It is again time for me to report on our annual results. I am honored to report to you that during last year, CNOOC Limited has once again fulfilled our targets set at the beginning of the year. Our net production for the year increased by 2.6% to 171 million barrels-of-oil-equivalent (BOE); our proven reserves amounted to 2.6 billion BOE, with a reserve replacement ratio of 142%; our net profit was approximately RMB31.3 billion. The board of directors (the “Board”) has proposed a final dividend of HK$0.17 per share.

In 2007, our total revenue was RMB99.54 billion, an increase of 4.4% from 2006. Our service revenue was RMB94.64 billion, an increase of 3.9% from 2006. Service revenue from our GSM business was RMB62.78 billion, while service revenue from our CDMA business was RMB27.73 billion. Service revenue from the long-distance, data and Internet businesses amounted to RMB4.13 billion. Our profit for the year was RMB9.30 billion, an increase of 144.7% from 2006. Basic earnings per share reached RMB0.713, an increase of 136.1% from 2006. Excluding the effect on changes in fair value of derivative component of convertible bonds and tax refund on reinvestment, our profit before income tax would be increased by 19.9% from 2006, profit for the year would be RMB7.09 billion, an increase of 14.4% from 2006, while basic earnings per share would reach RMB0.544. Our debt-to-capitalization ratio declined from 24.3% as at the end of 2006 to 3.8% as at the end of 2007. Free cash flow was RMB6.61 billion.

Dear shareholders,
It is again time for me to report on our annual results. I am honored to report to you that during last year, CNOOC Limited has once again fulfilled our targets set at the beginning of the year. Our net production for the year increased by 2.6% to 171 million barrels-of-oil-equivalent (BOE); our proven reserves amounted to 2.6 billion BOE, with a reserve replacement ratio of 142%; our net profit was approximately RMB31.3 billion. The board of directors (the “Board”) has proposed a final dividend of HK$0.17 per share. The figures speak for themselves, demonstrating that CNOOC Limited has fulfilled its commitments, enhanced corporate values, and managed to maintain a stable track in maximizing shareholders’ return. You can be proud of your investment on CNOOC Limited while I am also honored about our remarkable results. Nevertheless, we will not stop with what we have achieved. Enhancing corporate value and shareholders’ return is only one of our goals, although it has always been the most important one. I sincerely hope that in addition to enhancing the Company’s intrinsic value and creating value for shareholders, CNOOC Limited can contribute to the industry’s well-being and development, and further dedicate our efforts to address the energy needs of humanity and the community. I would like to take this opportunity to share my thoughts with you so as to further increase your understanding of CNOOC Limited.

The Company intends to revise the existing annual cap for the year ending December 31, 2008 in respect of the CLIC Asset Management Agreement dated December 27, 2005. In addition, for the reasons set out below, the annual cap in respect of the CLIC Asset Management Agreement for the year ended December 31, 2007 has slightly exceeded the original annual cap by RMB2 million. Given that each of the revised annual cap for the year ending December 31, 2008 and the actual service fees paid for the year ended December 31, 2007 under the CLIC Asset Management Agreement represents less than 2.5% of the applicable percentage ratios as defined in the Listing Rules, the transactions contemplated thereunder fall within Rule 14A.34 of the Listing ules, and are only subject to the reporting, announcement and annual review requirements under the Listing Rules and are exempt from independent shareholders’ approval.

The telecommunications industry is undergoing rapid and profound changes. It is hard for the traditional operational model to keep up with the fast growth in demand and the quick pace of technological innovation. We firmly believe that the only way to sustain growth and enhance value for our shareholders is to deliver breakthrough innovation, embrace challenge proactively, and drive trends rather than following them. In 2008, the Company will continue its strategic transformation into a broadband communications and multimedia service provider. For our public subscribers, we will leverage opportunities presented by the exponential growth of the Internet to attract more broadband access subscribers, strengthen the integration of content and applications, and deliver content and applications to user terminals via “CNC MAX” Client and HomeBox. The Company will expand its advertising and media business by optimizing its internal resources, which will generate new factors to drive sustainable growth.

It's just my personally view of the inflation of China: trigged by pork &food, further elevated by PPI and other factors in global raw material,grain price boom. Generally, I am not so pessimistic as others in the pridiction of 2008's inflation trend.I am not saying that the 2008 inflation pressure in China will be lighten, but I just didn't feel it caused a large scare of price increase amony people when I was in China the last Dec. In my city, a middle sized city in China,everyone did realize the price change in the life necessaries,and maybe some people need to make some budget plan,but you can still see people crowded in the market,even those from disadvantaged background, with basket full as usual to prepare for a happy Chinese New Year. No any disorders.

This notice is made pursuant to section 99 of the Companies Ordinance (Chapter 32 of Laws of Hong Kong). Reference is also made to the 2007 annual results announcement of China Mobile Limited (the ‘‘Company’’) published on 19 March 2008. Notice is hereby given that the register of members of the Company will be closed from 6 May 2008 to 8 May 2008 (both days inclusive). During this period, no transfer of shares will be registered. In order to qualify for the 2007 ordinary final and special final dividends, all transfers of shares accompanied by the relevant share certificates must be lodged with the Company’s share registrar, Hong Kong Registrars Limited, at Shops 1712–1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Wan Chai, Hong Kong not later than 4:30 p.m. on 5 May 2008. The ordinary final and special final dividends will be paid on or about 21 May 2008 to those shareholders on the register of members on 8 May 2008.

Business Prospects: Looking forward in 2008, the global economy will hopefully maintain steady growth, and the Chinese economy will maintain its rapid growth momentum. These will continue to fuel the demand for oil and natural gas and petrochemical products. Government regulations will become more stringent. The public will be more concerned with changes in crude oil prices and stability in oil and gas supply. Confronted with complicated and ever changing external environments, and ever increasing market competition, the Group will seek new growth engines positively in order to achieve good and rapid business developments, and continue to implement the three main strategies in the areas of resources, marketing and internationalisation of operations.

The board of directors (the “Board”) of China Telecom Corporation Limited (the “Company”) announces that a meeting of the Board of the Company will be held on Monday, 31 March 2008 to approve, among other matters, the annual results of the Company and its subsidiaries and to consider the payment of the final dividend for the year ended 31 December 2007.

The Board is pleased to disclose the operational statistics of the Group for the month of February 2008. The Board of the Company (the “Board”) is pleased to disclose the operational statistics of the Company and its subsidiaries (collectively the “Group”) for the month of February 2008. Operational statistics for the month of February 2008 and the comparative figures for the previous month are as follows:

In recent years, international crude oil prices have been fluctuating at a high level, and the prices has surged substantially since the second half of 2007. The stringent control on the prices of domestic petroleum product in China has led to a distortion to the correlation in prices between crude oil and petroleum products. As part of non-state owned or controlled local refineries failed to operate in full capacity or even closed down because of the loss and there had been an increased consumption of diesel during the winter period in 2007, there were supply shortages of petroleum products in certain regional markets. In order to safeguard the stable operation of the petroleum product market, China Petroleum & Chemical Corporation and its subsidiaries (including the Company) have adopted a variety of measures to safeguard the supply of petroleum products in the domestic market, achieving significant results. Accordingly

Financial Results
In 2007, the Group’s operating revenue continued to grow, reaching RMB356,959 million, representing an increase of 20.9 per cent. over the previous year. Profitability was significantly enhanced, and profit attributable to shareholders reached RMB87,062 million — an increase of 31.9 per cent. over the previous year. Margin of profit attributable to shareholders reached 24.4 per cent., which is high compared to industry standards. EBITDA reached RMB194,003 million, representing an increase of 21.6 per cent. over the previous year while basic earnings per share reached RMB4.35, an increase of 31.0 per cent. over the previous year. I am delighted to say that the Company’s financial strength as shown by its strong cash flow and sound capital structure provides a solid foundation for sustainable future development.

In 2007, on the whole, international crude oil prices continued to soar. In particular, since September 2007, oil prices broke the US$80 per barrel and US$90 per barrel marks, reaching nearly US$100 per barrel by the end of the year. In general, market considered the surge in the crude oil prices was primarily due to factors including strong growth in demand, a decline in crude oil inventories, speculative activities, geopolitical instabilities in certain oil producing countries and continued weakening of the US dollars. The annual average prices for WTI, Brent and Minas crude oil were US$72.16, US$72.38 and US$73.40 per barrel, respectively, representing an increase of US$6.12, US$7.32 and US$8.16 per barrel, respectively, over the annual average prices in 2006. Corresponding to the rise in international crude oil prices, the average price for domestic crude oil in 2007 was higher than that of 2006. According to the relevant statistics, domestic crude oil imports continued to increase in 2007 by 14.4% to a net total of 159 million tons compared with the previous year. Domestic crude oil output and the amount of crude oil processed reached 186 million tons and 306 million tons, respectively.
For the twelve months ended December 31, 2007, profit before taxation of the Group was RMB204,381 million, representing an increase of 2.6% compared with the previous year. Net profit attributable to equity holders of the Company (“Net profit”) was RMB145,625 million, representing an increase of 2.4% compared with the previous year. The main performance indicators of the Group have achieved record high again and the overall business strengths of the Group improved markedly. Major discoveries were made through the Group’s oil and gas exploration. The oil and gas output reached another historical high in 2007. Production and marketing of refined products were steady, and the Group was able to effectively meet market demands. There was rapid progress in the development of natural gas pipelines, and construction of key projects was smooth. Development of the international operations of the Group has continued, paving the way for gradual expansion in the scale of the business of the Group’s international operations.

The unaudited accumulated premiums income of the Company for the period from 1 January 2008 to 29 February 2008 was about RMB59.7 billion. The figure is to be released on CIRC's website at www.circ.gov.cn.

HIGHLIGHTS • Consolidated revenue amounted to RMB76,180 million, an increase of 17.51% over 2006. • Consolidated profit attributable to the equity holders of the Company for the year was RMB10,245 million and earnings per share was RMB0.82. • Production of primary aluminum reached 2.8 million tonnes, an increase of 45.08% over 2006.

The Board of Directors (the “Board”) of China Life Insurance Company Limited (the “Company”) hereby announces that a Board meeting will be held on Tuesday, 25 March, 2008 for the purpose of considering and approving the final results of the Company for the year ended 31 December, 2007 and the recommendation of a final dividend, if any, and transacting any other business.

Shares of Chinese equities listed on U.S. exchanges, referred to as ADRs, are trading sideways after the open. Large cap stocks seem to be consolidating after yesterday's huge rally with Baidu.com as exception. China's search engine giant, Baidu, is up another $5.27 at $265.66 passing the $260 resistance level easily. Baidu reported strong 2007 Q4 and full year earnings yet was on the low side, following weak market sentiment. But this time when sentiment is undecided, fundamentals came back on play, propelling Baidu back to the $260+ range.

Major U.S. indices welcomed the news seding the DJIA up 272 points to12,012. Chinese ADRs followed suit with top ten movers on the table below. Momentum kept rolling and Chinese ADRs had the best day in modern history: all major Chinese ADR indices rallied over 6 percent. The China ADR Index (CAI) rose 7.79% or 77.88 points today to close at 860.68. Index heavy-weights pulled the index with energy companies leading. All of China's oil triumvirate advanced, PetroChina (PTR), CNOOC (CEO) and Sinopec (SNP). China's third largest cola miner Yanzhou Coal (YZC) was on fire just as China's leading search engine giant, Baidu.com (BIDU).

Special Notification China Shenhua Energy Company Limited and all members of its board of directors warrant the authenticity, accuracy and completeness of the information contained in this announcement, and jointly and severally accept full responsibility for any misrepresentation, misleading statements or material omissions contained in this announcement.

CTRP delivered a well-above-expectation performance in Q4 2007. Its sales revenue was RMB383 million (USD53 million) in Q4 2007, increasing 59% from Q4 2006 and 11% from Q3 2007. Of the revenues in Q4 2007, hotel reservations generated RMB196 million (USD27 million), rising 42% from Q4 2006 and 12% from Q3 2007 and air ticketing generated RMB154 million (USD21 million), increasing 78% from Q4 2006 and 12% from Q3 2007. Packaged tour contributed RMB 22 million (USD3 million), growing 100% from Q4 2006 and 6% from Q3 2007. The annual revenue in 2007 reached RMB1.2 billion (USD164 million), increasing 54% from year 2006. In comparison, its competitor elong, which reported a loss of RMB 14 million, reduces RMB 2.4 million.

A near 20 percent correction in the Chinese stock universe in January marked the worst month for Hong Kong equities since Oct. 1997 as rising risks of a U.S. recession prompted a global equities sell-off. As the following chart suggests, the Hang Seng Index of Hong Kong lost 15 percent in January alone. U.S. listed Chinese stocks did not make it any better as the broad China ADR Index or CAI lost 14.7 percent, too. U.S. stocks held up better, sending the DJIA down 4.9 percent for the month to 12,650. To make matters worse, ratings agency Standard & Poor's said it cut or may cut its rating on up to $534 billion of subprime bonds. Where is the bottom? Where do Chinese ADRs go from here?