Ping An acquisition deep development postponed

As the original shares purchase agreement is about to expire, China peace and new bridge investment both parties are willing to continue to perform, so adjusted the agreement on the final day of termination of the statement December 24, China Ping An Insurance (Group) Co., Ltd. ("China Peace") issued a notice, by the Board of Trustees, China Peace will be signed with the new bridge investment　　The supplemental agreement on the share purchase agreement, postponed to April 30, 2010 the "Last Day" of the "final termination date" in the original share purchase agreement signed by China Ping An acquisition Shenzhen Development Bank Co., Ltd. ("Deep Development") 16.76% shares. Our correspondent learned from China's Ping An office that the agreement was due to expire, and both sides of China's peace and new bridge were willing to continue to perform, so they adjusted the relevant final termination date. China Ping-An said that its insurance, banking and investment business continue to maintain a good development posture, the two sides have confidence in the completion of the relevant transaction matters. According to the notice, the Supplemental agreement for the share purchase agreement changes the "last day of termination" as defined in the shares purchase agreement from December 31, 2009 to April 30, 2010.　　At present, the transaction is still in the approval process of the relevant state regulatory authorities. June 12, 2009, China Ping An issued a notice, and the deep development of the first major shareholder of the new bridge investment signed the "Share purchase Agreement", Ping an will not be later than December 31, 2010 to acquire the new bridge investment held by the deep development of 16.76% of the shares (before the issue of additional).　　Transactions will take the form of cash or equity payments. If the cash payment, the purchase price per share of RMB 22 yuan, the total price of RMB 11.449 billion yuan, the acquisition of funds for China Ping ' an group own funds; 088,758 shares of H shares as a consideration (based on the share exchange rate of 1.74 shares per 1 shares of Ping An H-Shares in China), the average trading price of H shares in the first 30 trading days before the suspension, and the deep development shares are calculated at 26 yuan per share. Deep Development (SZ.000001) December 24 closing price of 23.28 yuan.