Air China Regulatory News (AIRC)

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in reliance upon the whole or any part of the contents of this announcement.

Air China Limited

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

(Stock Code: 00753)

OVERSEAS REGULATORY ANNOUNCEMENT

This announcement is published pursuant to Rule 13.10B of the Rules Governing the Listing of

Securities on The Stock Exchange of Hong Kong Limited.

The attachment to this announcement is the following announcement of

Air China Limited published on the Shanghai Stock Exchange:

Announcement on the progress regarding the planning of non-public offering of shares

By order of the board

Air China Limited

Rao Xinyu Tam Shuit Mui

Joint Company Secretaries

Beijing, the PRC, 27 July 2015

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Ms. Wang Yinxiang, Mr. Cao Jianxiong, Mr. Feng Gang, Mr. John Robert Slosar, Mr. Ian Sai Cheung Shiu, Mr. Song Zhiyong, Mr. Fan Cheng, Mr. Fu Yang*, Mr. Pan Xiaojiang*, Mr. Simon To Chi Keung* and Mr. Stanley Hui Hon-chung*.

* Independent non-executive Director of the Company

Stock Code：601111 Stock Short Name：Air China No.: Lin 2015-027

AIR CHINA LIMITED

ANNOUNCEMENT ON THE PROGRESS OF THE PLANNING OF NON-PUBLIC OFFERING OF SHARES

Trading in the shares of Air China Limited (the "Company") has been suspended with effect from 30 June 2015 upon application by the Company due to the planning of non-public offering of A shares (the "Non-Public Offering"), and the Company published the Announcement on Suspension of Trading in the Shares of Air China Limited Regarding the Planning of Non-Public Offering of Shares, the Announcement on Continued Suspension of Trading in the Shares of Air China Limited Regarding the Planning of Non-Public Offering of Shares, the Announcement on Postponement of Resumption of Trading Regarding the Planning of Non-Public Offering of Shares and the Announcement on the Second Postponement of Resumption of Trading Regarding the Planning of Non-Public Offering of Shares on the website of Shanghai Stock Exchange (www.sse.com.cn), and on the China Securities Journal, Shanghai Securities News and Securities Daily on 30 June 2015, 7 July 2015, 14 July 2015 and 21 July 2015, respectively.

As at the date of this announcement, efforts have been made by the related parties in fully advancing the work regarding the Non-Public Offering, and the relevant progress is set out as follows:

The Company has actively communicated with relevant regulatory authorities, relevant shareholders and potential investors about the matters in relation to the Non-Public Offering. Brokers, lawyers, accountants and other intermediary agencies have almost finished the relevant due diligence work and the feasibility study on the proposal for the Non-Public Offering. The preliminary proposal for the Non-Public Offering has taken shape. The Company has decided to announce the proposal for the Non-Public Offering on 28 July 2015 after trading hours. An application for the resumption of trading of the shares of the Company on 29 July 2015 will be made pursuant to the relevant requirements of the Notice on the Regulation of Suspension and Resumption of Trading of Listed Companies for the Planning of Non-Public Offering.

The media for information disclosure designated by the Company are the website of the Shanghai Stock Exchange (www.sse.com.cn), the China Securities Journal, Shanghai Securities News and Securities Daily. Investors are advised to take note of the follow-up announcement of the Company and be aware of investment risks.

By order of the board

Rao Xinyu

Board Secretary

Beijing, the PRC, 27 July 2015