PDF《中国燃气控股有限公司*》

s position as the managing director of the Company, the Board has unanimously resolved that it be terminated with effect from

25 January 2011. As regards Mr. Liu'

s position as an executive director of the Company, given that the Service Agreement (which will expire on

31 March 2011) is of a fixed term nature and that the relevant termination provisions contained therein are not applicable under the current circumstances, the Company will endeavour to contact Mr. Liu and request for his resignation from such position as soon as practicable or will not renew his Service Agreement upon its expiration. As regards Mr. Liu'

s office as a director of the Company, given that the relevant termination provisions contained in the Bye-laws of the Company are not applicable under the current circumstances, the Company will endeavour to contact Mr. Liu and request for his resignation from such office. If the Company is still unable to establish contact with Mr. Liu by

31 March 2011, it will take all necessary actions immediately thereafter to remove Mr. Liu as a director by obtaining ordinary shareholders'

approval pursuant to the Bye-laws of the Company. The removal procedures contained in the Bye-laws of the Company are in compliance with the Listing Rules. Considering that Mr. Liu'

s eligibility hinges on the Suspected Offence and the current circumstances, the Board further unanimously resolved that if Mr. Liu is subsequently released without any charges or conviction, the Board will then consider reappointing him as a director of the Company and re-engaging him as managin........