CMON Limited — AGM Information 2008

Nov 28, 2008

The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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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)

(Stock code: 747)

NOTICE OF THE 2007 ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that the 2007 Annual General Meeting (“AGM”) of Shenyang Public Utility Holdings Company Limited (the “Company”) will be held at the Conference Room of Lexington Shenyang Rich Gate Hotel, Shenyang, the People’s Republic of China at 11:00 a.m. on 12th January 2009 (Monday) for the following purposes:

I By way of ordinary resolutions:

1. To consider and approve the reports of the board of directors of the Company for the year ended 31st December 2007;

2. To consider and approve the financial statements of the Company for the year ended 31st December 2007;

3. To consider and approve the reports of the auditors of the Company and its subsidiaries for the year ended 31st December 2007;

4. To consider and approve the profit allocation and dividend distribution proposals for the year ended 31st December 2007;

5. To consider and approve the re-appointment of Lo and Kwong C.P.A. Company Limited as the international auditor of the Company;

6. To consider and approve the extension of the term of office of the third board of directors and supervisors committee of the Company to the date of the 2007 AGM;

7. To consider and approve the appointment of the following persons as the directors of the fourth board of directors and the supervisors of the fourth supervisors committee (Please refer to Appendix I for the brief biographies of the proposed directors and the proposed supervisors);

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The following persons are proposed re-election or appointed as the directors of the fourth board of directors:

Executive Directors Mr. An Mu Zong (proposed re-election) Mr. Wang Zai Xing (proposed re-election) Mr. Alex Chow Ka Wo (appointed) Non-executive Directors Mr. Deng Yan Bin (proposed re-election) Mr. Lin Dong Hui (proposed re-election) Mr. Wang Hui (proposed re-election) Independent non-executive Directors Mr. Cai Lian Jun (proposed re-election) Mr. Lam Tsan Wing Alexander (appointed) Mr. Wong Kai Tat (appointed) Mr. Chan Ming Sun Jonathan (appointed)

The following persons are proposed re-election or appointed as the fourth supervisors committee:

Mr. Wang Xing Ye (proposed re-election) Mr. Lu Ming (appointed)

1. To consider and approve the remuneration of the directors of the fourth board of directors and the supervisors of the fourth supervisors committee;

2. To consider and approve the disposal of debts due from Shenyang Development Beida Education Science Park Company of RMB256.6 million and 30% equity interest in Shenyang Development Beida Education Science Park Company held by the Company and its subsidiaries.

II By way of special resolution:

1. To consider and approve the granting of an issue mandate to the board of directors of the Company to issue State shares and H shares respectively not exceeding 20% of the existing number of State shares and H shares respectively.

By order of the Board Wang Hui Director

Shenyang, the PRC, 28th November 2008

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Appendix 1

PROPOSED DIRECTORS

Mr. An Mu Zong, born in April 1964. Mr. An graduated from Beihang University (北 京航空學院) in June 1987. He is the vice-president of the Company. Mr. An has extensive experience in the development of real estate project and corporate management.

Mr. Wang Zai Xing, born in November 1970. Mr. Wang graduated from Beijing Forestry University (北京林業大學) in June 1993 with a bachelor’s degree in statistics. Since March 1999, He has been a financial director and financial manager of Beijing Beida Jade Bird Company Limited. Mr. Wang has extensive experience in corporate reorganization, asset appraisal and auditing.

Mr. Deng Yan Bin, born in August 1970, is an accountant. Mr. Deng graduated with a bachelor’s degree in economics from Renmin University of China (中國人民大學) in March 1996, majoring in accounting. Mr. Deng works in the Company. He has extensive experience in finance management and investment management

Mr. Lin Dong Hui, born in December 1967, is an economist. Mr. Lin graduated from the China Academy of Social Science (中國社會科學院) in September 1998 with a master’s degree in investment management. During the period from 1995 to July 1999, he worked as deputy division head of Shenyang Construction Investment Company. During the period from 1999 to 2002, he worked as the head of the office for the board of directors of the Company. He is the head of the office for the president of the Company.

Mr. Wang Hui, born in May 1975. Mr. Wang graduated from Peking University (北京 大學) in June 2001 with a master’s degree in economics. Mr. Wang has worked in the Company since March 2002. Mr. Wang has a certain experience in corporate operation, reorganization, and mergers and acquisitions.

Mr. Cai Lian Jun, born in December 1950, is a senior accountant. Since 1992, Mr. Cai had worked in the Management Committee of Beijing Daxing Industrial Development Zone (北京市大興工業開發區管理委員會) and served as the party secretary, the head of management committee and general manager in Beijing Daxing Industrial Development Zone Operation General Corporation (北京市大興工業開發區管理委員會經營總公司). He was the secretary of Industry Committee of Beijing Daxing District Committee (北京市大 興區委工業工委書記) during the period from November 2001 to July 2004. Mr. Cai is currently on retirement.

Mr. Alex Chow Ka Wo, aged 41, is the director of Karl Thomson Financial Advisory Limited. He is responsible for the operation of the group of Karl Thomson Holdings Limited’s (stock code:0007) investment banking business since joining the Karl Thomson Group in March 2002. He holds a Bachelor of Arts degree in Applied Mathematics and Economics from the University of California at Berkeley and a Master of Arts degree in Economics from the Cornell University in the United States. Mr. Chow is also an executive director of Sino Katalytics Investment Corporation (stock code: 2324).

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Mr. Lam Tsan Wing Alexander, aged 55, is currently the managing director of ATWL International Consultancy Limited. Mr. Lam holds a Bachelor’s of Science degree from Hong Kong Polytechnic University and a professional diploma in Surveying from Willeston College of Technology in the U.K. He was also a past chairman of the General Practice Division of the Hong Kong Institute of Surveyors. Mr. Lam is a committee member of Tianjin Municipal Committee, the Chinese People’s Political Consultative Conference.

Mr. Wong Kai Tat, aged 54, is an associate member of the Hong Kong Institute of Certified Public Accountants. Mr. Wong holds an LLB (Honours) degree from the University of Hong Kong, a bachelor’s degree of business administration from the University of Iowa, U.S.A., a master of business administration degree from the University of Strathclyde, Scotland, a master of applied finance degree from Macquarie University, Australia, a master of corporate finance degree from Hong Kong Polytechnic University and an honorary doctor of law degree from Armstrong University in the U.S.A. Mr. Wong is also the chief financial officer and qualified accountant of T S Telecom Technologies Limited (stock code: 8003).

Mr. Chan Ming Sun, aged 35, is currently the associate director of Go-To-Asia Investment Limited and independent non-executive director of Sino Katalytics Investment Corporation (stock code: 2324). Mr. Chan graduated with a Bachelor of Commerce degree in Accounting and Computer Information System from the University of New South Wales, Australia. He is an associate member of the Hong Kong Institute of Certified Public Accountants and a member of Certified Public Accountants, Australia.

PROPOSED SUPERVISORS

Mr. Wang Xing Ye, born in June 1977. Mr. Wang graduated from Xi’an University of Technology (西安理工大學) with a bachelor’s degree in economics in 1999.Mr. Wang is currently the manager of Listing Rules Compliance in Beijing Beida Jade Bird Universal Sci-Tech Company Limited. He has a certain experience in investment and financing, asset reorganization and business reorganization.

Mr. Lu Ming, born in April 1973. Mr. Lu graduated from Shenyang University of Technology with a bachelor’s degree in electronic measurement technology in September 1996. During the period from September 1996 to May 1997, Mr. Lu worked in Shenyang Construction Investment Company. Since May 1997, Mr. Lu has worked at the president’s office of the Company, and currently serves as the senior manager of the president’s office of the Company. Mr. Lu is also supervisor representing the staff.

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