Tuesday, June 10, 2008

Aluminum Corp. of China

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

(Stock Code: ACH) Document in pdf format: click here

OVERSEAS REGULATORY ANNOUNCEMENT

RESULTS OF THE ISSUE OF THE FIRST TRANCHE OF

MEDIUM-TERM BONDS IN 2008

This announcement is made pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. Aluminum Corporation of China Limited (the “Company”) and the board of directors of the Company (the “Board”) jointly and severally warrant the truthfulness, accuracy and completeness of the information disclosed herein, and accept the responsibilities for any misrepresentation or misleading statement contained in or material omission from this announcement.

As resolved at the annual general meeting of the Company convened on 9 May 2008, it was approved to issue medium-term bonds with a total principal amount of not less than RMB3 billion and not more than RMB10 billion (the “Medium-term Bonds”). Pursuant to the approval granted by the National Association of Financial Market Institutional Investors on 22 May 2008, the Company may issue medium-term bonds with a total principal amount of up to RMB10 billion in the People’s Republic of China by various tranches effective on or before 20 May 2010.

The issue of the first tranche of the Medium-term Bonds in 2008 was completed on 4 June 2008, results of which are summarized as follows:

Name of Medium-term Bonds

First Tranche of Medium-term Bonds of

Aluminum Corporation of China Limited in 2008

Abbreviation for Medium-term Bonds 08 Chalco MTN1 (08中鋁MTN1)

Code of Medium-term Bonds 0882016

Term of

3 years

Medium-term Bonds

Coupon at par Tender date for issue 4 June 2008

Total size issued RMB5 billion

Total size proposed

RMB5 billion

to be issued

RMB100 for

Issue price nominal value Annual interest rate 5.3%

of RMB100

Lead underwriter Bank of Communications Co., Ltd.

Usage of proceeds

To supplement mid-term working capital and

for swap of bank borrowings

— 3 —

Relevant documents in relation to the issue of the Medium-term Bonds have been published

on the websites of ChinaBond (http://www.chinabond.com.cn) and ChinaMoney

(http://www.chinamoney.com.cn), respectively.

The Board of Directors

Aluminum Corporation of China Limited*

10 June 2008

By order of the Board of

Aluminum Corporation of China Limited*

Liu Qiang

Company Secretary

Beijing, PRC

10 June 2008

As of the date of this announcement, the members of the Board comprise of Mr. Xiao Yaqing,

Mr. Luo Jianchuan, Mr. Chen Jihua and Mr. Liu Xiangmin (Executive Directors); Mr. Shi

Chungui (Non-executive Director); Mr. Kang Yi, Mr. Zhang Zhuoyuan, Mr. Wang Mengkui and

Mr. Zhu Demiao (Independent Non-executive Directors).

* For identification purpose only.


Do you like this free content? Click on the AD below to support us. Thank you!

Name
E-mail
Home page

Comment (HTML not allowed)  

Enter the code shown (prevents robots):