Delay in Despatch of Circular

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ZHEJIANG EXPRESSWAY CO., LTD.
(A joint stock limited company incorporated in the People's Republic of China with limited liability)
(Stock code: 0576)

DELAY IN DESPATCH OF CIRCULAR 
IN RELATION TO
DISCLOSEABLE AND CONNECTED TRANSACTION

Reference is made to the announcement of Zhejiang Expressway Co., Ltd. (the"Company") dated 5 August 2015 (the "Announcement") in relation to proposed acquisition of a 80.614% equity interest in Zhejiang Hanghui Expressway Co., Ltd.

Unless otherwise defined, capitalised terms used herein shall have the same meanings as those defined in the Announcement.

As stated in the Announcement, the Company expected to despatch a circular (the "Circular") containing, among other things, (i) details of the Acquisition, (ii) a letter from the Independent Board Committee to the Independent Shareholders regarding the Acquisition, (iii) a letter of advice from the independent financial adviser to the Independent Board Committee and the Independent Shareholders regarding the Acquisition, and (iv) a notice of extraordinary general meeting, to the Shareholders on or before 24 August 2015.

As additional time is required for the Company to prepare and finalise the information to be contained in the Circular, the despatch date of the Circular is expected to be delayed to a date falling on or before 4 September 2015.

On behalf of the Board             
ZHEJIANG EXPRESSWAY CO., LTD.
ZHAN Xiaozhang                 
Chairman                       

Hangzhou, PRC, 24 August 2015

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.