09:21     DATANG POWER<00991> - Announcement (1)                              

    The Stock Exchange of Hong Kong Limited takes no responsibility           
    for the contents of this announcement, makes no representation            
    as to its accuracy or completeness and expressly disclaims any            
    liability whatsoever for any loss howsoever arising from or in            
    reliance upon the whole or any part of the contents of this               
    announcement.                                                             
                                                                              
    Datang International Power Generation Co., Ltd.                           
    (a sino-foreign joint stock limited company incorporated in the           
    People's Republic of China)                                               
    (Stock Code: 991)                                                         
                                                                              
    Connected Transaction                                                     
                                                                              
    Promotors Agreement                                                       
                                                                              
    Pursuant to the Promotors Agreement, the Company, CDGC, Huayin            
    Power, Guangxi Guiguan Power, Anhui Power, Datang Heilongjiang            
    Power, Datang Jilin Power, Datang Gansu Power, Datang Shanxi              
    Power, Datang Hebei Power, Longtan Hydropower, China National             
    Power Resources and Datang Power Fuel have agreed to jointly              
    establish China Datang Finance Co. China Datang Finance Co. will          
    be owned as to 20% by the Company, 52.5% by CDGC and 2.5% by              
    each of the Other Contracting Parties.                                    
                                                                              
    Connected transaction of the Company                                      
                                                                              
    As at the date of the Promotors Agreement, CDGC owns 35.43%               
    interests in the Company, 43.54% interests in Huayin Power and            
    more than 50% in each of the remaining Other Contracting Parties.         
    In this regard, CDGC and the Other Contracting Parties are                
    connected persons of the Company. Accordingly, the Promotors              
    Agreement constitutes a connected transaction for the Company             
    under the Listing Rules. As each of the percentage ratios (as             
    defined in Rule 14.07 of the Listing Rules) is less than 2.5%,            
    the Promotors Agreement is only subject to the reporting and              
    announcement requirements set out in Chapter 14A of the Listing           
    Rules. Relevant details will also be included in the next                 
    published annual report and accounts of the Company in accordance         
    with Rule 14A.45 of the Listing Rules.                                    
                                                                              
    PROMOTORS AGREEMENT                                                       
                                                                              
    Date                                                                      
                                                                              
    31 December 2004                                                          
                                                                              
    Parties                                                                   
                                                                              
    The Company, CDGC, Huayin Power, Guangxi Guiguan Power, Anhui             
    Power, Datang Heilongjiang Power, Datang Jilin Power, Datang              
    Gansu Power, Datang Shanxi Power, Datang Hebei Power, Longtan             
    Hydropower, China National Power Resources and Datang Power Fuel          
                                                                              
    Major terms of the Promotors Agreement                                    
                                                                              
    subject to the approval of the relevant PRC authorities including         
    SAIC. No condition precedent is attached to the Promotors                 
    Agreement                                                                 
                                                                              
    Registered capital of                                                     
    China Datang Finance Co.:       RMB500,000,000.00                         
                                                                              
    Shareholdings of China                                                    
    Datang Finance:         China Datang Finance Co. will be owned as to      
    20% by the Company, 52.5% by CDGC and 2.5% by each of the Other           
    Contracting Parties