CMON Limited — AGM Information 2004

Sep 30, 2004

瀋陽公用發展股份有限公司 SHENYANG PUBLIC UTILITY HOLDINGS COMPANY LIMITED

(a joint stock limited company incorporated in the People’s Republic of China with limited liability)

(Stock Code: 747)

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that an extraordinary general meeting (the “Extraordinary General Meeting”) of the holders of State shares and H shares of 瀋 陽公用發展股份有限公司 (Shenyang Public Utility Holdings Company Limited) (the “Company”) will be held at the Conference Room of the Company, No. 14 Shisiwei Road, Heping District, Shenyang, the People’s Republic of China on Monday, 15th November, 2004 at 9:00 a.m. for the purpose of considering and, if thought fit, passing the following resolutions as ordinary resolutions:

ORDINARY RESOLUTIONS

1. “ THAT the appointment of Mr. Cui Yan (崔岩) to serve as an independent non-executive director and a member of the audit committee of the Company at a fixed annual salary of RMB50,000 be and is hereby considered and approved with his term of service starting with immediate effect from the close of this Extraordinary General Meeting to 10th October, 2005 and that any director of the Company be and is hereby authorised to sign on behalf of the Company the director’s service contract with Mr. Cui Yan.”

2. “ THAT the annual salary of each of the current independent non-executive directors of the Company be increased from RMB30,000 to RMB50,000 and that any director of the Company be and is hereby authorised to sign all documents and do all things appropriate to effect the adjustment on behalf of the Company.”

DETAILS CONCERNING MR. CUI YAN

Mr. Cui Yan, aged 39, is a senior engineer. Mr. Cui graduated from Nanjing Aviation Institute in the PRC with a bachelor degree in engineering. He is currently serving as the general manager and deputy party secretary of 長白計算機集團公司 (Chang Bai Calculator Group Company), a state-owned company in the People’s Republic of China. Mr. Cui has over 5 years of experience in aviation business and the design of motors and 7 years of experience in foreign trade business.

As of the date hereof, Mr. Cui Yan does not hold any positions in the Company or any other subsidiaries of the Company and does not have any equity interest in the Company.

By Order of the board of directors Shenyang Public Utility Holdings Company Limited Wang Se Company Secretary

Shenyang, the People’s Republic of China, dated 28th September, 2004

Notes:

1. The register of holders of H shares of the Company will be closed from Saturday, 16th October, 2004 to Sunday, 14th November, 2004 (both dates inclusive), during which period no transfers of the Company’s H shares will be effected. Buyers who submit the share transfer application forms to the Company’s share registrar before 4:00 p.m. on Friday, 15th October, 2004 and then registered as shareholders of the Company on the register of members of the Company are entitled to attend and to vote at the Extraordinary General Meeting.

2. Each shareholder of the Company entitled to attend and vote at the Extraordinary General Meeting may appoint one or more proxies to attend and vote on his behalf at the Extraordinary General Meeting. A proxy need not be a shareholder of the Company.

3. To be valid, the form of proxy together with the power of attorney or other authorisation document (if any) signed by the authorized person or notarially certified power of attorney must be delivered to the Company’s principal place of business in the People’s Republic of China for holders of State shares and to the Company’s H share registrar in Hong Kong, Hong Kong Registrars Limited, at 46th Floor, Hopewell Centre, 183 Queen’s Road East, Hong Kong for holders of H shares not less than 24 hours before the designated time for the holding of the Extraordinary General Meeting. Completion and return of a form of proxy will not preclude a shareholder from attending in person and voting at the Extraordinary General Meeting if he so wishes.

The address of the Company’s principal place of business in the People’s Republic of China is as follows:

No. 14 Shisiwei Road

Heping District

Shenyang The People’s Republic of China Postcode 110003

The address of the share registrar for the Company’s H shares is as follows: Hong Kong Registrars Limited Shops 1712-1716 17th Floor, Hopewell Centre

183 Queen’s Road East, Wanchai Hong Kong

A proxy of a shareholder may vote by hand or vote on a poll, but a proxy of a shareholder who has appointed more than one proxy may only vote on a poll.

When attending the meeting, the holder of the State shares or H shares of the Company or their proxy(ies) shall present their personal identification documents.

1. Holders of State shares or H shares of the Company who intend to attend the Extraordinary General Meeting should complete the enclosed “REPLY SLIP FOR EXTRAORDINARY GENERAL MEETING” and return it to the Company’s principal place of business in the People’s Republic of China or the Company’s H share registrar in Hong Kong, Hong Kong Registrars Limited, at 46th Floor, Hopewell Centre, 183 Queen’s Road East, Hong Kong on or before Tuesday, 26th October, 2004. This reply slip may be delivered by hand, by post or by fax to the following numbers: (8624) 2325 7181 for the attention of the Company or (852) 2865 0990 / (852) 2529 6087 for the attention of the Company’s H shares registrar.

2. It is estimated that the meeting will not last beyond one day. Each holder of State shares or H shares of the Company will be responsible for his/her/its own travel and accommodation expenses.