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COASTAL GREENLAND LIMITED

*

(Incorporated in Bermuda with limited liability)

(Stock Code: 01124) POLL RESULT OF SPECIAL GENERAL MEETING HELD ON 23 JULY 2015

The Board is pleased to announce that the resolution proposed at the SGM held on 23 July 2015 approving the Agreement and the transactions contemplated thereunder was duly passed by the Shareholders by way of poll.

Reference is made to the circular (the "Circular") of Coastal Greenland Limited (the "Company") dated 30 June 2015 relating to the Acquisition which constitutes a major transaction on the part of the Company. Capitalised terms used in this announcement shall have the same meaning as those defined in the Circular unless defined otherwise.

RESULTS OF SPECIAL GENERAL MEETING

The Board is pleased to announce that the resolution (the "Resolution") proposed at the SGM held on 23 July 2015 approving the Agreement and the transactions contemplated thereunder was duly passed by the Shareholders by way of poll.
As at the date of the SGM, the total number of issued shares of the Company was 4,185,874,285
Shares, which was the total number of Shares entitling the Shareholders to attend and vote for or against the Resolution at the SGM. There were no Shares entitling the Shareholders to attend and abstain from voting in favour of the Resolution at the SGM.
The Hong Kong branch share registrar of the Company, Tricor Tengis Limited, was appointed as the scrutineer at the SGM for the purpose of vote taking.
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The Board is pleased to announce that the Resolution was duly passed by the Shareholders as an ordinary resolution of the Company at the SGM. The voting result for the Resolution was as follows:

Ordinary Resolution

No. of votes (%)

Ordinary Resolution

For

Against

To approve the Agreement and the transactions contemplated thereunder.

2,305,708,557

(100%)

0

(0%)

By order of the Board

Coastal Greenland Limited Jiang Ming

Chairman

Hong Kong, 23 July 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

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