Results of EGM

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong KongLimited take no responsibility for the contents of this announcement, make norepresentation as to its accuracy or completeness and expressly disclaim anyliability whatsoever for any loss howsoever arising from or in reliance upon thewhole or any part of the contents of this announcement. ZHEJIANG EXPRESSWAY CO., LTD (A joint stock limited company incorporated in the People's Republic of China with limited liability) (Stock code: 0576) ANNOUNCEMENT ON RESOLUTION PASSED AT THE EGM Results of EGM Zhejiang Expressway Co., Ltd. (the "Company") held an extraordinary general meeting(the "EGM") at 3:00 p.m. on Thursday, October 17, 2013 at 12/F, Block A, DragonCentury Plaza, 1 Hangda Road, Hangzhou, Zhejiang Province, the People's Republicof China (the "PRC"). Shareholders of the Company (the "Shareholders") who attended the EGM by proxyrepresented a total of 3,733,821,889 shares of the Company entitled to attendand to vote at the EGM, or 85.97% of the total issued share capital of the Companyas at the date of the EGM. The EGM was convened by the board of directors of theCompany (the "Board"), and Chairman of the Company, Mr. ZHAN Xiaozhang, chairedthe EGM. After considering the ordinary resolution proposed by the Board, the Shareholdersresolved through voting by way of poll to approve and declare an interimdividend of Rmb6 cents per share in respect of the six months ended June 30, 2013,with 3,733,821,889 shares voted in the affirmative (representing 100 % of the totalshares held by the Shareholders present at the EGM) and no share voted in thenegative. As at the date of the EGM, the total number of issued shares of the Company entitlingthe holders to attend and vote at the EGM in respect of the ordinary resolution was4,343,114,500. There was no share entitling any holder to attend and vote only againstthe resolution at the EGM. Ms. Minmin Li of the Company's auditors, Deloitte ToucheTohmatsu Certified Public Accountants, was appointed and acted as scrutineer for thevote taking during the EGM. No person was required to abstain from voting at the EGMin relation to the above. Further information on the payment of interim dividend for the six months ended June30, 2013 The payment of an interim dividend of Rmb6 cents per share in respect of the sixmonths ended June 30, 2013 has been approved by more than half of votes cast by theShareholders present at the EGM. For determining the entitlement to the proposed interim dividend, the register ofmembers holding H shares of the Company (the "H Shares") will be closed fromOctober 23, 2013 to October 28, 2013, both days inclusive, during which period notransfer of H Shares will be effected. In order for holders of H Shares to qualify forthe proposed interim dividend, all transfers of H Shares accompanied by the transferinstruments and relevant share certificates must be lodged with the Company's shareregistrars in Hong Kong, Hong Kong Registrars Limited at Rooms 1712-1716, 17/F HopewellCenter, 183 Queen's Road East, Wanchai, Hong Kong for registration not later than 4:30p.m. on Tuesday, October 22, 2013. Shareholders whose names appeared in the registerof members of the Company on October 28, 2013 (the "Record Date") are entitled to thesaid interim dividend. Pursuant to the Company's articles of association, dividends of H Shares shall be paidin Hong Kong dollars according to the average closing price of Hong Kong dollars toRenminbi declared by the People's Bank of China in the five trading days immediatelypreceding the date of the declaration of dividends. The applicable exchange rate forthe purpose of the payment of the interim dividend is therefore HK$1.00 to Rmb0.7894. According to the Law on Corporate Income Tax of the People's Republic of China and therelevant implementing rules (the "CIT Law") which came into effect on January 1, 2008,the Company is obliged to withhold for payment the corporate profit tax, which is atthe rate of 10%, from the payment of dividends to non-resident enterprises (as definedunder the CIT Law, including HKSCC (Nominees) Limited, other nominees, trustees orother groups and organizations) who are holders of H Shares. Dividends paid to naturalpersons who are holders of H Shares are not subject to individual income tax for thetime being. The interim dividend of HK$7.601 cents per share (before tax) is expected to be paidto holders of H Shares on November 27, 2013. Investors should read this announcement carefully. The Company will withhold forpayment the corporate profit tax strictly in accordance with the relevant laws orrequirements of the relevant governmental departments and strictly based on what hasbeen registered on the H Share register of members on the Record Date. The Companywill owe no liability whatsoever in respect of, and will not entertain any claimsarising from any delay in or inaccurate determination of, the status of theShareholders, or any disputes over the mechanism of withholding. By order of the Board Zhejiang Expressway Co., Ltd. Tony Zheng Company Secretary Hangzhou, the PRC, October 17, 2013 As at the date of this announcement, the executive directors of the Company are:Mr. ZHAN Xiaozhang, Ms. LUO Jianhu and Mr. DING Huikang; the non-executive directors ofthe Company are: Mr. LI Zongsheng, Mr. WANG Weili and Mr. WANG Dongjie; and theindependent non-executive directors are: Mr. ZHANG Junsheng, Mr. ZHOU Jun andMr. PEI Ker-Wei.