Sino Gas International: Update on Guyuan County Project and Baoding Gas Company

Name	Symbol	Market	Type
iShares MSCI USA ESG Screened UCITS ETF	TG:SGAS	Tradegate	Exchange Traded Fund

Name

Symbol

Market

Type

iShares MSCI USA ESG Screened UCITS ETF

TG:SGAS

Tradegate

Exchange Traded Fund

	Price Change	% Change	Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.022	0.22%	9.838	9.828	9.857	9.85	9.82	9.83	710	22:50:09

Price Change

% Change

Price

Bid Price

Offer Price

High Price

Low Price

Open Price

Traded

Last Trade

0.022

0.22%

9.838

9.828

9.857

9.85

9.82

9.83

710

22:50:09

Sino Gas International: Update on Guyuan County Project and Baoding Gas Company

31/10/2008 6:39am

PR Newswire (US)

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Beijing Zhongranweiye Signs Franchise Agreement with Guyuan County BEIJING, Oct. 31 /Xinhua-PRNewswire-FirstCall/ -- Beijing Zhongranweiye Gas Co., Ltd. a fully owned subsidiary of Sino Gas International Holdings (OTC:SGAS) (BULLETIN BOARD: SGAS) , signed franchises agreement with Guyuan County of Zhangjiakou City On Sep 9th 2008, Beijing Zhongranweiye Gas Co., Ltd. signed a franchise agreement with the government of Guyuan County of Zhangjiakou City. The franchise agreement grants the company exclusive right to develop its natural gas distribution network and supply natural gas in the operational location for 30 years. Beijing Zhongranweiye Gas Co., Ltd. will establish a subsidiary in Guyuan County and expect to invest RMB3.5 million in phase one of the project. According to the city development plan, the newly connected households will be at least 3000 annually in the next 3 years. The Guyuan natural gas project will improve the infrastructure of Guyuan county, enhance the living quality of city residents, and reduce pollution. Update on Baoding Gas Company: At the beginning of 2008, Sino Gas Construction Limited ("Sino Gas Construction"), a fully owned subsidiary of Sino Gas International Holdings, Inc., signed an agreement with Baoding Gas Company in Baoding public utility group in Baoding, Hebei province. Baoding is the largest city in Hebei province of China. Sino Gas Construction planed to acquire Baoding Gas and had paid RMB 30 million as deposit according to the agreement. Due to market condition and under the impact of the US financial market crisis, Sino Gas Construction could not secure financing required for the acquisition. In the third quarter, Sino Gas Construction retrieved the full deposit of RMB 30 million. However, Sino Gas Construction will continue to monitor the Baoding project. If the required financing is in place in the future, Sino Gas Construction will negotiate the acquisition again. DATASOURCE: Sino Gas International Holdings CONTACT: Jiang Zhou, +86-10-8260-0040 x883, or

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