Qiniu Limited — Proxy Solicitation & Information Statement 2010

Jan 4, 2010

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SIBERIAN MINING GROUP COMPANY LIMITED 西伯利亞礦業集團有限公司[*]

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1142)

FORM OF PROXY

Form of proxy for use by shareholders at the extraordinary general meeting (the “Meeting”) of Siberian Mining Group Company Limited (the “Company”) to be held at Meeting Room 4, 7/F, Hongkong International Trade & Exhibition Centre, 1 Trademart Drive, Kowloon Bay, Kowloon, HK on Monday, 8 February 2010 at 3:00 p.m. and at any adjournment thereof.

I/We [(note a)]

of

being the holder(s) of

[(note b)] shares of HK$0.01 each

in the Company hereby appoint the Chairman of the Meeting or

of

to act as my/our proxy [(note c)] at the Meeting to be held on Meeting Room 4, 7/F, Hongkong International Trade & Exhibition Centre, 1 Trademart Drive, Kowloon Bay, Kowloon, HK, 8 February 2010 at 3:00 p.m. a.m. and at any adjournment thereof and to vote on my/our behalf as directed below.

Please make a mark in the appropriate box to indicate how you wish your vote(s) to be cast [(note d)] .

Ordinary Resolution(note i)	For	Against
To approve, confirm and ratify the Modification Deed dated 14 December 2009 (as supplemented by a supplemental deed dated 22 December 2009) entered into between the Company and Cordia and the transactions contemplated thereunder (including but not limited to (i) the issue and the creation of the Restated First Convertible Note, (ii) the allotment and issue of the Conversion Shares upon conversion of the Restated First Convertible Note, (iii) the issue of the Promissory Note, and (iv) to authorize the Directors to do such things as necessaryand expedient therefor).

Dated the day of

Shareholder’s signature

[(notes e, f, g and h)]

Notes:

• a. Please insert full name(s) and address(es) in BLOCK CAPITALS .

• b. Please insert the number of shares registered in your name(s). If no number is inserted, this form of proxy will be deemed to relate to all the shares in the capital of the Company registered in your name(s).

• c. A proxy need not be a member of the Company. If you wish to appoint some person other than the Chairman of the Meeting as your proxy, please delete the words “the Chairman of the Meeting or” and insert the name and address of the person appointed proxy in the space provided.

• d. If you wish to vote for the resolution set out above, please tick (“ ”) the box marked “For”. If you wish to vote against the resolution, please tick (“ ”) the box marked “Against”. If this form returned is duly signed but without specific direction on the proposed resolution, the proxy will vote or abstain at his discretion in respect of the resolution. A proxy will also be entitled to vote at his discretion on any resolution properly put to the Meeting other than those set out in the notice convening the Meeting.

• e. In the case of a joint holding, this form of proxy may be signed by any joint holder, but if more than one joint holder is present at the Meeting, whether in person or by proxy, that one of the joint holder whose name stands first on the register of members in respect of the relevant joint holding shall alone be entitled to vote in respect thereof.

• f. The form of proxy must be signed by a shareholder, or his attorney duly authorised in writing, or if the shareholder is a corporation, either under its Common Seal or under the hand of an officer or attorney so authorised.

• g. To be valid, this form of proxy together with any power of attorney or other authority (if any) under which it is signed or a notarially certified copy of such power or authority must be deposited with Tricor Tengis Limited at 26th Floor, Tesbury Centre, 28 Queen’s Road East, Wanchai, Hong Kong not later than 48 hours before the time of the Meeting or any adjourned meeting.

• h. Any alteration made to this form should be initialled by the person who signs the form.

• i. The description of the resolution is by way of summary only. Please refer to the notice of the Meeting dated 4 January 2010 for the definitions of the capitalised terms and full text of the resolution.

* For identification purpose only