At the 2nd Meeting of the 7th Board of Directors, held on 17 Jul 2008, the Report on Rectification of Corporate Governance was examined and approved.

Detailed information pertaining to the report can be found on the website of the Shanghai Stock Exchange (www.sse.com.cn) dated 18 Jul 2008.

Board of Directors
18 Jul 2008

Source: Shanghai Stock Exchange

Date: 18 Jul 2008

CN01/FL/DM/BT/KM