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.

長 城 汽 車 股 份 有 限 公 司

GREAT WALL MOTOR COMPANY LIMITED*

(a joint stock company incorporated in the People's Republic of China with limited liability)

(Stock code: 2333) Announcement Investment in Tula Oblast in Russia

This announcement is made by the Company pursuant to the Inside Information Provisions under Part XIVA of the SFO and Rules 13.09(2)(a) and 13.10B of the Listing Rules. This announcement is also disseminated on the Shanghai Stock Exchange simultaneously.
This announcement is made by Great Wall Motor Company Limited (the "Company") pursuant to the Inside Information Provisions (as defined under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules")) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the "SFO") and Rules
13.09(2)(a) and 13.10B of the Listing Rules.
The Company proposes to enter into a tripartite agreement with the government of Tula Oblast in Russia (the "Government of Tula Oblast") and Tula Oblast Public-Private Partnership Development Group ("Tula Oblast Development Group"), which is a open joint stock company, on
20 May 2014 in relation to the proposed establishment of a wholly-owned subsidiary of the Company for the investment and construction of a production base of the Company in Tula Oblast, Russia.
Tula Oblast Development Group is a public-private partnership company established by the Government of Tula Oblast in Russia and provides services to investors who make investment in Tula Oblast, Russia.
Pursuant to the agreement among the Company, the Government of Tula Oblast and Tula Oblast Development Group, the Company proposes to establish an automobile production base with an expected annual production capacity of 150,000 units of automobiles and with a total site area of
2.16 million square metres in an industrial park in Uzlovaya of Tula Oblast in Russia. The
construction project is expected to comprise two phrases. The total investment of the first phrase is expected to be 12 billion Rubles (approximately equivalent to RMB2.1 billion), and the construction of the second phrase will depend on the operational results of the first phase and economic prospect of the project. Upon the completion of the construction of production base (including the first and second phrases), the total investment is expected to be approximately 18 billion Rubles (approximately equivalent to RMB3.2 billion).

Note: The above amounts in RMB are translated at the mid-point of the exchange rate of RMB1 to

5.6081 Rubles published by the State Administration of Foreign Exchange of the PRC on 19 May

2014.

As the investment entity and investment channel of the proposed investment and the name of the subsidiary of the Company have not yet been confirmed, the Company is unable to comply with the relevant approval procedures. The Company will comply with the relevant approval procedures and issue the relevant announcement(s) in accordance with the Listing Rules in a timely manner upon the confirmation of the aforesaid matters.
This announcement will be published on the websites of The Stock Exchange of Hong Kong Limited (www.hkexnews.hk) and the Shanghai Stock Exchange (www.sse.com.cn) and the official website of the Company (www.gwm.com.cn).
Shareholders of the Company and potential investors are advised to exercise caution when dealing in the securities of the Company.
By order of the Board

Great Wall Motor Company Limited Xu Hui

Company Secretary

Baoding, the PRC, 19 May 2014

As at the date of this announcement, members of the Board comprise:

Executive Directors: Mr. Wei Jian Jun, Mr. Liu Ping Fu, Ms. Wang Feng Ying, Mr. Hu Ke Gang and

Ms. Yang Zhi Juan.

Non-executive Directors: Mr. He Ping and Mr. Niu Jun.

Independent Non-executive Directors: Mr. Lu Chuang, Mr. Liang Shang Shang, Mr. Ma Li Hui and

Mr. Wong Chi Hung, Stanley.

* For identification purpose only

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