At the 10th Meeting of the 3rd Board of Directors, held on 15 Aug 2008, the following proposals were examined and approved:

1. management rules on the prevention of possible misappropriation of funds by the controlling shareholder and related parties
2. management rules on provision for asset impairment and asset write-off
3. management rules on external donations
Details pertaining to the proposals can be found on the China Info website (www.cninfo.com.cn), dated 18 Aug 2008.

Board of Directors
18 Aug 2008

Source: Securities Times

Date: 18 Aug 2008

CN01/NW/DM/BT/KM