COSCO SHIPPING Holdings Co., Ltd. — Proxy Solicitation & Information Statement 2007

Sep 6, 2007

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China COSCO Holdings Company Limited[*]

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

(Stock code : 1919)

Form of proxy for the extraordinary general meeting to be held on 23 October 2007

I/We (note 1)

of

being the registered holder(s) of (note 2) shares of RMB1.00 each in the share capital of China COSCO Holdings Company Limited (‘‘the Company’’) HEREBY APPOINT THE

CHAIRMAN OF THE MEETING or (note 3)

of

as my/our proxy to attend and act for me/us at the extraordinary general meeting of the Company to be held at 4:00 p.m. or so soon thereafter as the A shares class meeting of the Company shall have been concluded or adjourned on 23 October 2007 at Conference Room, Ocean Plaza, 158 Fuxingmennei Avenue, Xicheng District, Beijing, the PRC (the “Meeting”) (and at any adjournment thereof) for the purposes of considering and, if thought fit, passing the resolutions as set out in the notice convening the Meeting and at the Meeting (and at any adjournment thereof) to vote for me/us and in my/our name(s) in respect of the resolutions as indicated below.

	SPECIAL RESOLUTIONSFor(note 4)Against(note 4)Abstain(note 4)1.To consider and approve the sale and purchase of the entire issued sharecapital in and the outstanding loan due from Bauhinia 97 Limited (the“Agreement”) and the transactions contemplated thereby.2.To approve, confirm and ratify the Agreement.

Date:

Signature(s) (note 5) :

Notes:

1. Full name(s) and address(es) to be inserted in BLOCK CAPITALS .

2. Please insert the class and number of shares registered in the name(s) to which this proxy relates. If no number is inserted, this form of proxy will be deemed to relate to all shares of the Company registered in your name(s).

3. If any proxy other than the Chairman of the Meeting is preferred, strike out the words “ THE CHAIRMAN OF THE MEETING or ” and insert the name and address of the proxy desired in the space provided. A shareholder may appoint one or more proxies to attend and vote in his stead. ANY ALTERATION MADE TO THIS FORM OF PROXY MUST BE INITIALED BY THE PERSON WHO SIGNS IT .

4. IMPORTANT: IF YOU WISH TO VOTE FOR THE RESOLUTION, PLEASE TICK THE BOX MARKED ‘‘FOR’’ BESIDE THE APPROPRIATE RESOLUTION. IF YOU WISH TO VOTE AGAINST THE RESOLUTION, PLEASE TICK THE BOX MARKED “AGAINST” BESIDE THE APPROPRIATE RESOLUTION. IF YOU WISH TO ABSTAIN FROM VOTING ON ANY RESOLUTION, TICK THE BOX MARKED “ABSTAIN”. If no direction is given, your proxy may vote or abstain at his discretion. Your proxy will also be entitled to vote at his discretion on any resolution properly put to the Meeting other than those referred to in the notice convening the Meeting.

5. This form of proxy must be signed by you or your attorney duly authorized in writing. In the case of a corporation, this form of proxy must be either under its common seal or under the hand of its director(s) or duly authorized attorney(s). If this form of proxy is signed by an attorney of the shareholder, the power of attorney authorizing that attorney to sign or other authorization document must be notarized.

6. In order to be valid, this form of proxy together with the power of attorney or other authorization document (if any) must be deposited at the Company’s H share registrar, Computershare Hong Kong Investor Services Limited (address: Rooms 1806-1807, 18th Floor, Hopewell Center, 183 Queen’s Road East, Hong Kong) for holders of H shares not less than 24 hours before the time appointed for the holding the Meeting or any adjournment thereof (as the case may be). Completion and return of a form of proxy will not preclude you from attending and voting in person at the Meeting if you so wish.

7. Shareholders or their proxies attending the Meeting shall produce their identity documents.

8. A proxy need not be a member of the Company but must attend the Meeting in person to represent you.

• The Company is registered as an oversea 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 COSCO Holdings Company Limited”.