The shareholders of China Natural Investment Company Limited (SEHK:8250) authorized a share repurchase program at the Annual General Meeting on January 8, 2013. Under the plan, the company will repurchase up to 266,250,233 shares, representing 10% of its issued share capital. Any repurchase will be made out of funds which are legally available for such purpose in accordance with its Memorandum and Articles, the Companies Law and other applicable laws of the Cayman Islands.

The purpose of this repurchase program is to enhance the net asset value and/or the earnings per share of the company. The share buyback program shall be valid until the earliest of the conclusion of the next Annual General Meeting, or the expiration of the period within which the next Annual General Meeting of the company is required by the bye-laws of company to be held or the passing of an ordinary resolution by the shareholders of the company in general meeting revoking or varying the authority given to the directors of the company by this resolution. As of January 8, 2013, the company has 2,662,502,338 shares in issue.