Clarification Announcement

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)

CLARIFICATION ANNOUNCEMENT

Reference is made to the notice of annual general meeting (the "AGM") of Zhejiang Expressway Co., Ltd. (the "Company") dated March 22, 2016 (the "Notice of AGM").

As disclosed in the Notice of AGM, "Holders of H Shares who intend to attend the AGM and qualify for the proposed final 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, Hong Kong, at or before 4:30 p.m. on April 6, 2016 and on May 11, 2016, respectively".

The Company would like to clarify that holders of H Shares who intend to attend the AGM and qualify for the proposed final 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, Hong Kong, at or before 4:30 p.m. on April 5, 2016 and on May 11, 2016, respectively.

The above clarification does not affect other information in the Notice of AGM.

On behalf of the Board              
ZHEJIANG EXPRESSWAY CO., LTD.
Tony Zheng                 
Company Secretary             

Hangzhou, the PRC, March 29, 2016

As  of  the  date  of  this  announcement,  the  executive  directors  of  the  Company  are:
Mr. ZHAN Xiaozhang, Mr. CHENG Tao and Ms. LUO Jianhu; the non-executive directors of the Company are: Mr. WANG Dongjie, Mr. DAI Benmeng and Mr. ZHOU Jianping; and the independent non-executive directors of the Company are: Mr. ZHOU Jun, Mr. PEI Ker-Wei and Ms. LEE Wai Tsang Rosa.