FRAMEWORK AGREEMENT BETWEEN CHINA NATIONAL BUILDING MATERIAL GROUP CORPORATION, ZHANG JIANXING AND ZHOU FEIJIFramework Agreement • July 13th, 2007
Contract Type FiledJuly 13th, 2007The Company has been notified by Parent, pursuant to the Non-Competition Agreement dated 28 February, 2006 entered into between Parent and the Company, of a potential business opportunity in relation to the acquisition of Hushan Group which is potentially in competition with the cement business of the Group. For the reasons stated in this announcement, the Company has decided to keep the opportunity under continuous review with a view to deciding whether to exercise the pre-emption rights granted under the Non-Competition Agreement to take up such opportunity in the future.