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.

SINOPEC KANTONS HOLDINGS LIMITED

*

(incorporated in Bermuda with limited liability)

(Stock Code: 934) VOLUNTARY ANNOUNCEMENT CLOSING OF DISCLOSEABLE TRANSACTION IN RELATION TO ACQUISITION OF EQUITY INTEREST IN FUJAIRAH OIL TERMINAL FZC IN UNITED ARAB EMIRATES

References are made to the announcement of Sinopec Kantons Holding Limited (the "Company") dated
9 January 2012 regarding the discloseable transaction in relation to acquisition of equity interest in Fujairah Oil Terminal FZC in United Arab Emirates ("FOT"), and the announcement of the Company dated 31 December 2012 regarding the Pre-closing and expected closing of acquisition of an equity interest in and discloseable transaction in relation to equity contribution to FOT (the "Announcement"). Unless otherwise defined herein, terms used in this announcement shall have the same meaning as those defined in the Announcement.
The Board is pleased to announce that the Sale and Purchase Agreement was completed (that is, achieved Closing) on 3 January 2013, and the obligations of Sinomart Development and Concord HK under the Shareholder's Agreement became unconditional.
Following the Closing, FOT became an Associate of the Company under the HKFRS.
By order of the Board

Sinopec Kantons Holdings Limited Dai Zhao Ming

Chairman

Hong Kong, 3 January 2013

As at the date of this announcement, the Board comprises six executive Directors: Mr. Dai Zhao Ming, Mr. Zhu Zeng Qing, Mr. Zhu Jian Min, Mr. Tan Ke Fei, Mr. Zhou Feng, Mr. Ye Zhi Jun and three independent non-executive Directors: Mr. Wong Po Yam, Ms. Tam Wai Chu, Maria and Mr. Fong Chung, Mark.

* for identification purpose only

1

distributed by