China Automation Group Ltd. announced pursuant to Section 3.02(d) of the indenture, dated as of April 20, 2011 of the company's election to affect a partial optional redemption of the notes under Section 3.02(a) of the indenture. The company hereby designates January 11, 2016 as the redemption date for the partial optional redemption of notes to be made pursuant to the notice of partial optional redemption. On the optional redemption date, the company shall optionally redeem notes in an aggregate principal amount of USD 42,000,000, on a pro rata basis, at a redemption price equal to 101.9375% of such aggregate principal amount plus accrued and unpaid interest of USD 17.44 per USD 1,000.

Unless the company defaults in making payment of the redemption amount, interest of the notes redeemed will cease to accrue on and after the optional redemption date. The paying and transfer agent for the notes is Citibank, N.A., London Branch, c/o Citibank, N.A., Dublin Branch, 1 North Wall Quay, Dublin 1, Ireland. On the optional redemption date, the redemption price plus accrued and unpaid interest will become due and payable in respect of the notes.

Payment of the redemption price will be subject to the surrender of the notes at the specified office of the registrar or the paying and transfer agent. Payment of principal and interest on the notes will be made through Euroclear Bank S.A./N.V. and Clearstream Banking S.A., in accordance with the provisions of the notes.