[first sentense]

December 13, 2010

Notice Concerning the Cancellation of Treasury Stock

Kirin Holdings Company, Limited hereby announces that at the Board of Directors' meeting held on December 13, 2010, pursuant to the provisions of Article 178 of the Corporation Law, it was resolved that the Company shall cancel its treasury stock from our long-term capital policy perspective as stated below.

  • 1. Class of shares to be cancelled: Common stock
  • 2. Number of shares to be cancelled: 28,766,551shares
    (2.89% of the total issued shares before cancellation)
  • 3. Date of cancellation: December 30, 2010
  • 4. The total number or issued shares after the cancellation: 965,000,000 shares