Notice of Board Meeting

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



                             DATE OF BOARD MEETING                             

Zhejiang Expressway Co., Ltd. (the "Company") announces that a meeting of the
board of directors of the Company will be held on August 4, 2008 at the
registered address of the Company to consider, amongst others, the announcement
of its interim results for the six months ended June 30, 2008 and the
recommendation of an interim dividend.

                                      By Order of the board of directors
                                       Zhejiang Expressway Co., Ltd.
                                             Zhang Jingzhong                                
                                            Company Secretary

Hangzhou, the People's Republic of China, July 21, 2008

As at the date of this announcement, the executive directors of the Company
are: Messrs. Geng Xiaoping, Fang Yunti, Zhang Jingzhong and Jiang Wenyao; the
non-executive directors of the Company are: Messrs. Zhang Luyun and Zhang Yang;
and the independent non-executive directors of the Company are: Messrs. Tung
Chee Chen, Zhang Junsheng and Zhang Liping.