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.


COASTAL GREENLAND LIMITED

*

(Incorporated in Bermuda with limited liability)

(Stock Code: 01124) CLARIFICATION ANNOUNCEMENT

Reference is made to the notice of AGM (the "Notice") as set out in the circular (the "Circular") of Coastal Greenland Limited (the "Company") dated 31 July 2015 and the form of proxy for the AGM (the "Original Proxy Form") despatched with the Circular. Unless otherwise defined in this announcement, terms used herein shall have the same meanings as those defined in the Circular.
The Board noted that there was a typographical error in each of the Notice and the Original Proxy Form, where it was mistakenly stated in resolution 2.(I)(b) as "To re-elect Mr. Cai Shaobin as an independent non-executive Director". The Board would like to clarify that resolution 2.(I)(b) of each of the Notice and the Original Proxy Form should be read as "To re-elect Mr. Cai Shaobin as an executive Director" instead.
Printed copies of the revised form of proxy (the "Revised Proxy Form") will be despatched to the Shareholders on or before 10 September 2015. The Revised Proxy Form will also be available on the website of Stock Exchange. The date, time and venue for holding the AGM remain unchanged.
Whether or not you are able to attend the AGM, you are required to complete and return the Revised Proxy Form in accordance with the instructions printed thereon as soon as possible and in any event not less than 48 hours before the time appointed for holding the AGM (the "Proxy Closing Time") or any adjournment thereof (as the case may be).
A Shareholder who has not yet lodged the Original Proxy Form with the Company's branch registrar in Hong Kong is required to lodge the Revised Proxy Form if he or she wishes to appoint proxies to attend the AGM on his or her behalf. In this case, the Original Proxy Form should NOT be lodged with the Company's branch registrar in Hong Kong.
Shareholders should note that:
(a) if no Original Proxy Form is lodged with the Company's branch registrar in Hong Kong and the Revised Proxy Form is lodged with the Company's branch registrar at or prior to the Proxy Closing Time, the Revised Proxy Form, if correctly completed and signed, will be treated as a valid form of proxy lodged by him or her. The proxy so appointed by the Shareholder will be entitled to vote at his or her discretion or to abstain on any resolution properly put to the AGM in addition to those set out in the Notice;
1
(b) if both the Original Proxy Form and the Revised Proxy Form, in each case, correctly completed and signed, are lodged with the Company's branch registrar in Hong Kong at or prior to the Proxy Closing Time, the Revised Proxy Form will be treated as a valid form of proxy lodged by the relevant Shareholder; and
(c) if the Original Proxy Form has already been lodged with the Company's branch registrar in Hong Kong at or prior to the Proxy Closing Time but no Revised Proxy Form is lodged with the Company's branch registrar at or prior to the Proxy Closing Time or if the Revised Proxy Form is lodged with the Company's branch registrar after the Proxy Closing Time or if the Revised Proxy Form is invalid for whatever reasons, the Original Proxy Form will be treated as valid form of proxy if correctly completed and signed. The proxy so appointed under the Original Proxy Form will be entitled to vote at his or her discretion or to abstain at the AGM on resolution 2.(I)(b) as set out in the Notice.
Shareholders are reminded that completion and delivery of the Original Proxy Form and/or the Revised Proxy Form will not preclude the Shareholders from attending and voting in person at the AGM or at any adjourned meeting should they so wish.
By order of the Board

Coastal Greenland Limited Jiang Ming

Chairman

Hong Kong, 8 September 2015

As at the date of this announcement, the Board comprises Mr. Jiang Ming, Mr. Tao Lin, M r. Cai Shaobin and Ms. Wang Hongmei as executive Director s, M r. Lu Jiqiang and Dr. Dai Jingming as non-executive Directors and Mr. Chen Xiaotian, Mr. Wong Kai Cheong and Mr. Yang Jiangang as independent non-executive Directors.

* For identification purposes only

2

distributed by