Provisions for Write-downs Approved

At the 29th Meeting of the 4th Board of Directors and the 11th Meeting of the 4th Board of Supervisors, both held on 21 Aug 2008, the following proposals were examined and approved:

1. provisions for write-downs on certain assets
2. the 2008 Semiannual Report and its Abstract

Board of Directors and Board of Supervisors
21 Aug 2008


Source: Shanghai Stock Exchange

Date: 25 Aug 2008

CN01/BG/JL/BT/KM