China Railway : Overseas Regulatory Announcement -Announcement of China Railway Group Limited on Winning of Bids for Material Projects

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

CHINA 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 China Railway Group Limited on Winning of Bids for Material Projects" published by China Railway Group Limited on the Shanghai Stock Exchange website on 24 January 2017 for your information.

By Order of the Board

China Railway Group Limited LI Changjin

Chairman

24 January 2017

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

A Shares Stock Name: China Railway

H Shares Stock Name: China Railway

A Shares Stock Code: 601390

H Shares Stock Code: 00390

Announcement No.: Lin 2017-007

Announcement No.: Lin 2017-007

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

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

1. Domestic Material Projects

   Unit: RMB 10,000 Currency: RMB

   Serial No.	Company Winning the Bid	Bidding Projects	Bid Amount	Contractual Project Duration
   Railway Projects
   1	China Railway No. 8 Engineering Group Co., Ltd	Before-station construction project of Section DHZQ-5 of the east loop line of the hub of the new Chongqing Railway	216,221	48 months
   2	China Railway No. 10 Engineering Group Co., Ltd	Before-station construction project of Section HAZQ-5 of the new Hefei- Anqing Railway	141,598	37.6 months
   3	China Railway Tunnel Group Co., Ltd.	Tunnel construction project of the preliminary commencement construction of Section ZJHZQ-1 of the new Zhangjiajie-Jishou-Huaihua Railway	94,640	52 months
   4	China Railway No. 10 Engineering Group Co., Ltd	Construction project of Section SGZH- 1 of the new Port Railway of Qingdao Dongjiakou Port District	93,902	14 months

   5	China Railway No. 7 Engineering Group Co., Ltd.	EPC contract of Section ZWDDCS-1 of construction project and ancillary project of Zhengzhou East bullet train station of the new Zhengzhou-Wanzhou Railway	51,419	456 calendar days
   Highway Projects
   6	China Railway Major Bridge Engineering Group Co., Ltd.	Civil construction project of Section No. 7 of Huizhou-Qingyuan Segment of Shantou-Zhanjiang Express Highway	78,581	-
   7	China Railway Major Bridge Engineering Group Co., Ltd.	Construction project of Section BKTJ- 01 of the mid-tower of main bridge of the North Bridge of Ou River, Wenzhou	54,497	911 calendar days
   8	China Railway No. 1 Engineering Group Co., Ltd.	Main body construction project of Section XT-NT4 of north-south line connection of Wuxi-Nantong cross- river tunnel	54,467	36 months
   Municipal Works and Other Projects
   9	China Railway Tunnel Group Co., Ltd.	EPC contract of construction of Spring Breeze Tunnel, Shenzhen	387,456	1427 calendar days
   10	CRCEG	EPC contract of optimized design of foundation pit supporting and main body construction project of the relocation placement houses and ancillary facilities of blocks of No.37 of the north area of Caohai, Xishan District, Kunming	130,342	441 days

   11	China Railway Major Bridge Engineering Group Co., Ltd.	Rapid transformation construction project of Xiangfu Road (Xiangjiang Avenue-Liuyanghe West Coast), Changsha	130,034	40 months
   12	CRCEG	Construction contract of Huayangliwo • Chuangke Town (Section II) of Xiangshui County, Jiangsu, Phase I	96,000	720 days
   13	China Railway No. 1 Engineering Group Co., Ltd.	Civil construction project of Section No. 2 of Wuhan Rail Transit No. 5	83,113	900 calendar days
   14	China Railway No. 1 Engineering Group Co., Ltd.	Construction project of Rail Transit No.2, Phase II, construction project of suburban railway, Phase II, and civil construction project of Section No. 02 of underground transportation of public cultural service district in Zhengzhou	81,603	757 calendar days
   15	China Railway Tunnel Group Co., Ltd.	Civil construction project of Contractual Section No. 11 of Beijing Metro Line 12	65,831	1474 calendar days
   16	China Railway No. 7 Engineering Group Co., Ltd.	Reconstruction and extension project of municipal roads of Xiping County, Zhumadian City	65,240	720 calendar days

2. Overseas Material Project

Serial No.	Company Winning the Bid	Project under the Successful Bid	Bid Amount	Equivalent Amount (RMB 10,000)	Contractual Project Duration
1	China Railway No. 4 Engineering Group Co.,	Reconstruction project of Maria Teresa- Dondo Road, Kuanza Norte Province,	USD162.89 million	108,928	14 months