Further re Scrip Dividend / 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 the reference price for the Company's interim maiden dividend of 2 pence per share has been set at 141.2 pence. This is the average of the middle market quotations for the Company's ordinary shares as derived from the London Stock Exchange's Daily Official List for the ex-dividend date of 11 December 2013 and the four subsequent dealing days. Valid forms of election in respect of the cash dividend were received in respect of 6,569,183 ordinary shares, including 2,281,931 and 2,161,829 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 ££131,412.22 will be made on 3 January 2014 to shareholders so electing.

A total of 681,675 new ordinary shares will be issued on 3 January 2013 in respect of the scrip dividend, including the following in respect of directors' shareholdings:

Note 1 - Shufang Zhunag 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 3 January 2014.

Following admission, the enlarged issued share capital of ChainTek with voting rights attached consists of 55,378,550 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 55,378,550, 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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