CMOC Capital Limited and China Molybdenum Co., Ltd. have entered into the Subscription Agreement with Standard Chartered Bank, Industrial Bank, China Everbright, China Minsheng, Ping An China Securities, Bank of China, CMB International, CNCB HK Capital, Yuanyin Securities, Haitong International and Orient Securities (Hong Kong) in connection with the Proposed Bonds Issuance in an aggregate principal amount of USD 300,000,000. The Bonds will be guaranteed by the China Molybdenum Co., Ltd. Subject to certain conditions to completion, the CMOC Capital Limited (Issuer) will issue the Bonds in an aggregate principal amount of USD 300,000,000 which will mature on 1 February 2022, unless earlier redeemed pursuant to the terms hereof. The offering price of the Bonds will be 100% of the principal amount of the Bonds. The Bonds will bear interest from and including 1 February 2019 at a rate of 5.48% per annum, payable semi-annually in arrear on 1 February and 1 August of each year, beginning on 1 August 2019.