09:58     DATANG POWER<00991> - Announcement (4)                              

    Honghe power generation project;                                          
                                                                              
    (d)     approximately RMB854 million to complete the Datang Pengshui      
    hydropower generation project;                                            
                                                                              
    (e)     approximately RMB547 million to complete phase III of the         
    Datang Tuoketuo power generation project;                                 
                                                                              
    (f)     approximately RMB1,089 million to complete the Datang             
    Chaozhou power generation project;                                        
                                                                              
    (g)     approximately RMB235 million to complete phase I of the Datang    
    Ningde power generation project; and                                      
                                                                              
    (h)     approximately RMB506 million to complete phase I of the Datang    
    Wushashan power generation project.                                       
                                                                              
    The remaining balance of the proceeds from the A Shares Issue,            
    if any, will be used as working capital of the Company and to             
    development other projects to be approved by the Board and the            
    relevant government authorities in the PRC and further                    
    announcement will be made in compliance with the Listing Rules            
    as and when required. To the extent that the proceeds of the              
    A Shares Issue are not sufficient to fund the above projects,             
    the Company will use its internal resources if necessary.                 
                                                                              
    Further details in respect of the use of proceeds will be                 
    disclosed in the circular to be despatched to the shareholders            
    of the Company.                                                           
                                                                              
    Shareholders' approvals passed at the 2004 EGM and the 2004 CSMs          
    and the refreshment of such approvals                                     
                                                                              
    The A Shares Issue and all ancillary matters (including the               
    proposed amendments to be made to the articles of association             
    of the Company in connection with, and to cater for, the A Shares         
    Issue) were conditionally approved by way of special resolutions          
    passed at the 2004 EGM and the 2004 CSMs. These resolutions were,         
    in compliance with and as legally required under the relevant             
    PRC laws, passed with effect for a period of one year from the            
    date of the 2004 EGM and the 2004 CSMs, both expiring on 21 June          
    2005.                                                                     
                                                                              
    As at the date of this announcement, the Company had applied              
    to the CSRC for the A Shares Issue and the CSRC had indicated             
    on 1 April 2005 its acceptance to review such application. The            
    A Shares Issue is, as at the date hereof, not completed, and              
    the Company will endeavour to complete the A Shares Issue as              
    soon as practicable. In the circumstances, the Board has, in              
    compliance with the relevant PRC laws and regulations, resolved           
    to seek approval from the Company's shareholders, by way of               
    special resolutions to be sought at the 2004 AGM and the 2005             
    CSMs, to approve the following:                                           
                                                                              
    (a)     conditional on the passing of the resolution as set out in        
    paragraph (b) below, to refresh the validity period of all                
    relevant resolutions relating to the A Shares Issue and referred          
    to in special resolutions numbered 1 (save as the Private                 
    Placement Arrangements) in the notice of the 2004 EGM and the             
    2004 CSMs, both dated 6 May 2004 issued by the Company, in the            
    same structure and manner and in essentially identical terms              
    as those considered and passed at the 2004 EGM and the 2004 CSMs          
    for a further one year; and                                               
                                                                              
    (b)     conditional on the passing of the resolution as set out in        
    paragraph (a) above, to refresh the validity period of the                
    Private Placement Arrangements considered and passed at the 2004          
    EGM and the 2004 CSMs for a further one year.                             
                                                                              
    CDGC and TJIC and their respective associates will