COSCO SHIPPING Development Co., Ltd. — AGM Information 2008

Jan 3, 2008

==> picture [297 x 94] intentionally omitted <==

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

(Stock Code: 2866)

Notice of Extraordinary General Meeting

NOTICE IS HEREBY GIVEN that an extraordinary general meeting (“ EGM ”) of China Shipping Container Lines Company Limited (“ Company ”) will be held at 2 p.m. on Thursday, 21 February 2008 at Conference Room 1, 3rd Floor, 450 Fu Shan Road, Pudong New District, Shanghai, the People’s Republic of China for the following purpose:

by way of ordinary resolution:

1. to consider and approve the appointment of Mr. Lin Jianqing as a non-executive director of the Company with effect from the approval of such appointment at the EGM until the conclusion of the annual general meeting of the Company for the year 2009, i.e. on or around June 2010.

The above nomination is hereby submitted for consideration and approval at the EGM.

The brief biographical details of Mr. Lin Jianqing are set out in Note 10 to this notice.

By order of the board of directors of China Shipping Container Lines Company Limited Ye Yumang Company Secretary

Shanghai, the People’s Republic of China 3 January 2008

Notes:

1. The address of Computershare Hong Kong Investor Services Limited is as follows:

Rooms 1806-1807, 18th Floor, Hopewell Centre 183 Queen’s Road East Hong Kong

1

1. Holders of H shares, who intend to attend the EGM, must complete the reply slips and return them to the Directorate Secretary Office of the Company not later than 20 days before the date of the EGM. Details of the Directorate Secretary Office of the Company are as follows:

3rd Floor 450 Fu Shan Road Pudong New District Shanghai The People’s Republic of China 200122

Tel: 86-21-6596-6666 Fax: 86-21-6596-6813

1. Each holder of H shares who has the right to attend and vote at the EGM is entitled to appoint in writing one or more proxies, whether a shareholder of the Company (“ Shareholder ”) or not, to attend and vote on his behalf at the EGM. A proxy of a Shareholder who has appointed more than one proxy may only vote on a poll.

2. The instrument appointing a proxy must be in writing under the hand of the appointer or his attorney duly authorized in writing. If that instrument is signed by an attorney of the appointer, the power of attorney authorizing that attorney to sign, or other documents of authorization, must be notarially certified.

3. To be valid, for holders of H shares, the form of proxy, and if the form of proxy is signed by a person under a power of attorney or other authority on behalf of the appointer, a notarially certified copy of that power of attorney or other authority, must be delivered to the Company’s H share registrar, Computershare Hong Kong Investor Services Limited, the address of which is set out in Note 1 above, not less than 24 hours before the time for holding the EGM or any adjournment thereof in order for such documents to be valid.

4. If a proxy attends the EGM on behalf of a Shareholder, he should produce his identity card and the instrument signed by the proxy or his legal representative, and specifying the date of its issuance. If a legal person Shareholder appoints its corporate representative to attend the EGM, such representative should produce his/her identity card and the notarized copy of the resolution passed by the board of directors or other authorities or other notarized copy of the license issued by such legal person Shareholder.

5. Pursuant to Articles 8.25 to 8.27 of the articles of association of the Company, at the EGM, a resolution shall be decided on a show of hands unless a poll is (before or after any vote by show of hands) demanded:

   • (a) by the chairman of the meeting;

   • (b) by at least two Shareholders entitled to vote present in person or by proxy;

   • (c) by one or more Shareholders present in person or by proxy and representing 10% or more of all shares carrying the right to vote at the meeting.

The demand for a poll may be withdrawn by the person who makes such demand. A poll demanded on the election of the chairman of the meeting, or on a question of adjournment of the meeting, shall be taken forthwith. A poll demanded on any other question shall be taken at such time as the chairman of the meeting directs, and any business other than that upon which a poll has been demanded may be proceeded with, pending the taking of the poll. The result of the poll shall be deemed to be a resolution of the meeting at which the poll was demanded. On a poll taken at the meeting, a Shareholder (including proxy) entitled to two or more votes need not cast all his or her votes in the same way.

2

1. Notice is hereby given that pursuant to the articles of association of the Company, for the purpose of holding the EGM, the register of H share members will be closed from 21 January 2008 to 21 February 2008, during which period no transfer of shares of the Company will be registered. Shareholders whose names appear on the register of H share members at the close of business on 21 January 2008 are entitled to attend and vote at the EGM.

In order to be entitled to attend the EGM, holders of H shares are required to lodge their respective instrument(s) of transfer and the relevant share certificate(s) to the Company’s H share registrar, Computershare Hong Kong Investor Services Limited at Rooms 1712-1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Hong Kong, by 4:30 p.m. on 18 January 2008.

1. The EGM is expected to last for half a day. Shareholders attending the EGM are responsible for their own transportation and accommodation expenses.

2. Mr. Lin Jianqing, aged 53, graduated from Dalian Maritime College in 1982, majoring in Engineering, obtained a Master’s degree in 1999 from Dalian Maritime University Transportation Plan and Management Department and obtained a Doctorate’s degree from South China Normal University Industry and Commerce Management Department.

Mr. Lin joined the Guangzhou Maritime Bureau in 1982. From 1982 to 1993, he was the ship third-engineer, second-engineer, first-engineer and chief-engineer of Guangzhou Maritime Bureau successively. From September 1993 to October 1994, he was the ship chief-engineer, deputy engineering unit head and engineering unit head of Guangzhou Shipping (Group) Company successively. From October 1994 to July 1997, he was the assistant general manager and deputy general manager of Guangzhou Shipping (Group) Company successively. From July 1997 to July 1998, he was the vice president and Party member of China Shipping (Group) Company, and deputy general manager of Guangzhou Shipping (Group) Company. From July 1998 to August 2000, he was the vice president and Party member of China Shipping (Group) Company. From August 2000 to April 2005, he was the vice president of China Shipping (Group) Company. From April 2005 till now, he is the vice president and Party member of China Shipping (Group) Company. From December 2006 till now, he is the director of China Shipping Development Company Limited. He has almost 30 years of experience in the shipping industry.

1. Upon the appointment of Mr. Lin Jianqing as a non-executive director of the Company becoming effective, the Company will comply with the disclosure obligations required under Rule 13.51(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Ltd.

The board of directors of the Company as at the date of this notice comprises of Mr. Li Shaode, Mr. Zhang Guofa, Mr. Huang Xiaowen and Mr. Zhao Hongzhou, being executive Directors, Mr. Ma Zehua, Mr. Zhang Jianhua, Mr. Wang Daxiong, Mr. Yao Zuozhi and Mr. Xu Hui, being non-executive Directors, and Mr. Hu Hanxiang, Mr. Jim Poon (also known as Pan Zhanyuan), Mr. Wang Zongxi, Mr. Shen Kangchen and Mr. Shen Zhongying, being independent non-executive Directors.

• The Company is registered as a non-Hong Kong company under Part XI of the Companies Ordinance (Chapter 32 of the Laws of Hong Kong) under its Chinese name and the English name “China Shipping Container Lines Company Limited”.

3