Further re. scrip dividend pricing

China Chaintek United Co., Ltd

("ChainTek" or the "Company")

Further re. scrip dividend pricing

Chaintek (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 scrip dividend of 2 pence per share has been set at 58.30 pence (the "Reference Price"). 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 23 October 2014 and the four subsequent dealing days.

Any shareholders entitled to the interim dividend who wish to elect for the cash alternative and have not already done so, should complete a Mandate Form and return it so as to arrive no later than 5.00pm on 31 October 2014 in order for it to be effective for the interim dividend. Additional Mandate Forms are available from the Company's website at http://www.chaintek-united-ir.com.

For shareholder protection, the Directors may (and absent mitigating circumstances intend to) resolve to pay a cash dividend to all Shareholders, irrespective of whether a Shareholder has or has not completed a Mandate Form instead of the Scrip Dividend if the middle market quotation for the Company's Ordinary Shares by the final date for the receipt of Mandate Forms (being 31 October 2014) falls by 15 per cent or more from the Reference Price. The Directors may also decide to pay a cash dividend instead of the Scrip Dividend if the middle market quotation for the Company's Ordinary Shares by the final date for the receipt of Mandate Forms (being 31 October 2014) rises by 15 per cent or more from the Reference Price.

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