Macau, 19 July 2018

Following the calculation method stated in the concession contract, the Tariff Clause Adjustment (TCA) in the third quarter of 2018 for CEM’s Tariff Group A, B, and C customers will be at 38 cents per kWh, with 1 cent per kWh mild increase in comparison with the previous quarter due to the international fuel oil price increase.

CEM will strive to maintain reasonable price, and provide stable and reliable power supply to Macau citizens through selecting the best energy mix and serving the local communities.