35647-01a 1.2

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this (incorporated in the Cayman Islands with limited liability) NOTICE IS HEREBY GIVEN that an extraordinary general meeting (‘‘Meeting’’) of XiangyuDredging Holdings Limited (‘‘Company’’) will be held at Boardroom 6, Mezzanine Floor, RenaissanceHarbour View Hotel Hong Kong at 1 Harbour Road, Wanchai, Hong Kong on Tuesday, 15 May 2012at 12: 00 noon or thereabout (immediately after the conclusion of the Company’s annual generalmeeting to be held at the same place and the same day at 11:30 a.m.) for the following purposes: To re-elect Mr. Liu Longhua as a non-executive director of the Company.
To re-elect Mr. Huan Xuedong as an independent non-executive director of the Company.
Executive Director and Chief Executive Officer Registered Office:Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Principal Place of Business in Hong Kong:Office 19, 36th FloorChina Merchants TowerShun Tak Centre200 Connaught Road CentralHong Kong A member entitled to attend and vote at the Meeting may appoint a proxy or, if holding two or more shares, more than one proxy to attend and vote on his behalf. A proxy need not be a member of the Company.
To be valid, the form of proxy together with the power of attorney or other authority, if any, under which it is signed, or a notarially certified copy thereof must be deposited at the Company’s Hong Kong branch share registrar, TricorInvestor Services Limited at 26th Floor, Tesbury Centre, 28 Queen’s Road East, Wanchai, Hong Kong not less than 48hours before the time fixed for holding the Meeting or adjournment thereof.
To be valid, the form of notice of appointment of corporate representative, in the case of appointment by a shareholder which is a corporate shareholder other than a clearing house, must be deposited at the Company’s Hong Kong branchshare registrar, Tricor Investor Services Limited at 26th Floor, Tesbury Centre, 28 Queen’s Road East, Wanchai, HongKong not less than 48 hours before the time fixed for holding the Meeting or adjournment thereof.
The register of members of the Company will be closed from Monday, 14 May 2012 to Tuesday, 15 May 2012, both days inclusive, during which period no transfer of shares will be registered. In order to qualify for attending the Meeting, all transfers accompanied by the relevant share certificates must be lodged with the Company’s Hong Kongbranch share registrar, Tricor Investor Services Limited at 26th Floor, Tesbury Centre, 28 Queen’s Road East,Wanchai, Hong Kong not later than 4: 30 p.m. on Friday, 11 May 2012.
As at the time of this announcement, the Board comprises Mr. Liu Kaijin as Joint Chairman, Executive Director and Chief Executive Officer; Ms. Zhou Shuhua as an Executive Director; Mr. Liu Longhua as Joint Chairman and Non-executive Director; and Ms. Leung Mei Han, Mr. Zhang Jun, Ms. Peng Cuihong and Mr. Huan Xuedong as Independent Non-

Source: http://www.cdep.com.hk/english/Upfile/27/4/2012/2012042744555377.pdf