CMON Limited — Board/Management Information 2009

Jun 25, 2009

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RE-DESGINATION OF DIRECTOR

The Board announces that Mr. Wang has been re-designated from a non-executive director to an executive director with effect from 23 June 2009.

Re-designation of Director

The Board (“the Board”) of directors of Shenyang Public Utility Holdings Company Limited (the “Company”) announces that Mr. Wang Hui (“Mr. Wang”) has been redesignated from a non-executive director to an executive director of the Company with effect from 23 June 2009 due to work reallocation

Mr. Wang

Mr. Wang, aged 34, graduated from Peking University ( 北京大學 ) in June 2001 with a master’s degree in economics. Mr. Wang Hui has worked in the Company since March 2002. Mr. Wang Hui has an extensive experience in corporate operation, reorganization, and mergers and acquisitions.

Following the re-designation, the director service contract entered into between Mr. Wang and the Company on 12 February 2009has been terminated and in the meantime, a letter of appointment as an executive director was entered into between Mr. Wang and the Company, whereby Mr. Wang has been appointed as executive director for a term commencing from 23 June 2009 and ending on 12 February 2012. Under the letter of appointment, Mr. Wang will be entitled to monthly executive director’s remuneration of RMB2,500 and he will also be subject to retirement by way of rotation at the annual general meeting of the Company at least once every three years.

To the best knowledge and belief of the Board, having made all reasonable enquiries, save and except the appointment of Mr. Wang as the President of the Company, Mr. Wang does not hold any other position with the Company or any of its subsidiaries nor

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did he hold a directorship in any other listed public company in the last three years. He does not have any relationships with any directors, senior management, substantial or controlling shareholders of the Company (as respectively defined in The Rules Governing the Listing of Securities on the Stock Exchange (the “Listing Rules”). There is no information relating to them that is required to be disclosed pursuant to Rules 13.51(2)(h) to 13.51(2)(v) of the Listing Rules.

As at the date of this announcement, Mr. Wang does not have any other interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance.

There is no other matters concerning the appointment of them that needs to be brought to the attention of the shareholders of the Company.

By order of the Board of Shenyang Public Utility Holdings Company Limited An Mu Zong Chairman

Shenyang, PRC 25, June 2009

As at the date of this notice, the directors of the Company are as follows: Executive directors: Mr. An Mu Zong, Mr. Wang Zai Xing and Mr. Alex Chow Ka Wo Non executive directors: Mr. Deng Yan Bin, Mr. Lin Dong Hui and Mr. Wang Hui Independent non executive director: Mr. Cai Lian Jun, Mr. Wong Kai Tat and Mr. Chan Ming Sun.

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