On 9 and 10 May 2010, Mr. Yang Hai, Chairman, Ms. Wu Qian, Company Secretary, and Ms. Zheng Zheng, IR Manager, participated in Macquarie’s Asia-Pacific Infrastructure & Transportation Conference in Singapore. The management met with 16 institutional investors which are mainly Singapore-based asset management companies. The investors’ major concerns included the trend of the Company’s toll projects’ operating performance, how the costs and expenses will go next year, the development strategies, and the impacts of the industrial policies, etc. The management and the investors had a sufficient and spirited communication and discussion on above topics.