At the 2nd Meeting of the 6th Board of Directors, held on 18 Jul 2008, rules of management on the possible misappropriation of funds by major shareholders and their subsidiaries and the Report on Rectification of Corporate Governance were examined and approved. Detailed information related to the issue can be found on the website of the Shanghai Stock Exchange (www.sse.com.cn) dated 19 Jul 2008.

Board of Directors
18 Jul 2008

Source: Shanghai Stock Exchange

Date: 21 Jul 2008

CN01/VL/MZ/BT/WH