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Shanghai Prime Machinery Company Limited

(A joint stock limited company incorporated in the People's Republic of China)

(Stock Code: 02345) NOTIFICATION OF BOARD MEETING

The board of directors (the "Board") of Shanghai Prime Machinery Company Limited (the

"Company") hereby announces that a meeting of the Board will be held on Friday, 14 August

2015, for the purpose of considering and approving the interim results of the Company and its subsidiaries for the six months ended 30 June 2015 and considering the recommendation of the payment of an interim dividend, if any, and transacting any other business(es).

By order of the Board

Shanghai Prime Machinery Company Limited Wang Qiang

Chairman

Shanghai, the PRC

29 July 2015

As at the date of this announcement, the Board consists of executive directors, namely Mr. Wang Qiang, Mr. Zhou Zhiyan, Mr. Zhang Jianping, Ms. Zhu Xi, Mr. Sun Wei and Mr. Chen Hui, and independent non-executive directors, namely Mr. Chan Oi Fat, Mr. Ling Hong and Mr. Li Yin.

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