Vanke Bulletin Board on participation in post-disaster reconstruction.

<P> Vanke Co., Ltd. in Sichuan earthquake disaster on resettlement and reconstruction work of the board of directors announced the Securities code: 000002,200002 securities referred to: Vanke A, Wanke B Announcement ID: <thousand> 2008-023 of the .ensure that all members of the Company and the Board notice is true, accurate and complete, not false or misleading statements or material omissions. .Earthquake disaster in Sichuan on resettlement and reconstruction work in the motion on May 19, 2008 by e-mail service that the Directors, the directors had considered the motion and a vote by means of communication, the entire accordance with the relevant laws and regulations .and "articles of association" requirement. .Board by 11 votes in favor, 0 against, 0 abstentions, adopted a motion. .Details are as follows: May 12, 2008, Wenchuan Area Richter 8 earthquake, disaster and relief work of earthquake affecting the whole country people. .Since the earthquake, the company has been closely following all aspects of information, looking for the most valuable direction for disaster, especially for professional advantage Vanke to play a specific project. .To do this more than the company managers, technicians and external experts has been to the rescue at the scene. .Comprehensive on-site and other channels of information collected, the company that post-disaster restoration and reconstruction work will be a long and continuous process, social forces need the support and assistance, while China Vanke to participate in the work to play to their strengths. .As a professional real estate development company, Vanke itself has a strong regional planning, building design and organization and implementation capabilities; Vanke, the country has many branches, in mobilizing, organizing ability has certain advantages, and Vanke .Chengdu has a subsidiary, but also to facilitate the implementation of assistance. .General meeting convened for this board of directors, shareholders approved the company brought in Sichuan earthquake disaster resettlement, rehabilitation and reconstruction work. ., As follows: </ P> <P> (1) approving participation in the temporary placement of the Sichuan earthquake, disaster recovery and reconstruction efforts, and to comply with Road Town, Mianzhu focus; pure public good nature of the work, does not involve .any commercial (including low-profit item) development; (2) to approve expenditures in the net amount within one hundred million yuan in the work; (3) The above costs will be in the next 3 to 5 years, annual expenditures based on actual needs. .Company will be disclosed in the annual report each year the specific expenditures. .Notice is hereby given. .China Vanke Co., Ltd. Board of Directors May 21, 2008 </ P> </ p>.