Date of announcement 2016/09/21
Time of announcement 10:42:47

Date of events 2016/09/21
To which item it meets paragraph 49
Statement
1.Date of occurrence of the event:2016/09/21
2.Company name: China Development Financial Holding
Corporation
3.Relationship to the Company (please enter ”head office” or
”subsidiaries”):head office
4.Reciprocal shareholding ratios:NA
5.Name of the reporting media:
(1)The Wall Street Journal Asia
(2)Economic Daily News A2
6.Content of the report:
(1)KKR announced Paul Yang's appointment as the Head of
Greater China Operations effective January 2017.
(2)Paul Yang will join KKR in January 2017.
7.Cause of occurrence:CDF clarified media reports
8.Countermeasures:none
9.Any other matters that need to be specified:
Paul Yang had conveyed his plan to leave the position
of President of CDF/CDIB for personal and family
reasons. Since Paul Yang will remain on the boards
of CDF/CDIB, the group continues to benefit from
Mr. Yang's international experience and does not
expect impact to its businesses and operations from
Mr. Yang's change in roles, and confirmation of
effective date will be published when available.