To: All Members

Filing Serial: SQBF [2013] No.155

Pursuant to the Announcement on Distribution of SHFE Amended Clearing Rules (SQSGG (2013) No.18), the Exchange will implement the regime of the One-way Large-side Margin as of December 30, 2013. In order to ensure the the One-way Large-side Margin runs smoothly, you’re hereby notified of the following:

Ⅰ. Registration requirements

In order to ensure the One-way Large-side Margin runs smoothly, members who completed the technical and business preparation for the One-way Large-side Margin, are required to fill out the Registration Form for Preparation for One-way Large-side Margin of the Shanghai Futures Exchange (See the Appendix), which shall be chopped with member’s official seal and submitted to the Exchange’s Clearing Department by December 23, 2012 (this day included). The list of members who completed the preparation will be announced by the Exchange before the official implementation of the One-way Large-side Margin.

Ⅱ. Arrangement for Implementation

The Exchange will launch the One-way Large-side Margin for clearing as of 15:00 pm, December 27, 2013.

All members are required to fully prepare themselves for carry-out of the One-way Large-side Margin.

Appendix: Registration Form for Preparation for the One-way Large-side Margin of the Shanghai Futures Exchange

（Contact person：YANG Yubao 021-68400848

　　　　　　　　　LING Feili 021-68401495

Address: The Clearing Department, 3F, Shanghai Futures Mansion, 500 Pudian Road, Pudong, Shanghai）