JINAN IRON AND STEEL CO., LTD (600022)

Financial Highlights of the 1Q 2008 Report

1.Revenue: RMB 10,227,837,542.46
2.Operating profit: RMB 525,839,011.45
3.Net profit: RMB 392,548,447.44
4.EPS: RMB 0.2900
5.Shareholder equity: RMB 5,959,579,985.55
6.Cumulative profit available for distribution to shareholders: RMB 2,430,547,131.89

Board of Directors
Jinan Iron and Steel Co. Ltd
17 Apr 2008

CN01/JC/BT/GB


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