NOTICE IS HEREBY GIVEN that an Extraordinary General
Meeting of China Aviation Oil (Singapore) Corporation Ltd (the
"Company") will be held at Meeting Room 307, Level 3, Suntec
Singapore International Convention & Exhibition Centre,
1 Raffles Boulevard, Suntec City, Singapore 039593 on
23 September 2002 at 11.00 a.m. for the purpose of considering
and, if thought fit, approving with or without amendments the
following ordinary resolutions:-

ORDINARY RESOLUTIONS

That:-

(a) approval be and is hereby given for the acquisition by China
Aviation Oil (Singapore) Corporation Ltd (the "Company")
from China Aviation Oil Supply Corporation ("China Aviation
(China)") of 33% interest in Shanghai Pudong International
Airport Aviation Fuel Supply Corporation Ltd for a cash
consideration of RMB370 million (the "Acquisition"), on the
terms and conditions of the Share Transfer Agreement
relating to the Acquisition dated 23 July 2002 between (1)
the Company and (2) China Aviation (China) (the "Share
Transfer Agreement"); and

(b) the Directors be and are hereby authorised to take all steps
that are necessary or, in the opinion of the Directors,
desirable to give effect to and complete the Share Transfer
Agreement and to make such amendments (not being of a
material nature) to any of the terms of the Share Transfer
Agreement as they think necessary or desirable.

By Order of the Board

Adrian Mark Chang Choon Siew
Company Secretary
30 August 2002

Notes:-

(1) A Shareholder entitled to attend and vote at a meeting of
the Company is entitled to appoint not more than two
proxies to attend and vote on his behalf. A proxy need not
be a Shareholder of the Company. If the appointor is a
corporation, the proxy must be executed under seal or the
hand of its duly authorised officer or attorney.
(2) An instrument of proxy must be deposited at the registered
office of the Company at 8 Temasek Boulevard, #31-02
Suntec Tower Three, Singapore 038988 not less than 48
hours before the time appointed for the holding of this
Meeting or adjourned Meeting; otherwise the instrument of
proxy shall not be treated as valid.