2008 Quarterly Results Announcement

ZHEJIANG EXPRESSWAY CO., LTD.                         

              (A joint stock limited company incorporated in the               

              People's Republic of China with limited liability)               

                              (Stock code: 0576)                               

                      2008 Quarterly Results Announcement                      

                      For the Three Months ended March 31                      

This set of 2008 first quarterly results has been prepared in accordance with
section 4.3 of the Disclosure and Transparency Rules of the United Kingdom
Listing Authority.

The audit committee of Zhejiang Expressway Co., Ltd. (the "Company") has
reviewed the quarterly results of the Company and its subsidiaries (the
"Group") for the three months ended March 31, 2008 (the "Period").

For the full report, please refer to:

http://xprnnews.xfn.info/ZhejiangExpressway/20080515/E_576_1stQ.pdf