Dida Inc. — AGM Information 2003

Apr 10, 2003

The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims 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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CHINA SHIPPING DEVELOPMENT COMPANY LIMITED

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

ANNOUNCEMENT

The directors of China Shipping Development Company Limited (the “Company”) has proposed to change the venue and time of the 2002 annual general meeting (“AGM”).

The notice of the 2002 AGM of the Company were set out in an announcement of the Company dated 25 March 2003. The directors of the Company have proposed to change the venue and time of the 2002 AGM. The 2002 AGM will now take place at the Banquet Hall A, 2/F, Shanghai Everbright Convention & Exhibition Centre International Hotel, 66 Cao Bao Road, Shanghai, The People’s Republic of China (the “PRC”) at 9:00 a.m. on 28 May 2003. All the resolutions as set out in the notice of the AGM referred to above to be considered and approved at the AGM shall remain the same.

By Order of the Board China Shipping Development Company Limited Yao Qiao Hong Company secretary

Shanghai, the PRC 10 April 2003

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

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