Beijing Enterprises Water Group Limited — Proxy Solicitation & Information Statement 2012

Nov 30, 2012

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(Incorporated in Bermuda with limited liability)

(Stock Code: 371)

Proxy Form

Form of proxy for the special general meeting (the “Meeting”) to be held on Tuesday, 18 December 2012 at 3:00 p.m. (or any adjournment thereof)

I/We [(note][1)]

of

being the registered holder(s) of [(note][2)]

shares of HK$0.10 each in the capital of Beijing Enterprises

Water Group Limited, (the “ Company ”) HEREBY APPOINT [(note][3)]

of

or failing him, the chairman of the Meeting as my/our proxy to vote for me/us and on my/our behalf at the Meeting to be held at 66/F., Central Plaza, 18 Harbour Road, Wanchai, Hong Kong on Tuesday, 18 December 2012 at 3:00 p.m. and at any adjournment thereof in respect of the resolutions set out in the notice convening the Meeting dated 30 November 2012 in the manner as hereunder indicated, or, if no such indication is given, as my/our proxy thinks fit.

ORDINARY RESOLUTIONS FOR[(note][4)] AGAINST[(note][4)] 1. THAT subject to resolution numbered 2 below being passed, to approve, confirm and ratify the Proposed Asset Injection, the Proposed BE Water (Hainan) Transfer and the transactions contemplated under the Master Agreement (a copy of which has been tabled at the Meeting marked “A” and signed by the chairman of the Meeting for the purpose of identification), including the allotment and issue of the 776,810,838 new Consideration Shares at an issue price of HK$1.62 per Consideration Share, and to authorise the Directors to issue up to 776,810,838 new Consideration Shares at an issue price of HK$1.62 per Consideration Share and on the terms and conditions as set out in the Master Agreement; to authorise the Directors to do all such things and acts and sign all such documents which they consider desirable or expedient to implement and/or give effect to any matters in relation thereto or in connection therewith; and to authorise any one Director for and on behalf of the Company to do all such further acts and things and execute all such further documents and take all steps which in his opinion may be necessary, desirable or expedient to implement and/or give effect to the Proposed Asset Injection, the Proposed BE Water (Hainan) Transfer and all transactions contemplated under the Master Agreement including the allotment and issue of the Consideration Shares and to approve any changes and amendments thereto as such Director may consider necessary, desirable or expedient. 2. THAT the application for a waiver to the Executive for waiving the obligation of BE Environmental and parties acting in concert with it to extend a general offer to acquire all the issued Shares (excluding the Shares which are owned or agreed to be acquired by any of them) under Rule 26 of the Takeovers Code as a result of the Proposed Asset Injection, the Proposed BE Water (Hainan) Transfer and the Master Agreement be and is hereby approved and that the Directors be and are hereby authorised to do all things and acts and sign all documents which they consider desirable or expedient to implement and/or give full effect to any matters relating to or in connection with the Whitewash Waiver.

Dated this day of 2012 Signature [(note][6)]

Notes:

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

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

3. Insert in BLOCK CAPITALS the name and address of the proxy desired in the space provided. If no name is inserted, the chairman of the Meeting will act as your proxy. Any member entitled to attend and vote at the Meeting shall be entitled to appoint not more than two proxies to attend and, on a poll, vote instead of him. ANY ALTERATION MADE TO THIS FORM OF PROXY MUST BE INITIALLED BY THE PERSON WHO SIGNS IT.

4. IMPORTANT: IF YOU WISH TO VOTE “FOR” THE RESOLUTION, TICK IN THE BOX MARKED “FOR”, IF YOU WISH TO VOTE “AGAINST” THE RESOLUTION, TICK IN THE BOX MARKED “AGAINST”. Failure to complete any or all boxes will entitle your proxy to cast your vote at his/her discretion. Your proxy will also be entitled to vote at his/her 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 the power of attorney or other authority (if any) under which it is signed or a certified copy of such power or authority, must be deposited at the Company’s branch share registrar in Hong Kong, Tricor Tengis Limited, at 26/F., Tesbury Centre, 28 Queen’s Road East, Hong Kong, not less than 48 hours before the time appointed for holding the Meeting or any adjournment thereof.

6. This form of proxy must be signed by you or your attorney duly authorised in writing or, in the case of a corporation, must either be executed under its common seal or under the hand of any officer or attorney or other person duly authorised.

7. Where there are joint registered holders of any share, any one of such persons may vote at the Meeting, either personally or by proxy, in respect of such share as if he were solely entitled thereto, but if more than one of such joint holders is present at the Meeting, personally or by proxy, that one of the said persons so present whose name stands first on the register in respect of such share shall alone be entitled to vote in respect thereof.

8. The proxy need not be a member of the Company but must attend the Meeting in person to represent you.

9. Completion and deposit of the proxy form will not preclude you from attending and voting at the Meeting if you so wish.