COSCO SHIPPING Development Co., Ltd. — M&A Activity 2014

Jun 10, 2014

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)

UPDATE ANNOUNCEMENT ON DISCLOSEABLE AND CONNECTED TRANSACTION

Reference is made to the announcements of China Shipping Container Lines Company Limited (the “ Company ”) dated 11 October 2013, 26 November 2013, 12 December 2013 and 30 December 2013 and the circular of the Company dated 27 November 2013 (the “ Circular ”) in relation to, among others, the disposal of 100% equity interest in CSTD by the Company to CSTD HK and the subscription of shares in CSTD HK. Unless otherwise specified, capitalized terms used herein shall have the same meanings as ascribed thereto in the Circular.

By way of an update, the Company hereby announces that it has received approval from MOFCOM in relation to the Transaction on 10 June 2014. The Company and the relevant parties are actively moving forward the Transaction and carrying out various works in an orderly manner pursuant to terms of the Share Purchase Agreement.

By order of the Board of China Shipping Container Lines Company Limited Yu Zhen Joint Company Secretary

Shanghai, the PRC 10 June 2014

The Board as at the date of this announcement comprises of Mr. Zhang Guofa, Mr. Huang Xiaowen and Mr. Zhao Hongzhou, being executive Directors, Mr. Wang Daxiong, Ms. Su Min, Mr. Ding Nong, Mr. Chen Jihong and Mr. Zhang Rongbiao, being non-executive Directors, and Ms. Zhang Nan, Mr. Teo Siong Seng, Mr. Chen Lishen, Mr. Guan Yimin and Mr. Shi Xin, being independent non-executive Directors.

• The Company is a registered non-Hong Kong company as defined in the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) and it is registered under its Chinese name and under the English name “China Shipping Container Lines Company Limited”.