（7 May 2010）China State Construction International Holdings Limited (“CSCI” or “The Group”, Stock Code: 03311) is delighted to announce the Group recently secured one each large infrastructure contract in Jilin and Shanxi Province in Mainland China, with an total attributable contract value of HK$1.96 Billion.

CSCI acquired Yangwu Expressway Investment Management Limited (“Shanxi Project Company”) from CSCECL, CSCI’s parent company at a cost of HK$1.45 Billion. Shanxi Project Company obtained Yangquan Yangwu Expressway (Yangquan to Yuxian section) project with the business model of “Build – Operate – Transfer” (“BOT”). The attributable construction contract value for CSCI is HK$1.50 Billion. The expressway is the connection line between Shijiazhuang to Taiyuan High Speed Railway and Taiyuan to Jiuguan Highway, and is designed as wholly-closed, wholly-viaduct and two-way four-lane road with a total length of 41.2 Km and a designed speed of 80 Km per hour. The project started construction in November 2008 and is expected to complete and start operation in early 2011. CSCI will have a concession period of 30 years.

CSCI entered into a JV agreement with CCSED, one of the CSCI’s sister companies in Mainland China, to form the Jilin JV on a 70:30 basis for the construction of Wusong Bridge and People’s Theatre in Jilin City, Jilin Province, with the business model of “Build – Transfer” (“BT”) . The total construction contract value is HK$660 Million, in which the attributable portion for CSCI is HK$460 Million. The construction period for both projects is less than 2 years and Jilin government will repurchase the projects at 5 intervals within 5 years upon completion. CSCI will invest HK$40 Million at the initial stage as the registered capital and the remaining funding of the projects will be financed from banks by Jilin JV.

The management expects these infrastructure projects will further expand CSCI’s infrastructure investment business in Mainland China, strengthen the Group’s recurring income base, and obtain favorable return for shareholders.