Dear Valued Clients and Beneficiaries,

SZITIC• Mingda I 5th dividend paying plan is as follows: Each share of the trust will be paid RMB18.00. Date of record is on July 18th, 2006, dividend paying day is on July 28th, 2006. Any beneficiary who has record on the trust fund on July 18th, 2006 is entitled to the dividend. If beneficiary decide to receive the dividend in cash, he/she should make a written notification to the trustee before July 24th, 2006, otherwise the dividend will be paid in shares of the trust. The amount of dividend paid will be converted to shares of the trust base on the ex-right value (RMB110.15) of the net value (RMB128.15) per share of July 14th, 2006.

Portfolio Advisor Tel:  0755-25919009、25919010
Trustee Consultant Tel: 0755-33380632、33382877、33382872