Regulations of Preferential and Preemptive Rights for Employees of Subordinate upon the Privatization Enterprises under the Ministry of Finance to Subscribe the Government-Owned Shares Article 6

The term “available subscription quota” as stated in the Regulations is defined as the total number of shares open for employee subscription, as derived by applying the the initial offering price to dividethe amount of twenty-four (24) times the sum of the enterprise’s standard median payrolls.The term “ over-subscription quota” as stated in the Regulations is defined as the total number of shares open for additional employee subscription during the share offering related to privatization. Over-subscription quota does not include available subscription quota, but is still subject to the limitation of overall shares available for subscriptions.The term “median standard payrolls” as stated in the Paragraph 1 refers the monthly median on the sum of total standard payrolls that an enterprise has dispensed per month to its entire employees according to the payroll standards stipulated inArticle 14 of the Rules, based on a twelve (12) month period prior to the initial government share offering (not includingthemonth during which government shares were being offered) after the Act was amended and promulgated on November 29, 2000. The term “initial offering price” refers to the selling price of government shares during the initial share offering of respective enterprises, the lowest execution price shall be adopted in the situation where shares have been transacted at multiple execution price levels.As mentioned in the foregoing paragraph, “the month of initial government share offering” refers to the month of the day on which the respective enterprise files or reports public share offerings or negotiated share transfers to the securities and futures authorities.