09:40     SHANGHAI ELECTRIC GROUP COMPANY LIMITED<02727> - Ann. (4)           

    to collect your (where applicable) refund cheque(s)                       
    and/or (where applicable) H Share certificate(s).                         
    Applicants being corporations must attend by their                        
    authorized representatives each bearing a letter of                       
    authorization from such corporation stamped with the                      
    corporation's chop. Both individuals and authorized                       
    representatives (if applicable) must produce at the                       
    time of collection evidence of identity acceptable                        
    to Computershare Hong Kong Investor Services Limited.                     
    Uncollected H Share certificates and/or refund                            
    cheques will be despatched promptly thereafter by                         
    ordinary post at the applicants' own risk to the                          
    addresses specified in the relevant Application Forms.                    
    For enquires, please call the hotline of                                  
    Computershare Hong Kong Investor Services Limited at                      
    (852)-2862 8628. H Share certificates will only                           
    become valid certificates of title provided that, no                      
    later than 8:00 a.m. on Thursday, April 28, 2005, the                     
    Hong Kong Public Offering has become unconditional                        
    in all respects and neither the Hong Kong Underwriting                    
    Agreement nor the International Underwriting                              
    Agreement has been terminated in accordance with its                      
    terms.                                                                    
                                                                              
    In relation to applicants who have applied for less                       
    than 1,000,000 H Shares, or applicants who have                           
    applied for 1,000,000 or more H Shares but have not                       
    elected to collect their (where applicable) refund                        
    cheque(s) and/or (where applicable) H Share                               
    certificate(s) in person, their refund cheque(s)                          
    (where applicable) and/or H Share certificate(s)                          
    (where applicable) will be sent by ordinary post at                       
    the applicants' own risk to the addresses specified                       
    in the relevant Application Forms on or before                            
    Wednesday, April 27, 2005. Applicants who would like                      
    to be allotted H Shares in their own names should                         
    complete and sign the white Application Forms.                            
    Applicants who would like to have the allotted H                          
    Shares issued in the name of HKSCC Nominees Limited                       
    and deposited directly into CCASS for credit to their                     
    CCASS Investor Participant stock accounts or the                          
    stock accounts of their designated CCASS Participants                     
    maintained in CCASS should either (i) complete and                        
    sign the yellow Application Forms, copies of which,                       
    together with the Prospectus, may be obtained during                      
    normal business hours from 9:00 a.m. on Monday, April                     
    18, 2005 until 12:00 noon on Thursday, April 21, 2005                     
    at the Depository Counter of HKSCC at 2/F., Vicwood                       
    Plaza, 199 Des Voeux Road Central, Hong Kong or the                       
    Customer Service Centre of HKSCC at Upper Ground Floor,                   
    V-Heun Building, 128-140 Queen's Road Central, Hong                       
    Kong, or (ii) give electronic application                                 
    instructions to HKSCC via CCASS.                                          
                                                                              
    Copies of the Prospectus, together with the white                         
    Application Forms, may be obtained during normal                          
    business hours in the same period from:                                   
                                                                              
    Credit Suisse First Boston (Hong Kong) Limited                            
    45th Floor                                                                
    Two Exchange Square                                                       
    8 Connaught Place                                                         
    Central                                                                   
    Hong Kong                                                                 
                                                                              
    or                                                                        
    BCOM Securities Company Limited First Shanghai                            
    Securities Limited                                                        
    Room 201-202, Far East Consortium Building      19/F,                     
    Wing On House                                                             
    121 Des Voeux Road      71 Des Voeux Road                                 
    Central, Hong Kong      Central, Hong Kong                                
    or