Scrip Dividend Payment 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 electing for the cash dividend have been received in respect of 8,297,212 ordinary shares of US$0.001 each ("Ordinary Shares"), including 2,882,197 and 2,730,503 from Odylink Limited and Golden Plan Development Limited respectively, both of which are shareholders connected with certain of the Executive Directors of the Company. As a consequence, a total cash dividend payment of £82,996 will be made on 17 November 2014 to shareholders so electing for the interim cash alternative dividend of 1 pence per share. The Company's interim scrip dividend of 2 pence per share shall be satisfied by the allotment of 1,672,543 new ordinary shares (the "Scrip Dividend Shares") at the reference price of 58.30 pence per share to be issued on 17 November 2014.

The Directors elections and resulting holdings are as follows:

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

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 the Scrip Dividend Shares, which will 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 17 November 2014.

Application will also be made in respect of a further 71 new ordinary shares previously issued pursuant to the scrip dividend declared on 7 April 2014 which were not admitted at the time of issue. It is expected that admission will become effective and dealings will commence on 17 November 2014.

Following admission, the enlarged issued share capital of Chaintek with voting rights attached consists of 58,725,605 Ordinary Shares with one vote per ordinary share. There are no shares held in Treasury. The total number of voting rights in Chaintek is therefore 58,725,605 which is the figure that 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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