Further re scrip dividend and Directors' dealings

China Chaintek United Co., Ltd

("Chaintek" or the "Company")

Further re scrip dividend

Directors' dealings

China Chaintek United Co., Ltd (AIM: CTEK), the provider of logistics services to manufacturers of consumer goods in China, is pleased to announce that valid mandate forms in respect of the cash dividend have been received in respect of 11,003,098 ordinary shares, including 3,822,137 and 3,620,973 from Odylink Limited and Golden Plan Development Limited, both shareholders connected with Executive Directors of the Company. In consequence, a total cash dividend payment of £440,000 will be made on 9 June 2014 to shareholders so electing with the balance of the final dividend of 4 pence per share being satisfied by the allotment of 1,674,441 new ordinary shares at the reference price of 106.0 pence per share.

A total of 1,674,441 new ordinary shares will be issued on 9 June 2014 in respect of the scrip dividend, including the following in respect of directors' shareholdings:

Note 1 - Shufang Zhuang holds his shares in the Company via Odylink Limited, a company incorporated in the British Virgin Islands

Note 2 - Meijin Xu holds her shares in the Company via Golden Plan Developments Limited, a company incorporated in the British Virgin Islands

Application will be made for these new ordinary shares, which rank pari passu with the Company's existing issued ordinary shares, to be admitted to trading on AIM. It is expected that admission will become effective and dealings will commence on 9 June 2014.

Following admission, the enlarged issued share capital of Chaintek with voting rights attached consists of 57,052,991 ordinary shares of US$0.0010 each with one vote per ordinary share. There are no shares held in Treasury. The total number of voting rights in Chaintek is therefore 57,052,991, which figure may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine whether they are required to notify their interest, or a change to their interest, in Chaintek.

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