At the 14th Meeting of the 3rd Board of Directors, a proposal was examined and approved to grant Beijing Jingfeng Gas Turbine Power Co., Ltd. a RMB 850 mln five-year fixed assets loan at an interest rate of 10% less than the benchmark interest rate. Beijing Energy Investment (Group) Co., Ltd. will provide a guarantee on the loan.

As legal representative of Beijing Jingfeng, Xing Huanlou is also a director of the company. Thus, the above-mentioned matter constitutes a related-party transaction.

Board of Directors
30 Oct 2008


Source: Shanghai Stock Exchange

Date: 30 Oct 2008

CN01/CJ/JL/NK/KM