China Merchants Holdings (International) Company Limited provides earnings guidance for the six months ended June 30, 2012. For the period, the company expected significant decline of profit as compared with the same period last year. The expected decline in the interim results of the Group was primarily attributable to the following reasons: an estimated decline of 55% to 75% in the net profit of China International Marine Containers (Group) Co. Ltd., an associate of the Company, for the six months ended 30 June 2012 as compared with the same period last year, resulting in a corresponding estimated decline in the profit of the Group; and the gain of HKD 1,367 million resulting from the deemed disposal of an interest in an associate in the same period last year will not occur in 2012.