Almana Limited — Proxy Solicitation & Information Statement 2008

May 26, 2008

==> picture [55 x 62] intentionally omitted <==

China Asean Resources Limited

(Incorporated in Bermuda with limited liability)

(Stock Code: 8186)

FORM OF PROXY

Annual General Meeting to be held at Grand Hyatt Hong Kong, 1 Harbour Road, Hong Kong on Wednesday, 18 June 2008 at 10:00 a.m.

I/We[1]

of

being the registered holder(s) of[2] shares of HK$0.01 each in the capital of China Asean Resources Limited (the “Company”), hereby appoint[3]

of

or failing him, the Chairman of the meeting, as my/our proxy to attend on my/our behalf at the Annual General Meeting (and at any adjournment thereof) of the Company to vote for me/us in my/our name(s) in respect of the resolutions referred to in the Notice of the Annual General Meeting (with or without modifications) in the manner as hereunder indicated and if no such indication is given, as my/our proxy thinks fit.

			Resolutions	Resolutions	For4	For4	Against4	Against4
	ORDINARY BUSINESS
1.	To receive and adopt the audited Consolidated Financial Statements of the Company and
	its subsidiaries and the Reports of the Directors			and the Auditors for the year ended 31
	December 2007.
2A.	To re-elect Mr. Zhang Zhenzhong as		a Director.
2B.	To re-elect Mr. Leung Sze Yuan, Alan as a Director.
2C.	To re-elect Mr. Tam Wai Leung, Joseph as a Director.
2D.	To authorise the Board of the Company to fix the Directors’ remuneration.
3.	To re-appoint the Company’s auditors and			to authorise the Board to fix their
	remuneration.
	SPECIAL BUSINESS: ORDINARY RESOULUTION
4.	To grant a general mandate to the		directors to issue, allot and otherwise deal with
	additional shares of the Company not exceeding 20% of the aggregate nominal amount
	of the existing issued share capital of the Company on the date of passing this
	resolution.
5.	To grant a general mandate to	the directors to		repurchase shares of the Company not
	exceeding 10% of the aggregate nominal amount of the issued share capital of the
	Company on the date of passing this resolution.
6.	To extend the general mandate granted to the directors under resolution no. 4 by the
	nominal amount of the shares repurchased by the Company under the general mandate
	granted under resolution no. 5.
7.	To approve the refreshment of limit on the grant of options under the share option
	scheme of the Company.

Dated

Signature(s)[7]

Notes:

1. Full name(s) and address(es) to be inserted in BLOCK CAPITALS . The names of all joint holders should be stated.

2. Please insert the number of shares of HK$0.01 each in the capital of the Company registered in your name(s). If no number is inserted, this form of proxy will be deemed to relate to all the shares in the capital of the Company registered in your name(s).

3. Full name and address of the proxy (who must be an individual) to be inserted in BLOCK CAPITALS. IF NOT COMPLETED, THE CHAIRMAN OF THE MEETING WILL ACT AS YOUR PROXY. Shareholders are entitled to appoint a proxy of his/her own choice.

4. IMPORTANT:TO VOTE AGAINSTIF YOUANYWISHRESOLUTION,TO VOTE FORPUTANYA ‘ � RESOLUTION,’ IN THE BOX MARKEDPUT A ‘ � ’ “Against”IN THE BOXBESIDEMARKEDTHE APPROPRIATE“For” BESIDE THERESOLUTIONAPPROPRIATE . If no RESOLUTION. direction is given, IF the YOU proxy WISH will be entitled to vote or abstain as he thinks fit. The proxy will be entitled to vote or abstain at his discretion on any resolution properly put to the meeting other than those referred to in the notice convening the meeting.

5. To be valid, this form of proxy, together with any power of attorney or other authority (if any) under which it is signed (or a notarially certified copy thereof) must be deposited at the Company’s Share registrar, that is Computershare Hong Kong Investors Services Limited at Rooms 1806-7, 18th Floor, Hopewell Centre, 183 Queen’s Road East, Hong Kong not less than 48 hours before the time appointed for the holding of the meeting or any adjourned meeting.

6. If more than one joint holders of a share are present at the meeting personally or by proxy, the joint holder so present whose name stands first on the register of members in respect of such share, shall alone be entitled to vote.

7. This form of proxy must be signed by you or your attorney duly authorised in writing or, if you are a corporation, must either be executed under seal or under the hand of an officer, attorney or other person duly authorised.

8. The proxy need not be a member of the Company.

9. Completion and delivery of this form of proxy shall not preclude you from attending and voting in person if you so wish.

10. Any alterations to this form of proxy must be initialled by the person who signs it.