On the Morning of November 28, 2007, China Everbright Bank (“the Bank” or “CEB”) held the first extraordinary shareholders’ general meeting of 2007 in Beijing. The meeting reviewed and approved such proposals as the intended investment and share purchase in CEB by China SAFE Investments Limited, personnel reshuffling of the Board of Directors and the Board of Supervisors, change of the registered capital and modification of the Articles of Association. According to the Agreement on Investment and Share Purchase formally signed by the two parties, China SAFE Investments Limited will complete the capital injection as early as practicable, indicating substantial achievements made in the eye-catching CEB restructuring that has lasted for more than three years. In the next step, CEB will press ahead with introduction of strategic investors and IPO.