Lonking Holdings Limited — M&A Activity 2007

Mar 14, 2007

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.

CHINA INFRASTRUCTURE MACHINERY HOLDINGS LIMITED 中國龍工控股有限公司[*]

(incorporated in the Cayman Islands with limited liability) (Stock Code: 3339)

ANNOUNCEMENT

Reference is made to the announcements issued by the Company on 16 January 2007, 17 January 2007 and 13 February 2007 respectively regarding a possible offer for the shares of the Company (the “ Proposed Offer ”) by an independent third party.

The Company wishes to announce that the negotiations between the parties in relation to the Proposed Offer have mutually been agreed to be terminated on 11 March 2007. Accordingly, the offer period in relation to the Proposed Offer for the purpose of the Hong Kong Code on Takeovers and Mergers has ended on 11 March 2007 as a result of the termination.

By Order of the Board of China Infrastructure Machinery Holdings Limited Li San Yim Chairman

Hong Kong, 13 March 2007

As at the date of this announcement, Mr. Li San Yim, Mr. Qiu Debo, Mr. Luo Jianru, Dr. Mou Yan Qun, Mr. Lin Zhongming, Mr. Chen Chao, Mr. Zhu Yongsheng, and Dr. Zhang Hong are the executive directors of the Company, Ms. Ngai Ngan Ying and Mr. Zhu Mantian, Myron are the non-executive directors of the Company and Professor Yang Hongqi, Dr. Qian Shizheng and Mr. Lo Peter are the independent nonexecutive directors of the Company.

This statement is made by the orders of the board of directors of the Company. The directors of the Company jointly and severally accept full responsibility for the accuracy of the information contained in this announcement and confirm, having made all reasonable inquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement, the omission of which would make any statement in this announcement misleading.

* For identification purpose only

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

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