Notice Of Extraordinary General Meeting

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong
Limited take no responsibility for the contents of this announcement, make no
representation as to its accuracy or completeness and expressly disclaim any
liabilitywhatsoever for any loss howsoever arising from or in reliance upon the
whole 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)                               

                    NOTICE OF EXTRAORDINARY GENERAL MEETING                    

NOTICE IS HEREBY GIVEN THAT an extraordinary general meeting (the "EGM") of
Zhejiang Expressway Co., Ltd. (the "Company") will be held at 3:00 p.m. on
Monday, October 18, 2010 at 12/F, Block A, Dragon Century Plaza, 1 Hangda Road,
Hangzhou, Zhejiang Province, 310007, the People's Republic of China (the
"PRC"), for the purpose of considering and, if thought fit, passing with or
without modification or amendment the following resolutions:

A. As ordinary resolutions:

1. To elect Mr. Ding Huikang as an executive director of the Company and
   approve his remuneration;

2. To elect Mr. Liu Haisheng as a supervisor of the Company; and

3. "THAT an interim dividend of Rmb6 cents per share in respect of the six
   months ended June 30, 2010 be and is hereby approved and declared."

B. As special resolution:

"THAT the proposal by the board of directors of the Company (the "Board") to
amend the articles of association of the Company in the manner as set out in
the circular of the Company dated August 30, 2010 to the shareholders of the
Company, of which this notice forms part, be and is hereby approved, and the
Board be and is hereby authorised to do all such things as necessary in respect
of the amendments pursuant to the requirements (if any) under domestic or
overseas laws or under the rules of any stock exchange on which any securities
of the Company are listed."

                                                       By order of the Board   
                                                          Zhang Jingzhong      
                                                         Company Secretary     

Hangzhou, the PRC, August 30, 2010

Notes:

1. Registration procedures for attending the EGM

(1). Holders of H shares of the Company ("H Shares") and domestic shares of the
Company ("Domestic Shares") intending to attend the EGM should return the reply
slip for attending the EGM to the Company by post or by facsimile (address and
facsimile numbers are shown in paragraph 6(2) below) such that the same shall
be received by the Company on or before September 27, 2010.

(2). A shareholder or his/her/its proxy should produce proof of identity when
attending the EGM. If a corporate shareholder appoints its legal representative
to attend the EGM, such legal representative shall produce proof of identity
and a copy of the resolution of the board of directors or other governing body
of such shareholder appointing such legal representative to attend the EGM.

2. Proxy

(1). A shareholder eligible to attend and vote at the EGM is entitled to
appoint, in written form, one or more proxies to attend and vote at the EGM on
behalf of him/her/it. A proxy needs not be a shareholder of the Company.

(2). A proxy should be appointed by a written instrument signed by the
appointor or his/her/its attorney. If the appointor is a corporation, the same
shall be affixed with its common seal or signed by its director(s) or duly
authorised representative(s). If the form of proxy is signed by the attorney of
the appointor, the power of attorney or other authorisation document(s) of such
attorney should be notarized.

(3). To be valid, the power of attorney or other authorisation document(s)
(which have been notarized) together with the completed form of proxy must be
delivered, in the case of holders of Domestic Shares, to the Company at the
address shown in paragraph 6(2) below and, in the case of holders of H Shares,
to Hong Kong Registrars Limited at 17M Floor, Hopewell Center, 183 Queen's Road
East, Wanchai, Hong Kong, at least 24 hours before the time designated for
holding of the EGM.

(4). Any vote of shareholders of the Company present in person or by proxy at
the EGM must be taken by poll.

3. Book closing period

For the purpose of the EGM and to determine the shareholders who qualify for
the proposed interim dividend, the register of members holding H shares of the
Company will be closed from September 18, 2010 to October 17, 2010 (both days
inclusive).

4. Last day of transfer and record date

Holders of H Shares who intend to attend the EGM and qualify for the interim
dividend must deliver all transfer instruments and the relevant shares
certificates to Hong Kong Registrars Limited at Rooms 1712-1716, 17/F, Hopewell
Center, 183 Queen's Road East, Wanchai, Hong Kong, at or before 4:30 p.m. on
Friday, September 17, 2010.

For the purpose of the EGM and qualify for the proposed interim dividend, the
record date is September 23, 2010.

5. Dividend payable date

A dividend payable date will be announced following approval of the interim
dividend by shareholders at the EGM.

6. Miscellaneous

(1). The EGM will not last for more than one day. Shareholders who attend shall
bear their own traveling and accommodation expenses.

(2). The registered address of the Company is

12/F, Block A, Dragon Century Plaza 1 Hangda Road
Hangzhou, Zhejiang Province 310007
People's Republic of China
Telephone No.: ([phone] Facsimile No.: ([phone]

As at the date of this announcement, the executive directors of the Company
are: Messrs. Chen Jisong, Zhan Xiaozhang, Jiang Wenyao and Zhang Jingzhong; the
non-executive director of the Company is: Ms. Zhang Luyun; and the independent
non-executive directors of the Company are: Messrs. Tung Chee Chen, Zhang
Junsheng and Zhang Liping.