At the 2nd Meeting of the 7th Board of Directors, held on 11 Jul 2008, a proposal related to corporate governance enhancement and a statement on misappropriated funds were examined and approved. Detailed information can be found on the website of Shanghai Stock Exchange (www.sse.com.cn) on 15 Jul 2008.

Board of Directors
15 Jul 2008

Source: Shanghai Stock Exchange

Date: 15 Jul 2008

CN01/SS/DM/AR/KM