Zhang Hao Resigns as Independent Director

As his term of office as independent director expires, Zhang Hao submitted his resignation on 7 Nov 2008, in compliance with relevant regulations.

The board of directors hereby express es its gratitude for Zhang's contributions during his terms of office.

Board of Directors
12 Nov 2008


Source: Shanghai Stock Exchange

Date: 12 Nov 2008

CN01/FL/JL/NK/KM