60% Stake Purchase Approved

At the 1st 2008 Extraordinary General Meeting of Shareholders, held on 11 Aug 2008, a proposal was examined and approved to purchase a 60% stake in Shanghai Metglas Zhixin Amorphous Metals Co., Ltd.

Board of Directors
11 Aug 2008


Source: Shanghai Stock Exchange

Date: 12 Aug 2008

CN01/SC/LZ/BT/KM