TIDMAIRC

RNS Number : 0508S

Air China Ld

16 December 2016

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.

AIR CHINA LIMITED

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

(Stock Code:00753)

POLL RESULT OF EXTRAORDINARY GENERAL MEETING

The board of directors (the "Board") of Air China Limited (the "Company") is pleased to announce the result of the resolution passed at the extraordinary general meeting of the Company held on 15 December 2016 (the "EGM").

References are made to: (i) the announcement of the Company dated 30 August 2016 relating to the continuing connected transactions (the "Announcement"); (ii) the circular of the Company dated 14 September 2016 (the "Circular") containing details of the resolution tabled at the EGM; and (iii) the notice of the EGM dated 28 October 2016. Unless otherwise indicated, capitalised terms used in this announcement shall have the same meanings as those defined in the Circular.

The Board is pleased to announce that the proposed resolution set out in the notice of the EGM was duly passed by the shareholders of the Company (the "Shareholders") by way of poll at the EGM held on Thursday, 15 December 2016 at the Conference Room One, 29/F, Air China Building, 36 Xiaoyun Road, Chaoyang District, Beijing, the PRC.

RESULT OF THE EGM

As at the date of the EGM, the total number of shares issued by the Company was 13,084,751,004 shares.

Cathay Pacific, being a substantial shareholder of the Company and Air China Cargo Co., Ltd., has a material interest in the proposed resolution, and is required to abstain, and has abstained, from voting on the resolution at the EGM. As at the date of the EGM, Cathay Pacific held an aggregate of 2,633,725,455 shares. Accordingly, the total number of shares entitling the Independent Shareholders

to attend and vote for or against the proposed resolution was 10,451,025,549 shares. The Shareholders and authorised proxies holding in aggregate 7,626,715,706 shares, entitling them to vote for or against the proposed resolution, were present at the EGM.

Save as disclosed above, there were no other restrictions on any Shareholders to cast votes on the following resolution proposed at the EGM.

The poll result in respect of the proposed resolution at the EGM was as follows:

 
                                                            Votes for Shareholders 
---------------------------------------------------  -------------------------------- 
                               ORDINARY RESOLUTION          For              Against 
---------------------------------------------------  ---------------  --------------- 
  To consider and approve (i) the framework 
   agreement dated 30 August 2016 entered 
   into between the Company and Air 
   China Cargo Co., Ltd. in respect 
   of the continuing connected transactions 
   for the three years from 1 January 
   2017 to 31 December 2019 and (ii) 
   the proposed annual caps for the 
   continuing connected transactions 
   contemplated thereunder, the details 
   of which are set out in the Circular.               7,626,681,666         34,040 
                                                         (99.9996%)         (0.0004%) 
---------------------------------------------------  ---------------  --------------- 
 As more than 50% of the votes were cast in favour 
  of the above resolution, the resolution was duly passed 
  as an ordinary resolution. 
-------------------------------------------------------------------------------------

KPMG Huazhen LLP was the scrutineer for the vote-taking at the EGM.

By order of the Board

Air China Limited

   Rao Xinyu      Tam  Shuit Mui

Joint Company Secretaries

Beijing, the PRC, 15 December 2016

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. Cao Jianxiong, Mr. Feng Gang, Mr. John Robert Slosar, Mr. Ian Sai Cheung Shiu, Mr. Pan Xiaojiang*, Mr. Simon To Chi Keung*, Mr. Stanley Hui Hon-chung* and Mr. Li Dajin*.

   *     Independent  non-executive  director  of  the Company

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 16, 2016 03:00 ET (08:00 GMT)

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