No Share Reform Proposed

As of the date of this announcement, no share reform scheme has been put forth by holders of the company's non-tradable shares and no sponsoring institution has been retained for this purpose.

No share reform is foreseeable for the next 30 days. Investors are advised to exercise caution when dealing in the company's shares.

Board of Directors
8 Oct 2008


Source: Shanghai Stock Exchange

Date: 9 Oct 2008

CN01/NW/DM/NK/KM