Further Delay in Despatch of Circular

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)

                            FURTHER DELAY IN DESPATCH OF CIRCULAR IN RELATION TO
                                  DISCLOSEABLE AND CONNECTED TRANSACTIONS

Reference are made to the announcements of Zhejiang Expressway Co., Ltd. (the "Company") dated 20 March 2013  
and 12 April 2013 (the "Announcements") in relation to proposed acquisitions of an aggregate 76.55% equity
interest in Zhejiang Jinhua Yongjin Expressway Co., Ltd., which constitute discloseable and connected transactions
for the Company under the Listing Rules.

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

As stated in the Announcements, the Company expected to despatch a circular (the "Circular") containing, among 
other things, (i) details of the Acquisitions, (ii) a letter from the Independent Board Committee to the  
Independent Shareholders regarding the Acquisitions, (iii) a letter of advice from the independent financial
adviser to the Independent Board Committee and the Independent Shareholders regarding the Acquisitions,
and (iv) a notice of general meeting, to the Shareholders on or before 30 April 2013.

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 further delayed to a date falling on or before 
14 May 2013.

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

Hangzhou, PRC, 30 April 2013

As of 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 of the Company are: Mr. ZHANG Junsheng, Mr. ZHOU Jun 
and Mr. PEI Ker-Wei.