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.

MMG LIMITED 五礦資源有限公司

(Incorporated in Hong Kong with limited liability)

(HKEX STOCK CODE: 1208)

(ASX STOCK CODE: MMG)

VOLUNTARY ANNOUNCEMENT

FINANCIAL UPDATE

MMG Limited (Company) is pleased to announce that the shareholders of Minera Las Bambas S.A. (Las Bambas) have resolved to use surplus funds to pre-pay a further US$500,000,000 of principal outstanding under the US$5,988,000,000 Project Facility that was established to finance the Las Bambas project.

The pre-payment will take effect on 31 January 2018 and is expected to result in an annualised interest saving on borrowings of approximately US$26,000,000, subject to prevailing LIBOR.

By order of the Board

MMG Limited

Jiao Jian

CEO and Executive Director

Hong Kong, 24 January 2018

As at the date of this announcement, the Board comprises nine directors, of which two are executive Directors, namely Mr Jiao Jian and Mr Xu Jiqing; three are non-executive Directors, namely Mr Guo Wenqing (Chairman), Mr Gao Xiaoyu and Mr Zhang Shuqiang; and four are independent non-executive Directors, namely Dr Peter William Cassidy, Mr Leung Cheuk Yan, Ms Jennifer Anne Seabrook and Professor Pei Ker Wei.

MMG Ltd. published this content on 24 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 January 2018 09:59:01 UTC.

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