The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
兗州煤業股份有限公司
YANZHOU COAL MINING COMPANY LIMITED
(a joint stock limited company incorporated in the People’s Republic of China with limited liability)
(Stock Code: 1171)
PRICE SENSITIVE INFORMATION
AND
OVERSEAS REGULATORY ANNOUNCEMENT
Yanzhou Coal Mining Company Limited (the
The proposed 2008 Coal Export Contract will involve 500,000 tonnes of coal, representing a decrease of 9.1% or 50,000 tonnes when compared with the coal export contract of the Company for the year 2007. The average price of coal under the 2008 Coal Export Contract is USD151.67 per tonne, representing an increase of USD72.70 per tonne or 92.1% when compared with the coal export contract of the Company for the year 2007.
The Company estimates that the 2008 Coal Export Contract will result in an increase in the Company’s revenue by RMB224.93 million for the year ending 31 December 2008, representing 1.4% of the revenue of the Company for the year ended 31 December 2007. This announcement is made pursuant to Rule 13.09(1) and 13.09(2) of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited.
As at the date of this announcement, the Directors include: Mr. Wang Xin, Mr. Geng Jiahuai, Mr. Yang Deyu, Mr. Shi Xuerang, Mr. Chen Changchun, Mr. Wu Yuxiang, Mr. Wang Xinkun, Mr. Zhang Baocai and Mr. Dong Yunqing. The independent nonexecutive Directors include: Mr. Pu Hongjiu, Mr. Cui Jianmin, Mr. Wang Xiaojun and Mr. Wang Quanxi.
The purpose of this announcement is to disclose the results of the negotiationof the 2008 Coal Export Contract of Yanzhou Coal Mining Company Limited. This announcement is made pursuant to Rule 13.09(1) and Rule 13.09(2) of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited.
By order of the Board
Yanzhou Coal Mining Company Limited
Wang Xin
Chairman
Zoucheng, Shandong Province, PRC,
3 June 2008
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