Profiles of Directors, Supervisors and Senior Management (Cont’D) Profiles of Directors, Supervisors and Senior Management (Cont’D)

!"#$%&'(EF !"#$%&'(EF Profiles of Directors, Supervisors and Senior Management (Cont’d) Profiles of Directors, Supervisors and Senior Management (Cont’d)

!"# RP !"# Ms. Pan Gui Rong, aged 53, is an independent director of the Company. Ms. !"#$%&'())*+ Pan was the deputy Head of Qingdao Audit Firm, the Company’s supervisor, !"#$%&'(')* and now is the head of Shandong Tian Hua Accountants Firm. She is a !"#$%&'()*# senior auditor and chartered accountant. Ms. Pan has many years of !"# !"#$%&'( experience in corporate finance auditing. !"

Supervisors

!"# RT !"# Mr. Wu Yu Ting, aged 57, is the Chairman of the Supervisory Committee. Mr. !"#$%&'()*+ Wu has been involved in supervisory work and corporate accounting for many !"#$%&'()*+ years. He was the Head and the Deputy Head of Qingdao Discipline and !" !"#$# Inspection Commission and the Deputy Head of Supervisory Bureau. He ! !"#$%&'( joined the Company in April, 1998. Mr. Wu gained broad experience in law !"#$%&'()*+,-. knowledge and accounting supervisory.

!" PR !"# Mr. Chen Jun, aged 35, is the Company’s supervisor and working as Deputy !"#QM !"# Mr. Yu Jia Ping, aged 40, is a Supervisor of the Company. Mr. Yu is now the !"#$%&'()*+ General Manager of CITIC Wantong Securities Company, with MBA’s degree. !"#$%&&'( !" director of Tsingtao Brewery. He was the Deputy General Manager of Tsingtao ! !"#$%&'()* He was division head of CITIC Securities Shandong Investment Bank, who !"#$%$&' !"! Brewery Malting Plant, Deputy General Manager of Tsingtao Brewery Facctory !"#$%&'()*+, has rich expierience in corporate investment & financing. !!"#$% !"#$ No. 1, General Manager of Tsingtao Brewery Factory No. 2. He has broad !"# !"#$%&'( experience in brewery management. !"# Senior Management

!"#QM !"# Mr. Ren Zeng Gui, aged 40, is the Company’s supervisor. He is now working !"# QS !"# Mr. Sun Ming Bo, aged 46, is the Executive Vice President. Mr. Sun was the !"#$%$&' !"# as the deputy chief of Auditing Department. He served as financial director !"#$%&'()*) Deputy General Manager and Chief Engineer of Tsingtao Brewery Factory !"#$%&'()*+ of Tsingtao Brewery No.5, chief of auditing division under office for the !" !"#$#%&! No. 1, and the Assistant to General Manager and Deputy Chief Engineer of !"##$% !"#$ OM Supervisory Committee. He has been with finance over 20 years and gained ! !" !"#$%& the Company. He gained broad experience in beer production, management !"#$%&'()*+, broad experience in enterprise financial management and auditing. !"# !"#$%&'() and strategic planning. He is a senior engineer. !"#$%&'

!"#RQ !"# Mr. Liu Qing Yuan, aged 54, is a Supervisor of the Company. Mr. Liu is now !"# RO !"# Mr. Teng An Gong, aged 52, Chairman of Labour Union of the Company. Mr. !"#$%&'()* the Director of Qingtao Tianhe Law Firm, and was the solicitor of the Southern !"#$%%&'()*+ Teng was the Deputy Head and Deputy Director of the Policy Research Unit !"#$%&"#' ! District Law Firm of Qingdao, and. He has many years experience in legal ! !NVVT !"#$ of Qingdao Party Committee. He joined the Company in 1997 and gained !"#$% field. !"#$%&'()*+ broad experience in political and legal fields.

!"#RN !"# Mr. Zhong Ming Shan, aged 51, is the Company’s supervisor. He is now the !"QP !"#$% Mr. Fan Wei, aged 43, is the Chief Engineer of the Company. Mr. Fan !"#$%&'()*++,- chief of Shandong Desheng Accountants. He acted as vice chief of Qingdao !"#$%&'()*+,+-. was the Deputy General Manager and the Chief Engineer of the Tsingtao !"# !"#$%&'( Accountants and has long been with financial management as well as auditing. !"#$ !"#$%&'( Brewery Factory No. 2. He is a senior engineer and has gained broad !"#$%&'()*+ He is qualified with chartered accountants in securities. !"#$%&' !"#$ experience in production and technical management of brewery industry. !"#$%&'()*"+

46 47 !"#$%&'(EF !"#$%&'(EF Profiles of Directors, Supervisors and Senior Management (Cont’d) Profiles of Directors, Supervisors and Senior Management (Cont’d)

Supervisors

46 47 !"#$%&'(EF !"# Profiles of Directors, Supervisors and Senior Management (Cont’d) Disclosure of Significant Events

!" PU !"#$ Ms. Yan Xu, aged 38, is the Vice President of the Company and the General !"#$%&'()* 1. Acquisition and Disposal of assets of the Company during the period !"#$%&'()*+ Manager of Tsingtao Brewery South China Investment Co, Ltd. Prior to joining !"#$%&'()(* the Company in January 1999, Ms. Yan was the Assistant to the General OMMOPS !"#$%&' On 6 March 2002, the Company engaged an independent third party to !"NVVVN !"#$ Manager and Director & Deputy General Manager of the Zhujiang Brewery ! NSISMP !"#$% acquire all the assets in an auction sold by Xiamen Yincheng Co., Ltd. with !"#$%&'()*+,-. Group. Ms. Yan has been undertaking beer sales and marketing management !"#$%&'()*+,#- the permission of the Intermediate People's Court of Xiamen at a consideration !"#$%&'() for many years, and gained broad experience in marketing. !"#$%&'()*+ of RMB166,030,000 (inclusive of commission charged by the auction house !"#$%&'()*+,-. and agency fee paid to the entrusted party). !"#QU !"#$ Mr. Zhang Xue Ju, aged 48, is the Vice President of the Company. He was !" !"#$%&'()*+ the Head of the Finance Department and the Secretary to the Board and !"#$% !"#$ General Manager of the sales company, who has many years of experience OMMOQQ !"#$%&' On 4 April 2002, the Company and QEA investment Co., Ltd. jointly !"#$%&'() in corporate management and marketing. !"#$%&'()*+,-. established Tsingtao Brewery (Xiamen) Company Limited ("Xiamen ! ! !"#$%&'( Company"), with registered capital of RMB10 million. The Company shall !"# RN !"# Mr. Cao Xiang Dong, aged 51, vice president of the Company and General !"#$%&'( NMMM contribute in cash of RMB8 million, representing 80% of Xiamen Company's !"#$%&'()*+, Manager of Tsingtao Brewery East China Holding Co., Ltd. He acted as !"#$%&'UMM registered capital and all the assets acquired in auction will be transfered to !"#$ !"#$ division chief, director of Tsingtao Brewery No.2, director of brewery No. 1, !"#$%&UMB !"# Xiamen Company. Such assets will be operated by Xiamen Company. The !"#"$%& !"#$ assistant general manager of the Company and has long experience in !"#$%&'()*+ production capacity of the new company has reached 150,000 kilolitres and !"# $% operation and management of brewery. !"# !"#$%&' operation has commenced at the end of June 2002. NR ! OMMO S ! !" QT !"#$ Ms. Yuan Lu, aged 47, is the Secretary to the Board of the Company. Ms. !"#$%&'$()*+ Yuan has extensive experience in her position and investor relations and is !"#$%&'()*+,#$ the director of the Secretariat Office of the Board of Directors at present. !"#$%& !" 2. Important Litigations and arbitrations during the year !"#$%&'()* N !"# !"#$%&' (1) In the reporting period, the Intermediate People's Court of Qingdao made !"#$% !"#$% a ruling in relation to the Company's litigation with Qingdao Honglong Trading !"#$%&'()*+,- Company Limited ("Honglong Company") over the disputed purchase orders. !"#$%&'() !*+, It was ruled that Honglong Company and its shareholders shall pay the !" NRINMRIMQT !" outstanding amount of RMB15,105,047 for the beer purchased. Since !" #$%&'()*+,-. Honglong Company made an appeal to the Higher People's Court of !"#$%&'( Shandong and the case has entered the second stage of hearing.

O OMMN !"#$%&' (2) No significant progress has been achieved for the case of Guangming !"#$%"#&'()*+,- General Company suing the Company for the breach of distribution contract !"#$ as disclosed in the Company's 2001 Annual Report.

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