Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.



(A joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock code: 02866) VOLUNTARY ANNOUNCEMENT RECEIPT OF GOVERNMENT SUBSIDIES

According to the "Implementation Plan for Early Retirement and Replacement of Obsolete and Worn-out Transportation Vessels And Single-hull Oil Tankers "and "Administrative Measure For The Special Subsidies Given By The Central Finance To Encourage Retirement And Replacement Of Obsolete and Worn-out Transportation Vessels And Single-hull Oil Tankers "(Caijian [2014] No.
24) jointly promulgated by the Ministry of Finance, the Ministry of Transport, the Development and Reform Commission, and the Ministry of Industry and Information Technology, China Shipping Container Lines Company Limited (together with its subsidiaries, hereinafter collectively referred to as the "Group") has applied for the special subsidies in respect of the retirement and dismantling of five vessels (including "Xiang Rui" vessel) during the period from 1 January 2013 to 30 April
2014, and has received special subsidies in the amount of approximately RMB40 million from the
Ministry of Finance as subsidy for the retirement and replacement of transportation vessels on 29
September 2014.
According to the provisions of Corporate Accounting Standards, the Group has recognized the subsidies received as non-operating income, and included the same in the consolidated profit and loss for 2014 of the Group. The final accounting treatment will be subject to the audit results confirmed by the accounting firm after conducting the annual audit. Receipt of such subsidies will have a positive effect on the 2014 annual results of operation of the Group. Investors are advised to be cautious of investment risks when dealing in the shares of the Company.
By order of the Board of

China Shipping Container Lines Company Limited Yu Zhen

Joint Company Secretary

Shanghai, the PRC
29 September 2014

The Board as at the date of this announcement comprises of Mr. Zhang Guofa, Mr. Huang Xiaowen and Mr. Zhao Hongzhou, being executive Directors, Ms. Su Min, Mr. Ding Nong, Mr. Liu Xihan, Mr. Yu Zenggang and Mr. Chen Jihong, being non-executive Directors, and Ms. Zhang Nan, Mr. Teo Siong Seng, Mr. Chen Lishen, Mr. Guan Yimin and Mr. Shi Xin, being independent non-executive Directors.

* The Company is a registered non-Hong Kong company as defined in the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) and it is registered under its Chinese name and under the English name "China Shipping Container Lines Company Limited".

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