公告

Reference is made to the Notice of Annual General Meeting ("AGM") released by Yangzijiang Shipbuilding (Holdings) Ltd. (the "Company") on 31 March 2009 under announcement no. 173 in particular, in relation to the agenda items 8 and 9 in the Notice of AGM.

The Company wishes to clarify the following matter:-

Resolution 9: Authority to allot and issue shares up to 100% of the total number of issued shares excluding treasury shares of the Company via a pro-rata basis by way of a renounceable rights issue.

Resolution 9 serves to seek the approval of the shareholders to allow the Company to increase the 50% limit in Resolution 8 to 100% only for pro-rata renounceable rights issues. This resolution is subject to the approval of Ordinary Resolution 8.

By order of the Board

Ren Yuanlin
Executive Chairman
16 April 2009

Note: UBS AG, acting through its business group, UBS Investment Bank, acted as the Global Co-ordinator and Sole Bookrunner for the initial public offering of the shares of the Company.