RMB 14 Cash Dividend to be Paid

The convertible bonds with detachable warrants (Abbreviation: 06 Magang Bond; Code: 126001), issued by the company on 13 Nov 2006, will reach the expiration date of their two-year term on 12 Nov 2008. The bond coupon rate is 1.4%. The company will pay a cash dividend of RMB 14.00 (taxes included) for every lot of bonds held. Each lot has a face value of RMB 1000.

Record date: 12 Nov 2008
Ex-dividend and cash dividend payable date: 13 Nov 2008

Board of Directors
7 Nov 2008


Source: Shanghai Stock Exchange

Date: 7 Nov 2008

CN01/TW2/RL/JE/KM