai 22 Bridge Engineering Yangtze River Bridge (cross-river 88,661 24 months Group Co., Ltd. segment) (Section CA-T2) Construction of Phase One of the Shanghai Civil Intelligent Terminal Industrial Park in 23 Engineering Co., Ltd. of 87,145 18 months Yinchuan Economic and Technological CREC and other entities Development Zone Section 11 of the expressway – EPC China Railway No. 10 contract of Jining City Inner Ring 450 calendar 24 Engineering Group Co., Elevated Road and connection project – 86,118 days Ltd. Western Outer Ring Road (Jinyu Road to Jining Avenue segment) EPC contract of design and construction of Guangzhou Baiyun (Chashen China Railway Avenue – Guangqing Expressway), 25 Guangzhou Engineering 84,947 8 months Beitai Road (Station Yard West Road – Group Co. Ltd. Chashen Avenue), Station Yard Mid Road and node reservation project China Railway No. 7 Construction of the Depot of auxiliary 868 calendar 26 Engineering Group Co., municipal engineering of Zhengzhou- 83,804 days Ltd. Gongyi Railway

China Railway Renovation of shantytowns (Loujia Construction Engineering 27 urban village) in Xinjiang New District, 82,935 28 months Group Co., Ltd. and other Yingtan City entities Shanghai Civil EPC contract of Phase Three expansion 730 calendar 28 Engineering Co., Ltd. of of Huangjiahu Sewage Treatment Plant 81,168 days CREC in Wuhan City China Railway EPC contract (survey-design- Construction Engineering 915 calendar 29 construction) of Chengdu Natural History 77,945 Group Co., Ltd. other days Museum entities China Railway EPC contract of design and construction Guangzhou Engineering 930 calendar 30 of Phase 5 of the construction project of 76,366 Group Co. Ltd. and other days the relocation area of Huangge Town entities China Railway No. 8 Upgrading and revocation project of the 980 calendar 31 Engineering Group Co., 75,818 New City in south Xuzhou City days Ltd. Shanghai Civil Section II of Yingzhong Depot of 367 calendar 32 Engineering Co., Ltd. of 72,848 Hangzhou Metro days CREC Section 3 of EPC contract of Shanghai Civil construction of Phase One expressway 450 calendar 33 Engineering Co., Ltd. of 71,237 project in Jining (Jining Avenue, Ning’an days CREC Avenue) Centralized commercial, business hotel China Railway and residential project in Shuntai City 34 Construction Engineering Plaza (Plot 1), Eryuan County, Dali Bai 65,700 450 days Group Co., Ltd. Autonomous Prefecture, Yunnan Province China Railway No. 4 Construction project of the second 780 calendar 35 Engineering Group Co., phase residential and commercial street 60,000 days Ltd. project in Lei Street, Fuyang China Railway No. 4 Section S1-TS-15 of the civil 1,189 36 Engineering Group Co., construction project (Second Batch) of 58,164 calendar days Ltd. China Railway Linfeng Haisong Garden Project, Around 29 37 Construction Engineering 56,577 Huizhou months Group Co., Ltd. Shanghai Civil Minshang Intelligent Industrial Park 550 calendar 38 Engineering Co., Ltd. of 56,080 Project (Phase I), Yinchuan days CREC

Shanghai Civil Construction project of Huangshan Road 39 Engineering Co., Ltd. of Tunnel docked by Xutao Road, Suzhou 54,143 1,095 days CREC City Shanghai Civil Phase Two of the construction project of 40 Engineering Co., Ltd. of the “Yigao International E-commerce 51,668 — CREC Park”, Funan County, Fuyang City Phase One of the construction project of China Railway No. 6 Luoxi Island sewage pipe network in Around 6 41 Engineering Group Co., Panyu District, Guangzhou and the main 50,629 months Ltd. trunk pipe network project of Nanpu Island

II. Overseas Material Projects

Equivalent Company Contractual Serial Amount in Winning the Bidding Project Bid Amount Project No. RMB Bid Duration (RMB10,000) Design and Build of Tercha- China Railway Weldehane-Omonada Junction No.7 1 Road Project, Contract I: ETB2,450,000,000 61,268 54 months Engineering Tercha-Weldehane-Werebo, Group Co., Ltd. Ethiopia Design and Build of Tercha- China Railway Weldehane-Omonada Junction No.7 2 Road Project, Contract II: ETB1,450,000,000 36,263 48 months Engineering Werebo-Gona-Omonada Group Co., Ltd. Junction, Ethiopia

The above bids amounted to approximately RMB45,772.25million in aggregate, representing approximately 6.20% of the operating revenue of the Company in 2018 prepared under the China Accounting Standards.

Notice is hereby given.

The Board of Directors of China Railway Group Limited 31 August 2019