Announcement

The Stock Exchange has received a message from Zhuzhou CSR Times Electric

Co., Ltd., a new listing applicant, which is reproduced as follows:-

2006

"Announcement of the Offer Price, the level of indication of

interest in the International Placing, results of applications

and basis of allocation of the Public Offer Shares

under the Public Offer to be published in the

South China Morning Post (in English) and the

Hong Kong Economic Times (in Chinese) on or before      19 December

Despatch of Share certificates or deposit of the Share

certificates into CCASS in respect of wholly or partially

successful applications on or before                    19 December

Despatch of refund cheques in respect of wholly successful

(if applicable) or wholly or partially unsuccessful applications

on or before                                            19 December

Dealings in H Shares on the Stock Exchange

to commence on                                  9:30 a.m. on 20 December

If you are applying using a WHITE Application Form and you elect to

receive any Share certificate(s) in your name:

Refund cheques for these applicants who apply for less than 1,000,000

Public Offer Shares are expected to be dispatched on or before 19 December

2006 to the same address as that specified in the relevant Application

Forms.

Applicants who apply on WHITE Application Forms for 1,000,000 Public Offer

Shares or more under the Public Offer and have indicated in their

Application Forms that they wish to collect Share certificates and (where

applicable) refund cheques in person from the Company‘s Hong Kong share

registrar may collect Share certificates and (where applicable) refund

cheques in person from the Company‘s Hong Kong share registrar,

Computershare Hong Kong Investor Services Limited, at Shops 1712-16, 17/F,

Hopewell Centre, 183 Queen‘s Road East, Wanchai, Hong Kong, from 9:00 a.m.

to 1:00 p.m. on 19 December 2006.

Applicants being individuals who opt for personal collection cannot

authorise any other person to make collection on their behalf. Corporate

applicants who opt for personal collection must attend by their authorised

representatives bearing letters of authorisation from the corporation

stamped with the corporation‘s respective chops. Both individuals and

authorised representative (if applicable) must produce, at the time

of collection, identification and (where applicable) authorisation

documents acceptable to the Company‘s Hong Kong share registrar.

Uncollected Share certificates and (where applicable) refund cheques will

be dispatched by ordinary post at the applicants‘ own risk to the

addresses specified in the relevant Application Forms.

18 December 2006"

Zhuzhou CRRC Times Electric Co., Ltd.
All Rights Reserved Private Policy