Sinotrans Shipping : NOTICE OF EXTRAORDINARY GENERAL MEETING

145c7f25-e7a3-451c-a912-e8f546a78bf3.pdf

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.

(Incorporated in Hong Kong with limited liability)

(Stock Code: 368) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that the extraordinary general meeting (the "EGM") of Sinotrans Shipping Limited (the "Company") will be held at Ballroom, Level 1, South Pacific Hotel, 23 Morrison Hill Road, Wanchai, Hong Kong on Wednesday, 29 June 2016 at 12:00 p.m. (or so soon thereafter as the annual general meeting to be held at 10:30 a.m. on the same date and at the same place shall have been concluded and adjourned) for the purpose of considering and, if thought fit, passing the following resolutions as ordinary resolutions of the Company: ORDINARY RESOLUTIONS

1. "THAT

2. the New Supplemental Parent Master Services Agreement dated 13 June 2016 (the "New Supplemental Parent Master Services Agreement") entered into between the Company and the Parent Company (as defined in the circular of the Company dated 13 June 2016) (the "Circular") and the transactions contemplated thereunder, a copy of the New Supplemental Parent Master Services Agreement is tabled at the meeting and marked "A" and initialed by the chairman of the meeting for identification purpose, be and are hereby approved, confirmed and ratified;

3. any one director of the Company, or any two directors of the Company if the affixation of the common seal is necessary, be and is/are hereby authorised to sign and execute all documents, instruments and agreements and to do all such acts or things deemed by him/her to be incidental to, ancillary to or in connection with the matters contemplated in the New Supplemental Parent Master Services Agreement and completion thereof."

4. "THAT

5. the Hoi Tung Master Services Agreement dated 13 June 2016 (the "Hoi Tung Master Services Agreement") entered into between the Company and HK Hoi Tung (as defined in the Circular) and the transactions contemplated thereunder, a copy of the Hoi Tung Master Services Agreement is tabled at the meeting and marked "B" and initialed by the chairman of the meeting for identification purpose, be and are hereby approved, confirmed and ratified;

6. any one director of the Company, or any two directors of the Company if the affixation of the common seal is necessary, be and is/are hereby authorised to sign and execute all documents, instruments and agreements and to do all such acts or things deemed by him/her to be incidental to, ancillary to or in connection with the matters contemplated in the Hoi Tung Master Services Agreement and completion thereof."

7. "THAT

8. the CMG Industrial Maintenance and Repairing Services Agreement dated 13 June 2016 (the "CMG Industrial Maintenance and Repairing Services Agreement") entered into between the Company and CMG Industrial (as defined in the Circular) and the transactions contemplated thereunder, a copy of the CMG Industrial Maintenance and Repairing Services Agreement is tabled at the meeting and marked "C" and initialed by the chairman of the meeting for identification purpose, be and is hereby approved, confirmed and ratified;

9. any one director of the Company, or any two directors of the Company if the affixation of the common seal is necessary, be and is/are hereby authorised to sign and execute all documents, instruments and agreements and to do all such acts or things deemed by him/her to be incidental to, ancillary to or in connection with the matters contemplated in the CMG Industrial Maintenance and Repairing Services Agreement and completion thereof."

10. "THAT

11. the CMG Logistic Services Agreement dated 13 June 2016 (the "CMG Logistic Services Agreement") entered into between the Company and CMG Logistic (as defined in the Circular) and the transactions contemplated thereunder, a copy of the CMG Logistic Services Agreement is tabled at the meeting and marked "D" and initialed by the chairman of the meeting for identification purpose, be and is hereby approved, confirmed and ratified;

12. any one director of the Company, or any two directors of the Company if the affixation of the common seal is necessary, be and is/are hereby authorised to sign and execute all documents, instruments and agreements and to do all such acts or things deemed by him/her to be incidental to, ancillary to or in connection with the matters contemplated in the CMG Logistic Services Agreement and completion thereof."

13. "THAT

14. the New Sinochart Master Services Agreement dated 13 June 2016 (the "New Sinochart Master Services Agreement") entered into between the Company and Sinochart (as defined in the Circular) and the transactions contemplated thereunder, a copy of the New Sinochart Master Services Agreement is tabled at the meeting and marked "E" and initialed by the chairman of the meeting for identification purpose, be and is hereby approved, confirmed and ratified;

15. any one director of the Company, or any two directors of the Company if the affixation of the common seal is necessary, be and is/are hereby authorised to sign and execute all documents, instruments and agreements and to do all such acts or things deemed by him/her to be incidental to, ancillary to or in connection with the matters contemplated in the New Sinochart Master Services Agreement and completion thereof."

16. "THAT

17. the New SNL Master Services Agreement dated 13 June 2016 (the "New SNL Master Services Agreement") entered into between the Company and Sinotrans Container Lines (as defined in the Circular) and the transactions contemplated thereunder, a copy of the New SNL Master Services Agreement is tabled at the meeting and marked "F" and initialed by the chairman of the meeting for identification purpose, be and is hereby approved, confirmed and ratified;

18. any one director of the Company, or any two directors of the Company if the affixation of the common seal is necessary, be and is/are hereby authorised to sign and execute all documents, instruments and agreements and to do all such acts or things deemed by him/her to be incidental to, ancillary to or in connection with the matters contemplated in the New SNL Master Services Agreement and completion thereof."

19. "THAT

20. the New Supplemental Parent Master Chartering Agreement dated 13 June 2016 (the "New Supplemental Parent Master Chartering Agreement") entered into between the Company and the Parent Company and the transactions contemplated thereunder, a copy of the New Supplemental Parent Master Chartering Agreement is tabled at the meeting and marked "G" and initialed by the chairman of the meeting for identification purpose, be and is hereby approved, confirmed and ratified;

21. any one director of the Company, or any two directors of the Company if the affixation of the common seal is necessary, be and is/are hereby authorised to sign and execute all documents, instruments and agreements and to do all such acts or things deemed by him/her to be incidental to, ancillary to or in connection with the matters contemplated in the New Supplemental Parent Master Chartering Agreement and completion thereof."

22. "THAT

23. the CMG Energy Master Chartering Agreement dated 13 June 2016 (the "CMG Energy Master Chartering Agreement") entered into between the Company and China Merchants Energy (as defined in the Circular) and the transactions contemplated thereunder, a copy of the CMG Energy Master Chartering Agreement is tabled at the meeting and marked "H" and initialed by the chairman of the meeting for identification purpose, be and is hereby approved, confirmed and ratified;

24. any one director of the Company, or any two directors of the Company if the affixation of the common seal is necessary, be and is/are hereby authorised to sign and execute all documents, instruments and agreements and to do all such acts or things deemed by him/her to be incidental to, ancillary to or in connection with the matters contemplated in the CMG Energy Master Chartering Agreement and completion thereof."

25. "THAT

26. the New Sinochart Master Chartering Agreement dated 13 June 2016 (the "New Sinochart Master Chartering Agreement") entered into between the Company and Sinochart and the transactions contemplated thereunder, a copy of the New Sinochart Master Chartering Agreement is tabled at the meeting and marked "I" and initialed by the chairman of the meeting for identification purpose, be and is hereby approved, confirmed and ratified;

27. any one director of the Company, or any two directors of the Company if the affixation of the common seal is necessary, be and is/are hereby authorised to sign and execute all documents, instruments and agreements and to do all such acts or things deemed by him/her to be incidental to, ancillary to or in connection with the matters contemplated in the New Sinochart Master Chartering Agreement and completion thereof."

28. "THAT

29. the New SNL Master Chartering Agreement dated 13 June 2016 (the "New SNL Master Chartering Agreement") entered into between the Company and Sinotrans Container Lines and the transactions contemplated thereunder, a copy of the New SNL Master Chartering Agreement is tabled at the meeting and marked "J" and initialed by the chairman of the meeting for identification purpose, be and is hereby approved, confirmed and ratified;

30. any one director of the Company, or any two directors of the Company if the affixation of the common seal is necessary, be and is/are hereby authorised to sign and execute all documents, instruments and agreements and to do all such acts or things deemed by him/her to be incidental to, ancillary to or in connection with the matters contemplated in the New SNL Master Chartering Agreement and completion thereof."

- 4 -