The second interim meeting of the fourth Board of Directors of China Everbright Bank (CEB) was held in Beijing on August 15, 2007.

　　The Meeting reviewed and approved the Proposal on Investment of Central SAFE Investments Limited (Huijin) to China Everbright Bank, and agreed in principle to present to the Shareholders’ General Meeting for approval the matter that Huijin contribute no more than RMB20 billion US dollars to CEB and purchase new shares of CEB at the price of RMB1.00 per share (the proposal shall come into effect after obtaining the approval of the Shareholders’ General Meeting); the management is authorized to initiate negotiations with Huijin on relevant agreements concerning the investment, and present a report to the Board of Directors for review and the Shareholders’ General Meeting for approval after a consensus is reached.

　　The Meeting also considered and approved the Proposal on Convening the First Extraordinary Shareholders’ General Meeting of China Everbright Bank in 2007.