China Hydroelectric Corporation Announces Director Resignation

        China Hydroelectric Corporation Announces Director Resignation

PR Newswire

BEIJING, Sept. 23, 2013

BEIJING, Sept. 23, 2013 /PRNewswire/ --China Hydroelectric Corporation (NYSE:
CHC, CHCWS) ("China Hydroelectric" or the "Company"), an owner, developer and
operator of small hydroelectric power projects in the People's Republic of
China, today announced that on September 17, 2013, Mr. Shadron Lee Stastney, a
director of the Company, informed the Company's Board of Directors (the
"Board") that he intended to resign from the Board with immediate effect and
not seek re-election at the Company's upcoming annual general meeting of
shareholders, which is scheduled for October 17, 2013. Mr. Stastney has been
a member of the Board since October 2012, and previously served as a director
of the Company from May 2007 to September 2012.Mr. Stastney is a member of
the compensation committee of the Board.Effective immediately, Mr. Stastney
will no longer serve on the Board and the compensation committee. Mr.
Stastney's decision to resign from the Board is not due to any disagreement
with the Company on any matter relating to the Company's operations, policies
or practices or any other concern regarding the Company. 

About China Hydroelectric Corporation

China Hydroelectric Corporation (NYSE: CHC, CHCWS) ("China Hydroelectric" or
"the Company") is an owner, developer and operator of small hydroelectric
power projects in China. Through its geographically diverse portfolio of
operating assets, the Company generates and sells electric power to local
power grids. The Company's primary business is to identify, evaluate, acquire,
develop, construct and finance hydroelectric power projects. The Company
currently owns 25 operating hydropower stations in China with total installed
capacity of 517.8 MW, of which it acquired 21 operating stations and
constructed four. These hydroelectric power projects are located in four
provinces: Zhejiang, Fujian, Yunnan and Sichuan. Hydropower is an important
factor in meeting China's electric power needs, accounting for approximately
22% of total nation-wide capacity.

For further information about China Hydroelectric, please visit the Company's
website at http://www.chinahydroelectric.com.

For more information, please contact:

China Hydroelectric Corporation
Scott Powell                          James Hull

Investor Relations and Corporate      Financial Analyst
Communications
                                      Phone (China): +86-10-6408-2341
Phone (U.S.): +1-646-650-1351
                                      Email: james.hull@chinahydroelectric.com
Email: ir@china-hydro.com
ICR, LLC

Gary Dvorchak, CFA

Senior Vice President

Phone (China): +86-10-6583-7500

Phone (U.S.): +1 (310) 954-1123

Email: gary.dvorchak@icrinc.com

SOURCE China Hydroelectric Corporation

Website: http://www.chinahydroelectric.com
 
Press spacebar to pause and continue. Press esc to stop.