CSPC Pharmaceutical Group Limited — Board/Management Information 2002

Dec 23, 2002

CHINA PHARMACEUTICAL ENTERPRISE AND

INVESTMENT CORPORATION LIMITED

中 國 製 藥 企 業 投 資 有 限 公 司

(Incorporated in Hong Kong under the Companies Ordinance)

NOTICE OF RESIGNATION OF DIRECTOR

The board of directors ("The Board") of China Pharmaceutical Enterprise and Investment Corporation Limited ("the Company") announces that Mr. Wang Xian Jun has resigned as an executive director of the Company with effect from 23rd December, 2002.

The Board would like to take this opportunity to thank Mr. Wang Xian Jun for his contributions to the Company.

By Order of the Board

CAI Dong Chen

Chairman

Hong Kong, 23rd December, 2002

Please also refer to the published version of this announcement in the The Standard.