CK Life Sciences Int'l., (Holdings) Inc. — Proxy Solicitation & Information Statement 2001

Jul 10, 2001

(a joint stock limited company incorporated in the People's Republic of China)

NOTICE OF THE SECOND EXTRAORDINARY GENERAL MEETING FOR YEAR 2001

NOTICE IS HEREBY GIVEN that the second extraordinary general meeting of China Petroleum & Chemical Corporation (“Sinopec Corp.”) for year 2001 (“EGM”) will be held at the Conference Hall, 6th floor of the head office building of Sinopec Corp. at A6 Huixindong Street, Chaoyang District, Beijing 100029, China on Friday, 24th August, 2001 at 9:30 a.m. (or so soon thereafter as the extraordinary general meeting of Sinopec Corp. convened on that day in the same place in relation to the approval of the acquisition of Sinopec National Star Petroleum Company shall have concluded) for the purposes of considering and, if thought fit, passing the following resolutions which will be proposed as ordinary resolutions:

Ordinary resolutions

1. “THAT Mr Wang Yi be and is hereby appointed as a director of Sinopec Corp.”

2. “THAT Mr Zhang Enzhao be and is hereby appointed as a director of Sinopec Corp.”

The biographies of the two candidates are as follows:

WANG YI, male, was born in April 1956. In July 1982, he graduated from Beijing University specialising in Chinese history. In November 1984, he was a postgraduate of Beijing University specialising in modern Chinese history. In January 1998, he obtained a doctorate degree from Xinan Finance University specialising in economics. He is a Senior Economist. He started working in April 1971 and had been a worker at Kunming Steel Plant and Yunan Cereals and Oil Machinery Plant. In November 1984, he served as Assistant Lecturer at Beijing University. In October 1985, he served as Secretary to the Organ Affairs Administration of the State Council. In September 1992, he served as Deputy Director of the Securities Commission of the State Council. In October 1995, he served as Vice Chairman of China Securities Regulatory Commission. In January 1999, he served as Deputy Governor of the State Development Bank. Mr Wang has been engaged in policy research, financial securities management and guidance work for a long time and has extensive experience in management.

ZHANG ENZHAO, male, was born in December 1946. In July 1984, he graduated from Fudan University specialising in finance. From April 1985 to September 1985, he participated in the Advanced Corporate Management Course jointly organised by Shanghai Jiaotong University and the Chinese University of Hong Kong. He is a Senior Economist. Mr Zhang joined the Construction Bank in December 1964. In July 1984, he was the Deputy Governor of China Investment Bank Shanghai Branch. In January 1986, he served as Deputy Governor of China Construction Bank Shanghai Branch. In June 1987, he served as Governor of China Construction Bank Shanghai Branch. In September 1999, he was Deputy Governor of China Construction Bank. Mr Zhang has been engaged in financial management for a long time and has extensive experience in financial management.

By Order of the Board
Zhang HonglinCompany SecretaryBeijing, the PRC, 9th July, 2001

Notes:

1. Eligibility for attending the EGM

Holders of Sinopec Corp.'s H Shares whose names appear on the register of members maintained by Hong Kong Registrars Limited at the close of business on Wednesday, 25th July, 2001 and holders of domestic shares whose names appear on the domestic shares register maintained by Sinopec Corp. at the close of business on Wednesday, 25th July, 2001 are eligible to attend the EGM.

1. Proxy

(i) A member eligible to attend and vote at the EGM is entitled to appoint, in written form, one or more proxies to attend and vote on its behalf. A proxy need not be a shareholder.

(ii) A proxy should be appointed by a written instrument signed by the appointor or its attorney duly authorised in writing. If the form of proxy is signed by the attorney of the appointor, the power of attorney authorising that attorney to sign, or other authorisation document(s) must be notarised.

(iii) To be valid, the power of attorney or other authorisation document(s) which have been notarised together with the completed form of proxy must be delivered, in the case of holders of domestic shares, to Sinopec Corp. and, in the case of holders of H Shares, to Hong Kong Registrars Limited, not less than 24 hours before the time designated for holding of the EGM.

1. Registration procedures for attending the EGM

(i) A shareholder or his proxy shall produce proof of identity when attending the EGM. If a shareholder is a legal person, its legal representative or other persons authorised by the board of directors or other governing body of such shareholder may attend the EGM by producing a copy of the resolution of the board of directors or other governing body of such shareholder appointing such persons to attend the meeting.

(ii) Holders of H Shares and domestic shares intending to attend the EGM should return the reply slip for attending the EGM to Sinopec Corp. on or before Saturday, 4th August, 2001.

(iii) Shareholders may send the above reply slip to Sinopec Corp. in person, by post or by fax.

1. Closure of Register of Members

The register of members of Sinopec Corp. will be closed from Wednesday, 25th July, 2001 to Friday, 24th August, 2001 (both days inclusive).

1. Other Business

(i) The EGM will not last for more than one day. Shareholders who attend the EGM shall bear their own travelling and accommodation expenses.

(ii) The address of the Share Registrar for H Shares of Sinopec Corp., Hong Kong Registrars Limited is at:

2/F, Vicwood Plaza

199 Des Voeux Road Central

Hong Kong

(iii) The registered address of Sinopec Corp. is at:

A6 Huixindong Street

Chaoyang District

Beijing 100029

The People's Republic of China

Telephone No.: (+86) 10 6499 0060

Facsimile No.: (+86) 10 6499 0022