HUANENG POWER INTERNATIONAL, INC FIRST QUARTER NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS INCREASED BY 86.96%

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1 To: Business Editor April 24, 2018 (For immediate release) HUANENG POWER INTERNATIONAL, INC FIRST QUARTER NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS INCREASED BY 86.96% (Beijing, China, April 24, 2018) Huaneng Power International, Inc. ( HPI, or the Company ) (NYSE: HNP; HKEx: 902; SSE: ) today announced its unaudited operating results prepared in accordance with the PRC GAAP for the three months ended March 31, For the first quarter of 2018, the Company and its subsidiaries recorded consolidated operating revenue of RMB billion (equivalent to approximately USD billion), representing an increase of 15.11% compared to the same period of last year. The net profit attributable to equity holders of the Company was RMB billion (equivalent to approximately USD billion), representing an increase of 86.96% compared to the same period of last year. The earnings per share was RMB 0.08 and earnings per ADS amounted to RMB 3.04 (equivalent to approximately USD 0.48). The main reasons for the increase of the net profit are the increase of the power generation and the rise of the electricity price. ~ End ~ Encl: The unaudited summary financial information of the Company for the three months ended March 31, The summary financial information is published under the listing regulations of the China Securities Regulatory Commission. The summary financial information was prepared in accordance with the Accounting Standards for Business Enterprises of the People s Republic of China ( PRC GAAP ), which differs from the International Financial Reporting Standards ( IFRS ) and the accounting principles generally accepted in the United States of America ( US GAAP ). No reconciliation with IFRS or US GAAP has been made in the presentation of the summary financial information.

2 About Huaneng Power International, Inc. Huaneng Power International, Inc. is one of China's largest listed power producers with controlled generation capacity of 104,301 MW and equity-based generation capacity of 91,783MW. The power plants of the Company are located in 26 provinces, autonomous regions and municipalities in China. The Company also has a wholly-owned power company in Singapore. For enquiries, please contact: Huaneng Power International, Inc. Ms. MENG Jing / Ms. ZHAO Lin Tel: (8610) / Fax: (8610) zqb@hpi.com.cn Wonderful Sky Financial Group Limited Ms. Crystal Hua / Ms. Christina Chong Tel: (852) / (852) Fax: (852) po@wsfg.hk / crystalhuay@wsfg.hk

3 UNAUDITED CONSOLIDATED BALANCE SHEETS AS AT 31 MARCH, 2018 (Amounts expressed in thousands) 31 March, December, 2017 ASSETS CURRENT ASSETS Cash 15,999,789 2,544,455 9,364,823 Derivative financial assets 167,809 26, ,364 Notes receivable 4,050, ,075 3,610,928 Accounts receivable 21,373,097 3,398,975 21,836,667 Advances to suppliers 585,099 93, ,611 Interest receivables 22,265 3,541 22,315 Dividends receivable 273,897 43, ,897 Other receivables 1,438, ,755 1,508,213 Inventories 8,311,518 1,321,785 7,385,411 Current portion of non-current assets 779, , ,035 Other current assets 2,629, ,207 2,934,446 Total current assets 55,631,363 8,847,086 48,537,710 NON-CURRENT ASSETS Available-for-sale financial assets 2,081, ,029 1,654,993 Derivative financial assets 42,167 6,706 75,328 Long-term receivables 1,253, ,377 1,256,565 Long-term equity investment 19,739,596 3,139,199 19,317,254 Fixed assets 242,978,852 38,641, ,079,482 Fixed assets pending for disposal 2, ,069 Construction-in-progress 25,011,607 3,977,610 26,396,755 Construction materials 1,944, ,177 1,950,762 Intangible assets 13,584,521 2,160,354 13,728,223 Goodwill 11,965,859 1,902,937 12,156,416 Long-term deferred expenses 273,351 43, ,081 Deferred income tax assets 2,853, ,775 2,980,303 Investment property 219,809 34, ,406 Other non-current assets 5,009, ,654 5,061,381 Total non-current assets 326,960,521 51,996, ,156,018 TOTAL ASSETS 382,591,884 60,843, ,693,728

4 UNAUDITED CONSOLIDATED BALANCE SHEETS AS AT 31 MARCH, 2018 (Amounts expressed in thousands) 31 March, December, 2017 LIABILITIES AND EQUITY HOLDERS EQUITY CURRENT LIABILITIES Short-term loans 66,044,210 10,503,047 80,251,348 Derivative financial liabilities 65,231 10,374 62,178 Notes payable 1,927, ,535 1,732,190 Accounts payable 15,611,749 2,482,745 13,764,285 Advances from customers 779, ,956 1,504,926 Salary and welfare payables 596,322 94, ,511 Taxes payable 1,255, ,702 1,302,210 Interest payables 1,109, , ,302 Dividends payable 1,311, ,611 1,735,426 Other payables 17,413,731 2,769,315 19,876,179 Current portion of non-current liabilities 24,590,359 3,910,618 22,630,840 Provision 45,795 7,283 36,738 Short-term bonds payable 19,140,700 3,043,956 11,068,357 Other current liabilities 392,904 62, ,002 Total current liabilities 150,285,153 23,899, ,950,492 NON-CURRENT LIABILITIES Long-term loans 114,663,934 18,235, ,030,958 Derivative financial liabilities 85,294 13, ,486 Bonds payable 15,976,026 2,540,676 15,993,833 Long-term payables 1,769, ,398 1,853,524 Long-term Salary and welfare payables 77,169 12,272 77,234 Specific accounts payable 127,723 20,312 34,607 Provision 52,444 8,340 52,444 Deferred income 3,981, ,137 4,064,532 Deferred income tax liabilities 1,227, ,136 1,283,950 Total non-current liabilities 137,960,307 21,939, ,539,568 TOTAL LIABILITIES 288,245,460 45,839, ,490,060 EQUITY HOLDERS EQUITY Share capital 15,200,383 2,417,325 15,200,383 Perpetual corporate bonds 5,131, ,073 5,068,550 Capital surplus 14,913,238 2,371,660 14,913,238 Other comprehensive income 109,697 17, ,016 Including:Currency translation differences (908,340) (144,454) (599,692) Special reserves 59,648 9,486 55,773 Surplus reserves 8,186,275 1,301,868 8,186,275 Undistributed profits 33,120,903 5,267,235 31,965,106 Equity holder s equity attributable to equity holders of the Company 76,721,694 12,201,093 75,533,341 Non-controlling interests 17,624,730 2,802,871 16,670,327 Total equity holders equity 94,346,424 15,003,964 92,203,668 TOTAL LIABILITIES AND EQUITY HOLDER'S EQUITY 382,591,884 60,843, ,693,728 For the convenience of the reader, translation of amounts from Renminbi (Rmb) into United States dollars (US$) has been made at the rate of US$1.00=Rmb announced by the People's Bank of China on March 30, No representation is made that Renminbi amounts could have been, or could be, converted into United States dollars at that rate as at March 30, 2018, or at any other certain rate.

5 UNAUDITED CONSOLIDATED INCOME STATEMENTS FOR THE FIRST QUARTER ENDED 31 March, 2018 (Amounts expressed in thousands, except per share data) For the first quarter ended 31 March Operating revenue 43,255,637 6,878,968 37,577,079 Less: Operating cost 37,422,399 5,951,305 32,953,325 Tax and levies 466,519 74, ,714 Selling expenses 6, ,802 General and administrative expenses 899, , ,601 Financial expenses 2,444, ,793 2,176,397 Impairment (reversal)/ loss (1,032) (164) 174 Add: Loss on fair value changes of financial assets/liabilities (386) (61) (6,760) Investment income 218,032 34, ,993 Including: Investment income from associates and joint ventures 215,450 34,263 94,947 Net profit on disposals of assets 2, Other income 91,412 14, , Operating profit 2,329, ,455 1,453,430 Add:Non-operating income 18,891 3,004 17,314 Less:Non-operating expenses 7,676 1,221 7, Profit before taxation 2,340, ,238 1,462,917 Less: Income tax expense 612,735 97, , Net profit 1,727, , ,898 (1) Classification according to the continuity of operation Continuous operating net profit 1,727, , ,898 (2) Classification according to ownership Attributable to: Equity holders of the Company 1,218, , ,979 Non-controlling interests 508,968 80, , Earnings per share (based on the net profit attributable to share holders of the Company) (expressed in RMB per share) - Basic earnings per share Diluted earnings per share Other comprehensive (loss)/income (374,460) (59,551) 215, Total comprehensive income 1,353, ,244 1,185,660 Attributable to: Equity holders of the Company 864, , ,519 Non-controlling interests 488,773 77, ,141 For the convenience of the reader, translation of amounts from Renminbi (Rmb) into United States dollars (US$) has been made at the rate of US$1.00=Rmb announced by the People's Bank of China on March 30, No representation is made that Renminbi amounts could have been, or could be, converted into United States dollars at that rate as at March 30, 2018, or at any other certain rate.