Stock Information Corporate Contact Trading Symbol: 2112.HK Ms. Li Xiaolan Exchange: Hong Kong Deputy General Manager Outstanding Shares: 1,500,000,000 Suite 5602, 56/F, The Center Public Float Shares: 375,000,000 99 Queen’s Road Central

Central, Hong Kong enquiry@caamine.com Tel: +852 3918 5600

Overview CAA Resources Limited (Stock Code: 2112.HK) is a rapidly growing iron ore product company mining and selling high-quality mineral products to leading steel manufacturers in the Peoples Republic of China.

Based in Pahang, Malaysia, CAA combines its low-cost open-pit operation technology, key relationships with mining industry personnel in the PRC, and highly experienced management to capture the vast opportunities arising from the explosive growth of the iron ore market in China. CAA’s proximity to the PRC as compared to iron ore suppliers in Australia, India, South Africa and Brazil also gives the company a competitive edge. CAA’s premier mine is Project Ibam, among the most fertile and iron-rich mines in Malaysia with a certified Total Probable Reserve of 105 Megatons (Mt) and an average of 44.8 percent total iron (Fe) content – far higher than the 30 percent average total iron content of Chinese iron ores. Ibam, which accounted for 44 percent of CAA revenue in 2013, is expected to increase its annual iron ore production by 160 percent within two years and be active for at least 27 years.

Financial Performance and Outlook

In 2013, the company had revenue of USD$110,372,000, a 103 percent improvement on revenue of USD$54,323,000 for 2012. This increase was mainly due to the rising demand for the Company’s iron ore products from its PRC customers

In 2013, CAA sold 1,053,000 tons of iron ore products on dry basis as compared to 429,000 tons of iron ore products in 2012, representing a 146 percent increase. In 2013, products sold had an average iron ore grade of 56.6 percent and average selling price of USD$103 per ton on dry basis. Benefiting from this higher sales volume, CAA’s 2013 profit attributable to shareholders reached USD$19,745,000, a 90 percent improvement on the USD$10,404,000 profit attributable to shareholders recorded for 2012. In 2014, CAA should continue to benefit from the growth of the Chinese economy and from strong Chinese demand for iron ore products. With the completion of expansion plans at the Ibam Mine, the company should be optimally prepared to meet this expected increase in demand. CAA also plans to acquire a series of iron-rich mines in Malaysia, adding further to sustainable growth. Industry According to Chinese government data, in 2013 China imported 820 million tons of iron ore, up 10 percent from 2012. In 2014, iron ore imports are expected to rise to a record of 850 million tons as steel output pushes to new highs.

Steel consumption in China, which accounts for almost half of global steel consumption, grew by about 2 percent in 2013. The strengthening Chinese Yuan and dependence on

imports for higher-grade iron ores also contributed to the rally in demand.

According to the China Iron and Steel Association, China’s steel output will grow from about 760 million tons in 2013 to over 800 million tons in 2014 as fixed-asset investment and economic growth remains steady,

China’s economy is forecasted to grow at over 7 percent this year as the

nation tackles local-government debt and financial reforms, according to the median of 52 economists’ forecasts survey by Bloomberg Business News.

Management

Mr. LI Yang, Executive Director, Chairman and CEO, graduated from the College of Business of Eastern New Mexico. Mr. Li is CAA’s resident key management executive in Malaysia, responsible for the day-to-day business management, supervision of mining production, as well as strategic planning for the expansion of business. Mr. WANG Er, Executive Director and Production Supervisor, graduated from Henan Jiaozuo Mining Institute in the PRC and has 29 years experience in the mining industry. He is responsible for the daily operation and production of the Group’s mines. Mr. GONG Maoqing, Executive Director, is responsible for CAA’s geological prospecting and provides technical advice.

Ms. LI Xiaolan, Executive Director and Deputy General Manager, has 14 years of experience in accounting and is responsible for the financial management of the company and financial review of new projects.