09:30     LUOYANG GLASS<01108> - Announcement (6)                             

    presented State award in 1981 for this innovation. The Luoyang Float      
    Glass Technology including * (The Craft of                                
    Luoyang Ultra-thin Float Glass Technology) and the related registered     
    patent technology is registered and owned by CLFG.                        
                                                                              
    As advised by the PRC legal adviser * of the Company,                     
    it is legally feasible for the CLFG to contribute the specialized         
    usage right of * (Luoyang Float Glass Patent                              
    Technology) and the usage right of the "*" registered                     
    trademark into Long Hai and Long Hao. The specialized usage right of      
    * (Luoyang Float Glass Patent Technology) and                             
    the usage right of the "*" registered trademark contributed               
    into Long Hai and Long Hao are not exclusively granted to Long Hai and    
    Long Hao and shall not affect other companies and CLFG itself to          
    continue to using them.                                                   
                                                                              
    DEFINITIONS                                                               
                                                                              
    Terms used in this announcement shall have the following meaning:         
                                                                              
    "A Shares" Renminbi denominated domestic shares of nominal value of       
    RMB1.00 each in the ordinary share capital of the Company                 
                                                                              
    "associates" has the same meaning as ascribed to it under the Listing     
    Rules                                                                     
                                                                              
    "Board" the board of Directors                                            
                                                                              
    "CLFG" * (China Luoyang Float Glass                                       
    (Group) Company Limited), the controlling shareholder of the Company      
                                                                              
    "Company" * (Luoyang Glass Company Limited), a joint                      
    stock limited company incorporated in the PRC with limited liability,     
    the Shares of which are listed on the Stock Exchange and the Shanghai     
    Stock Exchange                                                            
                                                                              
    "Director(s)" director(s) of the Company                                  
                                                                              
    "EGM" as extraordinary meeting of the Company to consider and approve,    
    among others, the Long Hai Agreement and Long Hao Agreement and the       
    transactions contemplated thereunder                                      
                                                                              
    "Group" the Company and its subsidiaries                                  
                                                                              
    "H Shares" overseas listed foreign shares in the ordinary share           
    capital of the Company, with a nominal value of RMB1.00 each, which       
    are listed on the Stock Exchange                                          
                                                                              
    "Hong Kong" the Hong Kong Special Administrative Region of the            
    People's Republic of China                                                
                                                                              
    "HK$" Hong Kong dollar, the lawful currency of Hong Kong                  
                                                                              
    "Independent Board  an independent board committee of the Board           
    comprising the independent                                                
    Committee" non-executive Directors, namely Dai Zhiliang, Zhong            
    Pengrong, Xi Shangyang and Dong Chao                                      
                                                                              
    "Independent  Shareholders other than CLFG and its associates (as         
    defined in the Listing                                                    
    Shareholders" Rules and in the Shanghai Listing Rules)                    
                                                                              
    "Independent H Shares'  H Shares' Shareholders other than CLFG and its    
    associates (as defined in the                                             
    Shareholders" Listing Rules)                                              
                                                                              
    "Listing Rules" the Rules Governing the Listing of Securities on the      
    Stock Exchange                                                            
                                                                              
    "Long Hai" * (Luoyang Long Hai Electronic Glass                           
    Limited), to be jointly established by the Company and CLFG which is      
    to be incorporated in the PRC with limited liability                      
                                                                              
    "Long Hao" * (CLFG Group Long Hao Glass                                   
    Limited), to be jointly established by the Company and CLFG which is      
    to be incorporated in the PRC with limited liability                      
                                                                              
    "Long Hai Agreement"  the agreement dated 26 May 2005 entered into by     
    and between the Company and CLFG, relating to the establishment of        
    Long Hai                                                                  
                                                                              
    "Long Hao  the agreement dated 26 May 2005 entered into by and between    
    the Company                                                               
    Agreement" and CLFG, relating to the establishment of Long Hao            
                                                                              
    "Long Hai Project" the development and operation of Long Hai pursuant     
    to the Long Hai Agreement                                                 
                                                                              
    "Long Hao Project" the development and operation of Long Hao pursuant     
    to the Long Hao Agreement