104.69 Mln H-shares Frozen

According to the outcome of an investigation into certain equities held by parties in possession of the company's H-shares, on 24 Sept 2008, the Supreme Court of Hong Kong deemed it necessary to freeze 104.69 mln H-shares of the company, currently held by several securities brokerages.

The company is currently considering a reasonable settlement for the frozen 104.69 mln H-shares, which account for 22.78% of the company's total H-shares outstanding as of the date of this announcement. Additional information pertaining to progress in the matter will be disclosed in a timely manner as it becomes available.

Board of Directors
15 Oct 2008


Source: Securities Times
16 Oct 2008

CN01/SS/MR/JE/KM