China Vanadium Titano Magnetite Mining : INSIDE INFORMATION FURTHER DEVELOPMENTS REGARDING DISRUPTION OF OPERATIONS OF MINE IN WENCHUAN COUNTY, ABA PREFECTURE, SICHUAN PROVINCE DUE TO NATURAL DISASTERS

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China Vanadium Titano-Magnetite Mining Company Limited

中 國 釩 鈦 磁 鐵 礦 業 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 00893)

INSIDE INFORMATION

FURTHER DEVELOPMENTS REGARDING DISRUPTION OF

OPERATIONS OF MINE IN

WENCHUAN COUNTY, ABA PREFECTURE,

SICHUAN PROVINCE DUE TO NATURAL DISASTERS

This announcement is made by China Vanadium Titano-Magnetite Mining Company Limited (the "Company", together with its subsidiaries, the "Group") 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 (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571, the Laws of Hong Kong). Reference is made to the announcements of the Company dated 23 August 2019 and 18 September 2019 (the "Announcements") in relation to the disruptive impacts of the Mudslides on the operations of the Group. Terms defined in the Announcements bear the same meanings in this announcement unless the context requires otherwise.

The Board wishes to update that the Group has progressively resumed its operations at the Maoling-Yanglongshan Mine as the access to Wenchuan County has been substantially restored. Following the resumption of the operations, safety inspections may more frequently be conducted at the Maoling-Yanglongshan Mine by both the local authority and the Group's internal technical team for operations and workplace safety.

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The information contained in this announcement is an interim assessment recently conducted by the management of the Company based on currently available information relating to the impacts of the Mudslides on the situation of the Maoling-Yanglongshan Mine. The Board will provide necessary updates if there is any material development regarding this matter.

By order of the Board

China Vanadium Titano-Magnetite Mining Company Limited

Teh Wing Kwan

Chairman

Hong Kong, 11 October 2019

As at the date of this announcement, the Board comprises Mr. Teh Wing Kwan (Chairman) as non-executive Director; Mr. Jiang Zhong Ping (Chief Executive Officer), Mr. Hao Xiemin (Financial Controller) and Mr. Wang Hu as executive Directors; Mr. Yu Haizong, Mr. Wu Wen and Mr. Liu Yi as independent non-executive Directors.

Website: www.chinavtmmining.com

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