10:55     SHANGHAI PECHEM<00338> - Announcement (4)                           

    Sales    Petroche China    Three    700                                   
    of       mical    Petroleu years    2,336                                 
    petroche products m &      expiring 3,861                                 
    mical             Chemical  on 31   4,000                                 
    products                   December 4,400                                 
                      Corporat          4,840                                 
                      ion      2007                                           
                      (Shangha                                                
                      i Gao                                                   
                      Qiao                                                    
                      branch)                                                 
                      and                                                     
                      other                                                   
                      associat                                                
                      es of                                                   
                      China                                                   
                      Petroleu                                                
                      m &                                                     
                      Chemical                                                
                                                                              
                      Corporat                                                
                      ion                                                     
                                                                              
    Agency   Acrylic, China    Three    Nil Nil                               
    sales             Petroleu years    6 19.2                                
             polyeste m &      expiring 22 22                                 
             r,       Chemical  on 31                                         
             plastic           December                                       
             and      Corporat                                                
             other    ion and  2007                                           
             petroche its                                                     
             mical    associat                                                
             products es                                                      
                               Comprehe                                       
                               nsive                                          
                               Services                                       
                                                                              
                               Framewor                                       
                               k                                              
                               Agreemen                                       
                               ts                                             
                                                                              
    Transpor Labour   Shanghai Three    40 45                                 
    tation   services          years    151 340                               
    services          Petroche expiring 372 435                               
                      mical     on 31                                         
                      Transpor December                                       
                      tation                                                  
                      Company, 2007                                           
                       a                                                      
                      wholly                                                  
                      owned                                                   
                      subsidia                                                
                      ry of                                                   
                      China                                                   
                      Petroche                                                
                      mical                                                   
                      Corporat                                                
                      ion                                                     
                                                                              
    Design   Labour   Shanghai Three    579 298                               
    and      services          years    200 412                               
    construc          Petroche expiring 280 320                               
    tion              mical     on 31                                         
    services          Engineer December                                       
                      ing                                                     
                      Company  2007                                           
                      and                                                     
                      Sinopec                                                 
                      Design                                                  
                      College,                                                
                       both                                                   
                      of                                                      
                      which                                                   
                      are                                                     
                      subsidia                                                
                      ries of                                                 
                      China                                                   
                      Petroche                                                
                      mical                                                   
                      Corporat                                                
                      ion                                                     
                                                                              
    Insuranc -        China    Three    78 85                                 
    e                 Petroche years    97 100                                
    services          mical    expiring 110 150                               
                      Corporat  on 31                                         
                      ion      December                                       
                                                                              
                               2007                                           
    Financia -        Sinopec  Three    0.49                                  
    l                 Finance  years    1.58                                  
    services          Company  expiring 4.89 6