May 2, 2012

CHINALCO Luoyang Copper Co., Ltd.:

We’ve received your Application for Registered Brand Disqualification of Peony Brand Cathode Copper. In accordance with relevant regulations, specifically the Rules of Shanghai Futures Exchange for Registration Administration of Non-ferrous Metal Commodities for Futures Delivery, upon our consideration, as of the date of issue of this notification, the Registered Brand of Peony Brand cathode copper shall be disqualified in Shanghai Futures Exchange.

It is hereby notified as above.