China Railway Group Limited announced unaudited consolidated and company earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the consolidated total operating revenues were RMB 93,458,503,000 against RMB 57,077,486,000 a year ago. Profit from operations was RMB 2,181,576,000 against loss from operations of RMB 500,839,000 a year ago. Profit before tax was RMB 2,325,832,000 against loss before tax of RMB 455,468,000 a year ago. Net profit attributable to equity holders of the company was RMB 1,836,101,000 or RMB 0.09 per basic share against net loss attributable to equity holders of the company of RMB 563,764,000 or RMB 0.03 per basic share a year ago. For the nine months, the consolidated total operating revenues were RMB 241,378,768,000 against RMB 154,015,360,000 a year ago. Profit from operations was RMB 6,139,394,000 against RMB 2,121,016,000 a year ago. Profit before tax was RMB 6,381,007,000 against RMB 2,382,947,000 a year ago. Net profit attributable to equity holders of the company was RMB 4,923,383,000 or RMB 0.23 per basic share against RMB 1,355,523,000 or RMB 0.06 per basic share a year ago. Net cash flow from operating activities was RMB 1,028,227,000 against net cash flow used in operating activities of RMB 6,979,451,000 a year ago. The consolidated entity reported impairment losses of RMB 20,477,000 for the third quarter ended September 30, 2009. For the quarter, the company's total operating revenues were RMB 6,374,245,000 against RMB 3,896,403,000 a year ago. Profit from operations was RMB 499,621,000 against loss from operations of RMB 1,763,596,000 a year ago. Profit before tax was RMB 499,716,000 against loss before tax of RMB 1,763,438,000 a year ago. Net profit was RMB 499,716,000 against net loss of RMB 1,556,149,000 a year ago. For the nine months, the company's total operating revenues were RMB 16,237,973,000 against RMB 8,044,199,000 a year ago. Profit from operations was RMB 4,057,556,000 against loss from operations of RMB 1,732,192,000 a year ago. Profit before tax was RMB 4,057,274,000 against loss before tax of RMB 1,734,259,000 a year ago. Net profit was RMB 3,907,952,000 against net loss of RMB 1,543,022,000 a year ago. Net cash flow used in operating activities was RMB 10,418,974,000 against net cash flow from operating activities of RMB 110,424,000 a year ago.

China Railway Group Limited, Board Meeting, Oct 29, 2009 Agenda: To approve third quarter results of the company and its subsidiaries for the nine months ended September 30, 2009.

China Railway Group Limited reported earnings results for the first six months ended June 30, 2009. Basic earnings per share were RMB 0.145 against RMB 0.090 last year. Investments on purchase of intangible assets were RMB 1,773 million against RMB 1,784 million last year. Acquisition of property, plant and equipment contracted but not provided for was RMB 12,593 million at June 30, 2009 against RMB 9,829 million at December 31, 2008. According to relevant agreements, the Group has the following commitments: capital contribution to jointly controlled entities was RMB 20,418 million at June 30, 2009 against RMB 21,216 million at December 31, 2008.