Results of EGM

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 
liability whatsoever 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)

                  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, Dragon 
Century Plaza, 1 Hangda Road, Hangzhou, Zhejiang Province, the People's Republic 
of China (the "PRC").

Shareholders of the Company (the "Shareholders") who attended the EGM by proxy 
represented a total of 3,733,821,889 shares of the Company entitled to attend 
and to vote at the EGM, or 85.97% of the total issued share capital of the Company 
as at the date of the EGM. The EGM was convened by the board of directors of the 
Company (the "Board"), and Chairman of the Company, Mr. ZHAN Xiaozhang, chaired 
the EGM.

After considering the ordinary resolution proposed by the Board, the Shareholders 
resolved through voting by  way  of  poll  to  approve  and  declare  an  interim  
dividend 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 total 
shares held by the Shareholders present at the EGM) and no share voted in the 
negative.

As at the date of the EGM, the total number of issued shares of the Company entitling 
the holders to attend and vote at the EGM in respect of the ordinary resolution was 
4,343,114,500. There was no share entitling any holder to attend and vote only against 
the resolution at the EGM. Ms. Minmin Li of the Company's auditors, Deloitte Touche 
Tohmatsu Certified Public Accountants, was appointed and acted as scrutineer for the 
vote taking during the EGM. No person was required to abstain from voting at the EGM 
in relation to the above.


Further information on the payment of interim dividend for the six months ended June 
30, 2013


The payment of an interim dividend of Rmb6 cents per share in respect  of  the  six 
months ended June 30, 2013 has been approved by more than half of votes cast by the 
Shareholders present at the EGM.

For determining the entitlement to the proposed interim dividend, the register of 
members holding H shares of the Company (the "H Shares") will be closed from 
October 23, 2013 to October 28, 2013, both days inclusive, during which period no 
transfer of H Shares will be effected. In order for holders of H Shares to qualify for 
the proposed interim dividend, all transfers of H Shares accompanied by the transfer 
instruments and relevant share certificates must be lodged with the Company's share 
registrars in Hong Kong, Hong Kong Registrars Limited at Rooms 1712-1716, 17/F Hopewell
Center, 183 Queen's Road East, Wanchai, Hong Kong for registration not later than 4:30 
p.m. on Tuesday, October 22, 2013. Shareholders whose names appeared in the register 
of members of the Company on October 28, 2013 (the "Record Date") are entitled to the 
said interim dividend.

Pursuant to the Company's articles of association, dividends of H Shares shall be paid 
in Hong Kong dollars according to the average closing price of Hong Kong dollars to 
Renminbi declared by the People's Bank of China in the five trading days immediately 
preceding the date of the declaration of dividends. The applicable exchange rate for 
the 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 the 
relevant 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 at 
the rate of 10%, from the payment of dividends to non-resident enterprises (as defined 
under the CIT Law, including HKSCC (Nominees) Limited, other nominees, trustees or 
other groups and organizations) who are holders of H Shares. Dividends paid to natural 
persons who are holders of H Shares are not subject to individual income tax for the 
time being.

The interim dividend of HK$7.601 cents per share (before tax) is expected to be paid 
to holders of H Shares on November 27, 2013.

Investors should read this announcement carefully. The Company will withhold for 
payment the corporate profit tax strictly in accordance with the relevant laws or 
requirements of the relevant governmental departments and strictly based on what has 
been registered on the H Share register of members on the Record Date. The Company 
will owe no liability whatsoever in respect of, and will not entertain any claims 
arising from any delay in or inaccurate determination of, the status of the 
Shareholders, 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 of 
the Company are: Mr. LI Zongsheng, Mr. WANG Weili and Mr. WANG Dongjie; and the 
independent non-executive directors are: Mr. ZHANG Junsheng, Mr. ZHOU Jun and 
Mr. PEI Ker-Wei.