CMON Limited — Board/Management Information 2010

May 7, 2010

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

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)

NOMINATION OF NON-EXECUTIVE DIRECTOR

The board of directors of Shenyang Public Utility Holdings Company Limited (the “ Company ”) announces that Mr. Bao Yi Qiang (“ Mr. Bao ”) has been nominated as a nonexecutive director of the Company, appointment of whom is conditional on shareholders’ approval at the annual general meeting of the Company to be held on 25th June, 2010.

Mr. Bao Yi Qiang, aged 39. Mr. Bao graduated from Anhui Finance & Trade College (安徽 財貿學院) in July 1992 with a bachelor’s degree in auditing. Mr. Bao is a certified public accountant in the People’s Republic of China (“ PRC ”). He was a project manager of auditing in Zhonglei Certified Public Accountants and currently serves as deputy general manager of Beijing Mingde Guangye Investment Consultant Company Limited, the controlling shareholder of the Company.

No service agreement will be entered into between the Company and Mr. Bao. No term of service will be fixed and the appointment of Mr. Bao will be subject to retirement by rotation and re-election in accordance with the Company’s memorandum and articles of association. The remuneration of Mr. Bao is RMB2,500 each month which is determined with reference to his experience and duties in the Company.

Save for the above and except that Mr. Bao is the deputy general manager of Beijing Mingde Guangye Investment Consultant Company Limited, the controlling shareholder of the Company, there are no other matters concerning Mr. Bao that need to be brought to the attention of the shareholders or any other information required to be disclosed pursuant to the requirements of Rule 13.51(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

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Under the memorandum and articles of association of the Company, shareholders’ approval at the annual general meeting is required for the appointment of directors. A circular containing, amongst other things, further details on the nomination and appointment of Mr. Bao as the non-executive director and the notice of annual general meeting will be dispatched to the shareholders of the Company as soon as practicable.

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

Shenyang PRC, 7th May, 2010

As at the date of this announcement, the directors of the Company are as follows:

Executive directors: Mr. An Mu Zong, Mr. Wang Zai Xing, Mr. Alex Chow Ka Wo and Mr. Wang Hui Non executive directors: Mr. Deng Yan Bin and Mr. Lin Dong Hui Independent non executive directors: Mr. Cai Lian Jun, Mr. Wong Kai Tat and Mr. Chan Ming Sun Jonathan

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