Warrant Exercise Price Adjusted to RMB 7.08

In compliance with relevant regulations, on 24 Sept 2008, the ex-right date for the company's 1H 2008 dividend distribution from its capital reserve, the exercise ratio of the company's Rizhao CWB1 Warrants (code: 580015) was adjusted to 1:2, while the exercise price was adjusted to RMB 7.08.

Board of Directors
24 Sept 2008


Source: Shanghai Stock Exchange

Date: 24 Sept 2008

CN01/VW/DM/BT/KM