A Share Issue 4

8 Aug 2006 07:02

Air China Ld08 August 2006 The Stock Exchange of Hong Kong Limited takes no responsibility for the contentsof this announcement, makes no representation as to its accuracy or completenessand expressly disclaims any liability whatsoever for any loss whatsoever arisingfrom or in reliance upon the whole or any part of the contents of thisannouncement. AIR CHINA LIMITED (a joint stock limited company incorporated in the People's Republic of China with limited liability) (Stock Code: 753) Determination of Offer Size and Offer Price for A Share Issue SUMMARY Pursuant to the A Share Issue, the Company will issue 1,639,000,000 A Shares at the offer price of RMB2.80 per share. Reference is made to the announcement dated 31 July 2006 in respect of the CSRCapproval of the A Share Issue and the announcement dated 3 August 2006 inrespect of the determination of indicative price range for the A Share Issue. Pursuant to the A Share Issue, the Company will issue 1,639,000,000 A Shares atthe offer price of RMB2.80 per share. DEFINITIONS In this announcement, unless the context otherwise requires, the following termsshall have the following meanings: "A Shares" the Domestic Shares which are proposed to beallotted and issued by the Company to qualified institutional investors asapproved by CSRC and investors including domestic individuals, legal persons andetc. who have opened accounts at the Shanghai Stock Exchange (except thoseprohibited from subscribing for the shares by the applicable laws andregulations at the time of the A Share Issue) and listed on the Shanghai StockExchange "A Share Issue" the proposed issue of not more than 2.7 billionA Shares by Company to qualified institutional investors as approved by CSRC andinvestors including domestic individuals, legal persons and etc. who have openedaccounts at the Shanghai Stock Exchange (except those prohibited fromsubscribing for the shares by the applicable laws and regulations at the time ofthe A Share Issue), which are proposed to be listed on the Shanghai StockExchange "Company" Air China Limited, a company incorporated in thePeople's Republic of China with primary listing on The Stock Exchange of HongKong Limited and secondary listing on the Official List of the UK ListingAuthority "CSRC" China Securities Regulatory Commission "Director(s)" the director(s) of the Company "Domestic Shares" the ordinary shares of RMB1.00 each issued by theCompany, which are subscribed for or credited as fully paid up in Renminbi "PRC" the People's Republic of China, excluding, for the purpose of this announcement only, Hong Kong, Macau and Taiwan "RMB" Renminbi, the lawful currency of the PRC By order of the Board Air China Limited Zheng Baoan Li Man Kit Joint Company Secretaries Beijing, 8 August 2006 As at the date of this announcement, the Directors of the Company are Messrs LiJiaxiang, Kong Dong, Wang Shixiang, Yao Weiting, Christopher Dale Pratt, MaXulun, Cai Jianjiang, Fan Cheng, Hu Hung Lick, Henry*, Wu Zhipan*, Zhang Ke* andJia Kang*. * Independent non-executive Director of the Company This information is provided by RNS The company news service from the London Stock Exchange