Kunlun Energy : Announcements and Notices - Annual General Meeting Held on 24 May 2018 Poll Results

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(Stock Code: 00135.HK)

ANNUAL GENERAL MEETING HELD

ON 24 MAY 2018 - POLL RESULTS

The board of directors the Company is pleased to announce that all the resolutions as set out in the Notice of the AGM dated 10 April 2018 were duly passed by the shareholders of the Company by way of poll as ordinary resolutions at the AGM held on 24 May 2018.

Reference is made to the notice of the annual general meeting (the "AGM") of Kunlun Energy Company Limited (the "Company") dated 10 April 2018 (the "Notice"). Unless otherwise defined herein, terms used in this announcement shall have the same meanings as those defined in the Notice.

The poll results in respect of the resolutions proposed at the AGM of the Company held on 24 May 2018 were as follows:

ORDINARY RESOLUTIONS	FOR	AGAINST
1. To receive, consider and adopt the audited Financial Statement and the Reports of the Directors and Auditors for the year ended 31 December 2017.	6,211,556,468 (99.99%)	17 (0.01%)
2. To declare and pay a final dividend of RMB21.0 cents per ordinary share of the Company for the year ended 31 December 2017, to be paid in Hong Kong dollars at HK25.8 cents per ordinary share of the Company.	6,212,838,468 (99.99%)	17 (0.01%)
3. (A)To re-elect Mr. Ling Xiao as an executive director of the Company.	6,102,941,134 (98.23%)	109,897,351 (1.77%)
(B) To re-elect Mr. Zhou Yuanhong as an executive director of the Company.	6,192,514,071 (99.67%)	20,324,414 (0.33%)
(C)To re-elect Mr. Miao Yong as an executive director of the Company.	6,192,514,071 (99.67%)	20,324,414 (0.33%)
4. To authorise the directors of the Company to fix the remuneration of the directors of the Company for the year ending 31 December 2018.	6,212,716,086 (99.99%)	122,399 (0.01%)
5. To appoint KPMG as the auditor of the Company for the ensuing year and to authorise the directors of the Company to fix their remuneration.	6,211,344,468 (99.98%)	1,494,017 (0.02%)
6. To approve the share issue mandate (ordinary resolution no. 6 of the Notice)	4,843,432,227 (77.96%)	1,369,406,258 (22.04%)
7. To approve the share repurchase mandate (ordinary resolution no. 7 of the Notice).	6,212,838,468 (99.99%)	17 (0.01%)
8. To approve extension of the share issue mandate under ordinary resolution no. 6 by the number of shares repurchased under ordinary resolution no. 7 (ordinary resolution no. 8 of the Notice).	4,850,775,014 (78.08%)	1,362,013,471 (21.92%)
As more than 50% of the votes were cast in favour of resolutions nos. 1-8 above, resolutions nos. 1-8 were duly passed as ordinary resolutions.

As at the date of the AGM, the issued share capital of the Company was 8,072,390,303 shares, which was the total number of shares entitling the holders to attend and vote for or against all the resolutions proposed at the AGM. The total number of shares entitling the holders to attend and abstain from voting in favour as set out in Rule 13.40 of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited at the AGM was nil. The total number of shares entitling the holders to abstain from voting under the Listing Rules was nil.

Tricor Secretaries Limited, the Registrars of the Company, acted as the scrutineer for the poll at the AGM.

By Order of the Board

Kunlun Energy Company Limited

Cheng Cheng

Company Secretary

Hong Kong, 24 May 2018

As at the date of this announcement, the board of directors comprises Ling Xiao as the Chairman and Executive Director, Mr. Zhao Yongqi as the Chief Executive Officer and Executive Director, Mr. Zhao Zhongxun as Executive Director, Mr. Zhou Yuanhong as Executive Director, Mr. Miao Yong as Executive Director, and Mr. Li Kwok Sing Aubrey, Dr. Liu Xiao Feng and Mr. Sun Patrick as Independent Non-Executive Directors.