HUANENG POWER<0902> - Results Announcement

Huaneng Power International, Inc. announced on 14/3/2001:
(stock code: 902)
Year end date: 31/12/2000
Currency: Renminbi                                          (Audited)
                                           (Audited)        Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/1/2000    from 1/1/1999
                                           to 31/12/2000    to 31/12/1999
                                           ('000)           ('000)
Turnover                                 : 12,553,254       10,488,158
Profit/(Loss) from Operations            : 3,906,898        2,979,986
Finance cost                             : (979,866)        (727,256)
Share of Profit/(Loss) of Associates     : -                -
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : 2,515,830        1,868,175
% Change over Last Period                : +35%
EPS/(LPS)-Basic                          : RMB0.45          RMB0.33
         -Diluted                        : RMB0.44          N/A
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : 2,515,830        1,868,175
Final Dividend per H Share               : RMB0.22          RMB0.09
(Specify if with other options)          : -                -
B/C Dates for Final Dividend             : 23/4/2001 to 22/5/2001 bdi.
Payable Date                             : on or before 30/6/2001
B/C Dates for Annual General Meeting     : 23/4/2001 to 22/5/2001 bdi.
Other Distribution for Current Period    : N/A
B/C Dates for Other Distribution         : N/A

Remarks:

(1) Earnings Per Share

The calculation of earnings per share is based on the net profit for the 
year attributable to shareholders of approximately RMB2,516 million and 
the weighted average number of 5,650 million ordinary shares in issue 
during the year.

On a diluted basis, both net profit for the year attributable to 
shareholders and the weighted average number of ordinary shares 
outstanding were adjusted on the assumption that the convertible notes 
have been fully converted at the beginning of the year.  Such adjusted net 
profit and weighted average number of ordinary shares were approximately 
RMB2,638 million and 5,965 million shares respectively.

(2) Prior Year Comparatives

Certain 1999 comparative figures have been reclassified to conform to the 
current year presentation.