Notice Of The Shenzhen Stock Exchange On Stamp Tax Rate Adjustments For Members

Upon approval of the State Council, the Ministry of Finance and the State Taxation Administration decide to lower the stamp tax rates on securities (stocks) trading from the current 3‰ to 1‰, starting from April 24, 2008. For all the stake transfer deeds regarding the trading, inheritance, bestowal of A- and B-shares, both signing parties of such deeds shall each pay the securities (stocks) stamp tax at the adjusted rate of 1‰.

All the members of the SZSE shall make according arrangements properly and contact the exchange immediately in case of any problems.