CNPC Hong Kong Ltd., Special/Extraordinary Shareholders Meeting, Oct 20, 2009, at 11:00 CCT - China Coast, USSR Zone 7. Location: Bowen Room, 7/F., Conrad Hong Kong, Pacific Place, 88 Queensway, Hong Kong. Agenda: To consider the transactions contemplated under the acquisition agreement be and are here by generally and unconditionally approved and to consider any one director of the company be and is/ are here by authorised for and on behalf of the company to sign, and where required, to affix the common seal of the company to any documents, instruments or agreements, and to do any acts and things deemed by him to be necessary or expedient in order to give effect to the Zhongyou Zhongtai Acquisition.

CNPC Hong Kong Ltd. reported unaudited consolidated financial results for the six months ended June 30, 2009. The company reported cash flows from operating activities of HKD 206,198,000 and capital expenditure of HKD 273,039,000 against cash flows from operating activities of HKD 1,492,091,000 and capital expenditure of HKD 245,604,000 for the same period a year ago.

CNPC Hong Kong Ltd. reported consolidated unaudited earnings results for the full year ended June 30, 2009. For the period, revenue was HKD 2,005.72 million against HKD 3,602.56 million a year ago. Profit before income tax expense was HKD 486.72 million against HKD 2,840.91 million a year ago. Profit for the period was HKD 366.88 million against HKD 2,262.74 million a year ago. Profit for the period attributable to owners of the company was HKD 316.35 million or 7.05 cents per diluted share against HKD 1,649.29 million or 33.67 cents per diluted share a year ago.