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The information is being disclosed for the purposes of Rule 26 of the AIM Rules for Companies

China Western Investments Plc is the holding company of Lanzhou International Trade Building Company Ltd (LITBC), a company incorporated in Lanzhou which is the capital of Gansu Province, Peoples Republic of China.

Lanzhou has a population of 3.5 million and is one of the four principal cities in North West China.  Lanzhou has benefited from the prosperity of China’s domestic tourist industry over recent years which has stimulated investment in infrastructure such as new roads and airport expansion.  Lanzhou is also considered to have potential for attracting international tourism being a focal point of a west-bound tourist route for the historic “Silk Road”.

LITBC owns a site at 258-260 Qingyang Road, Lanzhou, Ganzu Province, PRC.  The building is located in the prime commercial and financial centre in Lanzhou comprising of a commercial podium of ten storeys with total lettable commercial space of 55,000 square metres and 15,000 square metres of underground car parking and engineering rooms.

Permission is granted to build on top of the podium of the building a further 30 storey with a total area of 30,000 square metres for hotel / office / residential development.  LITBC can also develop the Resettlement Buildings adjacent to the main building with 49,000 square metres.

LITBC has an interest in the site which derives from a Land Use Certificate issued on 8^th October 2001 which grants land use rights for commercial purposes for a term of 40 years.

The Main Building has been completed up to level 10 ie the retail podium. The lower ground floor and levels 1,2 & 3 of the Main Building are leased to Baoji Wenqi Furniture Company limited for 10 years to 31^st December 2010.  Level 4 of the Main Building is leased to Wonjia Furniture Company Limited for a term expiring 30^th May 2010