COSCO SHIPPING Development Co., Ltd. — AGM Information 2011

Nov 28, 2011

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.

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(A joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock code: 02866)

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that an extraordinary general meeting (“ EGM ”) of China Shipping Container Lines Company Limited (the “ Company ”) will be held at 2:00 p.m. on Friday, 13 January 2012 at Multifunction Room, Convention Center, Shanghai Yuan Shen Sport Park Hotel, Gate No.1, No.655 Yuanshen Road, Pudong New District, Shanghai, the People’s Republic of China (“ PRC ”) for the purpose of considering and, if thought fit, passing with or without amendments the following resolutions as ordinary resolutions of the Company, and unless otherwise defined herein, the terms herein shall have the same meanings as defined in the circular to the shareholders of the Company dated 29 November 2011 (the “ Circular ”):

ORDINARY RESOLUTIONS

“ THAT:

1. the entering into of the Vessel Acquisition Agreements and the transactions contemplated thereunder, details of which are set out in the Circular, be and are hereby approved, confirmed and ratified (if applicable);

2. the entering into of the Vessel Option Agreements and the transactions contemplated thereunder, details of which are set out in the Circular, be and are hereby approved, confirmed and ratified (if applicable);

3. if CSCL (HK) exercises options to purchase any or all of the Optional Vessels as granted under the Vessel Option Agreements, the entering into of the Vessel Building Contract(s) and the transactions contemplated thereunder, details of which are set out in the Circular, be and are hereby approved; and

4. the Directors be and are hereby authorised for and on behalf of the Company to do all such acts and things, sign and execute all such documents and take all such steps as the Directors may in their absolute discretion consider necessary, appropriate, desirable or expedient to implement and/or give effect to or in connection with the

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Vessel Acquisition Agreements, the Vessel Option Agreements, the Vessel Building Contract(s) and the transactions contemplated thereunder.”

By Order of the Board China Shipping Container Lines Company Limited Ye Yumang

Company Secretary

Shanghai, the PRC 29 November 2011

Notes:

• (A) 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 shares members of the Company (“ Register of Members ”) will be closed from Wednesday, 14 December 2011 to Friday, 13 January 2012 (both days inclusive), during which period no transfer of H shares of the Company will be registered. Holders of H shares whose names appear on the Register of Members at the close of business on Tuesday, 13 December 2011 are entitled to attend and vote at the EGM. In order to attend the EGM, holders of the Company’s H shares shall lodge all transfer documents together with the relevant share certificates to Computershare Hong Kong Investor Services Limited, the Company’s H shares registrar (“ Computershare ”), not later than 4:30 p.m. on Tuesday, 13 December 2011.

The address of Computershare is as follows:

Rooms 1712-1716, 17th Floor Hopewell Centre 183 Queen’s Road East Wanchai, Hong Kong

• (B) 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, i.e. no later than Friday, 23 December 2011.

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: (8621) 6596 6666 Fax: (8621) 6596 6813

• (C) 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.

• (D) The instrument appointing a proxy must be in writing under the hand of the appointer or his attorney duly authorised in writing. If that instrument is signed by an attorney of the appointer, the power of attorney authorising that attorney to sign, or other documents of authorisation, must be notarially certified.

• (E) 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 Computershare at Rooms 1712-1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong, not less than 24 hours before the time for holding the EGM or any adjournment thereof in order for such documents to be valid.

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• (F) If a proxy attends the EGM on behalf of a Shareholder, he should produce his identity card and the form of proxy signed by the Shareholder or his legal representative or his duly authorised attorney, 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 notarised copy of the resolution passed by the board of directors or other authorities or other notarised copy of the license issued by such legal person Shareholder.

• (G) Pursuant to the Listing Rules, any vote of Shareholders at a general meeting must be taken by way of a poll. As such, the resolution sets out in the notice of the EGM will be voted on by poll. Results of the poll voting will be published on the website of the Stock Exchange at www.hkexnews.hk after the EGM.

• (H) The EGM is estimated to last for half a day. Shareholders who attend the EGM in person or by proxy shall bear their own transportation and accommodation expenses.

The Board as at the date of this announcement comprises of Mr. Li Shaode, Mr. Xu Lirong, Mr. Zhang Guofa, Mr. Huang Xiaowen and Mr. Zhao Hongzhou, being executive Directors, Mr. Zhang Jianhua, Mr. Lin Jianqing, Mr. Wang Daxiong, Mr. Zhang Rongbiao and Mr. Xu Hui, being non-executive Directors, and Mr. Shen Kangchen, Mr. Jim Poon (also known as Pan Zhanyuan), Mr. Shen Zhongying, Mr. Wu Daqi and Ms. Zhang Nan, 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”.

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