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(Stock Code: 603)

ANNOUNCEMENT

This announcement is made pursuant to Rule 13.09 of the Listing Rules and Inside Information
Provisions under Part XIVA of the SFO.
The Board is pleased to announce that on 11 January 2013, CCNG entered into the Exclusive Operating Right Agreement with Xinyi Construction Bureau, pursuant to which Xinyi Construction Bureau has agreed to extend the city piped gas exclusive operating right of CCNG to part of the regions of Xinyi Economic Development Zone located at the south and west of the 323 provincial highway, together with Qipan administrative region and Qipan industrial centralized zone in Xinyi City for a term of 30 years.
Through the use of the city piped gas exclusive operating right, the Group will further develop its domestic gas market, strengthen and expand its market share of domestic natural gas business.
This announcement is made pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong) (the "SFO").

EXCLUSIVE OPERATING RIGHT AGREEMENT

The board (the "Board") of directors (the "Directors") of China Oil And Gas Group Limited (the
"Company", together with its subsidiaries referred to as the "Group"), is pleased to announce that on 11 January 2013,