HUANENG POWER<00902> - Results Announcement (Summary)

Huaneng Power International, Inc. announced on 12/3/2002:
(stock code: 902)
Year end date: 31/12/2001
Currency: RMB                                               (Audited)
                                           (Audited)        Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/1/2001    from 1/1/2000
                                           to 31/12/2001    to 31/12/2000
                                           ('000)           ('000)
Turnover                                 : 15,791,362       12,553,254
Profit/(Loss) from Operations            : 5,127,115        3,986,621
Finance cost                             : (909,296)        (1,059,589)
Share of Profit/(Loss) of Associates     : (5,381)          -
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : 3,450,658        2,515,830
% Change over Last Period                : +37.2%
EPS/(LPS)-Basic                          : RMB0.61          RMB0.45
         -Diluted                        : RMB0.60          RMB0.44
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : 3,450,658        2,515,830
Final Dividend per H Share               : RMB0.30          RMB0.22
(Specify if with other options)          : N/A              N/A
B/C Dates for Final Dividend             : to be advised
Payable Date                             : before 30/6/2002
B/C Dates for Annual General Meeting     : to be advised
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 Rmb3,451 million and 
the weighted average number of 5,694 million ordinary shares in issue 
during the year.

On a diluted basis both net profit for the year attributable to 
shareholders and weighted average number of ordinary shares outstanding 
were adjusted on the assumption that the 1.75% convertible notes has been 
fully converted at the beginning of the year. Such adjusted net profit and 
weighted average number of ordinary shares were approximately Rmb3,580 
million and 6,009 million ordinary shares respectively.

(2) Prior Year Comparatives

Certain 2000 comparative figure has been reclassified to conform to the 
current year presentation.