[[SHEARMAN & STERLING LETTERHEAD] 12th floor east tower | twin towers | b-12 JIANGUOMENWAI DAJIE | Beijing | 100022 WWW.SHEARMAN.COM | T +86.10.5922.8000 | F +86.10.6563.6000 RESIDENT PARTNERS Lee Edwards Alan D. Seem Admitted in New York Writer's Email Address: March 30, 2007 alan.seem@shearman.com Writer's Direct Number: Tel: +86.10.5922.8002 Fax: +86.10.6563.6002 VIA EDGAR Ms. Beverly A. Singleton, Staff Accountant 100]