000792

QINGHAI SALT LAKE POTASH CO.,LTD (000792)

Zhang Baohong Elected BOS Chairman

At the 5th Meeting of the 4th Board of Supervisors, held on 28 Oct 2008, the following proposals were examined and approved:

1. to elect Zhang Baohong as Chairman of the 4th Board of Supervisors
2. to examine the 3Q 2008 Report
The content and compilation of the 3Q 2008 Report is in compliance with relevant regulations. Its content truly reflects the company's financial status and performance. Personnel involved in the preparation and examination of the report do not include any misconduct that will impact the interests of the company or investors.

Board of Supervisors
28 Oct 2008

Source: Securities Times

Date: 30 Oct 2008

CN01/ZZ /SW/NK/KM