August 2, 2012

All members：

It is decided upon deliberation that the Exchange will make the following adjustments to the transaction fee standards for each variety since September 1st, 2012.

1. The transaction fee standard for copper futures contract will be lowered from 0.08‰ of turnover to 0.05‰ of turnover;

2. The transaction fee standard for lead and wire rod futures contract will be lowered from 0.05‰ of turnover to 0.04‰ of turnover;

3. The transaction fee standard for steel rebar futures contract will be lowered from 0.05‰ of turnover to 0.045‰ of turnover;

4. The transaction fee standard for natural rubber futures contract will be lowered from 0.05‰ of turnover to 0.045‰ of turnover;

5. The transaction fee standard for fuel oil futures contract will be lowered from 0.035‰ of turnover to 0.02‰ of turnover;

6. The transaction fee standard for gold futures contract will be lowered from RMB 20/lot to RMB 10/lot;

7. The transaction fee standard for silver futures contract will be lowered from 0.08‰ of turnover to 0.05‰ of turnover;

8. The transaction fee standard for zinc and aluminum futures contract will be lowered from RMB 4/ lot to RMB 3/lot.