Yanzhou Coal Mining Co. Ltd. announced that at its EGM held on February 26, 2010, the shareholders approved the nomination of Mr.Li Weimin and Mr.Li was elected as a director of the fourth session of the Board whose appointment is effective from the date of the conclusion of the EGM and will expire on the date of the conclusion of the general meeting for the election of the fifth session of the Board.

Yanzhou Coal Mining Co. Ltd., Board Meeting, Feb 26, 2010 Agenda: To approve the 'Proposal regarding the election of Vice Chairman of Yanzhou Coal Mining Company Limited'; to approve the 'Proposal regarding the expansion of the company's business scope and the amendments to the Articles of Yanzhou Coal Mining Company Limited'.

Yanzhou Coal Mining Co. Ltd. has entered into the provincial thermal coal sales contract for the provision of 10,010,000 tonnes of thermal coal to Shandong province for 2010, representing an increase of 1,748,000 tonnes or 21.2% of the total thermal coal sales under the 2009 Provincial Thermal Coal Sales Contract. The average base price (tax inclusive) under the 2010 Provincial Thermal Coal Sales Contract is RMB 578.26 per tonne, representing an increase of RMB 86.75 per tonne or 17.6% of the average base price (tax inclusive) under the 2009 Provincial Thermal Coal Sales Contract. Among the total quantity of thermal coal to be supplied under the 2010 Provincial Thermal Coal Sales Contract, 4,290,000 tonnes of thermal coal are accounted as sales quantity under the 2010 State Key Thermal Coal Sales Contract, such sales quantity remains at the same level as compared with the sales quantity under the 2009 State Key Thermal Coal Sales Contract. The average base price (tax inclusive) for the 2010 State Key Thermal Coal Sales Contract is RMB 503.86 per tonne, representing an increase of RMB 40.02 per tonne or 8.6% as compared with the average base price (tax inclusive) under the 2009 State Key Thermal Coal Sales Contract.

$3 Billion Barometer Of Trade Tensions