At the 3rd 2008 Meeting of the 1st Board of Directors, held on 10 Jul 2008, a Statement on Rectification of Corporate Governance was examined and approved.

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

Board of Directors
16 Jul 2008

Source: Shanghai Stock Exchange

Date: 18 Jul 2008

CN01/MR/DM/BT/WH