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 “Winning of Bids for Material Projects by Group Limited” published by China Railway Group Limited on the Shanghai Stock Exchange website on 30 October 2015 for your information.

By Order of the Board China Railway Group Limited LI Changjin Chairman

30 October 2015

As at the date of this announcement, the executive directors of the Company are LI Changjin (Chairman) and YAO Guiqing; and the independent non-executive directors are GUO Peizhang, WEN Baoman, ZHENG Qingzhi and NGAI Wai Fung.

A Shares Stock Name: H Shares Stock Name: Announcement No.: China Railway China Railway Lin 2015-060

A Shares Stock Code: H Shares Stock Code: Announcement No.: 601390 390 Lin 2015-060

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

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 liability for the truthfulness, accuracy and completeness of the contents.

The Company has recently won the bids for the following material projects:

Unit: RMB10,000 Currency: RMB

Company Contractual Serial Bid Winning the Project under the Successful Bid Project No. Amount Bid Duration

Railway Projects China Railway No. 4 Construction project Engineering Group 1095 Co., Ltd., of Sections LZZQ-3 and LZZQ-1 of 1 602,125 calendar the new China days Railway No. 10 Lianyungang-Zhenjiang Railway Engineering Group Co., Ltd.

China Railway No. 6 Engineering Group Before-station Co., Ltd., construction project China of Sections QNFJZQ-1, QNFJZQ-5 45-53 2 Railway No. 5 440,760 and QNFJZQ-2 of the months Engineering new Quzhou-Ningde Railway ( Group Co., Segment) Ltd., China Railway Tunnel Group Co., Ltd.

China Before-station Railway No. 3 construction project 1826 Engineering Group of Section QNZJZQ-1 and 3 Co., Ltd., 437,221 calendar QNZJZQ-4 of the China Railway days new Quzhou-Ningde Railway, Tunnel Group Zhejiang Segment Co., Ltd.

China Before-station construction project Railway No. 3 (excluding the construction of Engineering Group 45-57 4 multiple unites operation depot) of 424,913 months Co., Ltd., China Beijing Segment of Beijing- Railway Tunnel Shenyang Passengers Railway Group Co., Ltd.

Construction project China Railway of Section 2 of Lianyungang- 1341 Major Bridge 5 Zhenjiang bridge of Wufengshan 375,999 calendar Engineering Mountain major bridge of the new days Group Co., Ltd. Lianyungang-Zhenjiang Railway

Post-station construction project China of the E&M system 610 Railway No. 4 and relevant 6 183,233 calendar Engineering Group projects of the days Co., Ltd. new Lianyungang-Yancheng Railway

China Before-station Railway Tunnel construction project 7 160,450 36 months Group of section WRSG 2 of the northeast goods train outer circle of Co., Ltd. Guangzhou Railway Hub

Before-station construction project China of Section 5 of Peiling-Meijing Railway No. 1 8 Segment of the 151,418 56 months Engineering new Chongqing-Huaihua Railway Group Co., Ltd. (under Chengdu Bureau’s jurisdiction)

Before-station China Railway construction project Major Bridge 9 of Section LXZQ-3 of Jinshajiang 119,872 48 months Engineering River extra-large bridge of the new Group Co., Ltd. -Shangrila Railway

China Construction project of Section Railway No. 6 10 HXZQ-3 of the new Heshun-Xingtai 99,153 42 months Engineering Group Railway Co., Ltd.

Construction project China Railway of Section SD-2 of the E&M system Electrification integration and relevant 11 70,264 12 months Engineering Group auxiliary projects of Yunnan Co., Ltd. Segment of the new Yunnan-Guangxi Railway

China Capacity strengthening Railway No. 9 project of the new Qinghuangdao- 12 68,780 18 months Engineering Group Shenyang Co., Ltd. Passengers Railway

Before-station China Railway construction project of Section 13 Tunnel Group JQGTSG-1 of the early-started 66,073 34 months Co., Ltd. Section (Qingyang Tunnel) of the new Jinan-Qingdao Express Railway

China Electrification reform project of Railway No. 9 14 Section ZQTJ-11 of the Harbin- 57,959 30 months Engineering Group Mudanjiang River Railway Co., Ltd.

China Railway Construction project of Section Electrification YGYNZF-2 of eight station buildings Engineering Group (Funing etc.) and all production and Co., Ltd., 15 living buildings and relevant 53,989 12 months China Railway auxiliary projects of Yunnan Construction Segment of the new Yunnan- Engineering Guangxi Railway Group

Construction project of Section YWZF-1 of three station buildings China Railway (Wanzhou North etc.) and all post- 16 52,495 14 months Construction station surplus construction projects Engineering Group of the new Chongqing-Wanzhou Railway Highway Projects

China Civil construction project of Section Railway No. No.12 of Hechi-Baise Highway, 17 82,243 42 months 1 Guangxi Zhuang Autonomous Engineering Group Region Co., Ltd.

China Civil construction project of Section Railway No. TJ24 of Xinfeng-Boluo Segment of 18 7 Renhua (Hunan-Guangdong 72,422 20 months Engineering Group boundary)-Boluo Highway, Co., Ltd. Guangdong

Municipal Works and Other Projects Investment and financing China Railway construction project of Chengdu 19 Group 787,310 39 months Subway Phase One and Limited Phase Two

China Railway EPC contract for construction 1000 20 Construction project of Zhengsheng Taigugang 320,000 calendar Engineering Group Commercial City, Nanchang days

EPC contract (Section 3) for civil 1438 China Railway construction 21 300,008 calendar Group Limited project of days Phase One

China Railway BT contract of road reform No. 1 22 project of urbanization in 295,400 29 months Engineering Zhaoqing Group Co., Ltd.

BOT project and simultaneously implemented projects of modern China Railway 534 calendar 23 tramcar demonstration line 256,121 Group Limited days construction project of Longhua New District, Shenzhen

Investment and financing China Railway construction project of 24 Group 232,595 53 months comprehensive transportation Limited junction of Chengdu Expo Mall

Investment and financing China Railway construction project of South Section 25 185,404 30 months Group Limited of Chengdu Subway Line One Phase Three

China Railway Temporary schools project of 200 630 No. 9 26 Millennium Schools of Ecuador 140,000 calendar Engineering Ministry of Education days Group Co., Ltd.

China Railway Construction contract of Yilin 1370 27 Construction Homeland and Zhongdian 132,029 calendar Engineering Group Dongguan Mansion days

China Railway No. 1 Engineering Group Civil construction project (the third 973 Co., Ltd., 28 batch) of Sections Ⅲ-TS-15 and Ⅲ- 116,242 calendar China Railway TS-13 of Suzhou Metro Line 3 days Tunnel Group Co., Ltd.

China Railway Construction project of extra-large Major Bridge bridge of Guanting reservoir of the 29 103,988 - Engineering Huailai city road project (Shacheng- Group Co., Ltd. Donghua)

China Railway Construction and Investment Group 1368 BT construction project of Huitong 30 Co. Ltd., 59,385 calendar Mansion of Shenzhen Subway China Railway days Airport Construction Group Co., Ltd.

China Railway Civil construction project of Section No. 1 31 9 of Guizhou Metro Line 2 Phase 56,179 23.5 months Engineering One Group Co., Ltd.

China Railway Construction project of Section SG6- 1051 No. 4 32 6 of Hangzhou Subway 55,449 calendar Engineering Phase One days Group Co., Ltd.

The above bids amounted to approximately RMB65,594.79 million in aggregate, representing approximately 10.75% of the operating revenue of the Company in 2014 prepared under the China Accounting Standards.

Notice is hereby given.

The Board of Directors of

China Railway Group Limited

31 October 2015