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Yanzhou Coal Mining Company (the “Company”) announces that effective on 27 June 2008 (Eastern Standard Time), its American Depository Shares (“ADS”) ratio has changed from one (1) ADS representing fifty (50) H Shares to one (1) ADS representing ten (10) H Shares (“Ratio Change”). The Ratio Change was effected with respect to the holders of ADSs on record on 28 May 2008. The new ADSs will be distributed to the holders of ADSs on or about 3 July 2008 (Eastern Standard Time). No additional H Shares will be issued by reason of the Ratio Change.

By order of the Board of Directors of Yanzhou Coal Mining Company Limited

The ADS ratio of the Company has been changed from one ADS representing 50 H Shares to one ADS representing 10 H Shares. This ratio change was taken effect on 27 June 2008 (Eastern Standard Time). No additional H Shares will be issued by reason of this ratio change.