COSCO SHIPPING Development Co., Ltd. — Board/Management Information 2011

Jun 30, 2011

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

RESIGNATION OF NON-EXECUTIVE DIRECTOR

The board (the “ Board ”) of directors (the “ Directors ”) of China Shipping Container Lines Company Limited (the “ Company ”) announces that Mr. Yan Zhichong (“ Mr. Yan ”) has tendered his resignation as a non-executive director (the “ Non-executive Director ”) of the Company on 12 April 2011.

The Board announces that Mr. Yan has tendered his resignation as the Non-executive Director owing to his other work arrangement. The resignation of Mr. Yan became effective upon the conclusion of the 2010 annual general meeting of the Company held on 28 June 2011.

Mr. Yan has confirmed that he has no disagreement with the Board and that he is not aware of any other matters relating to his resignation that need to be brought to the attention of the shareholders of the Company.

The Board would like to express their sincere gratitude to Mr. Yan for his valuable contributions to the Company during his tenure.

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

Shanghai, the People’s Republic of China 30 June 2011

The Board as at the date of this announcement 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. 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 nonexecutive 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 under the English name “China Shipping Container Lines Company Limited”.