1. 1 FY2011 Interim Results Briefing 29 th November 2010

2. Operational Highlights 1H FY2011

3. 3 Piped Gas Sales Volume (as at 30 th Sep 2010) PeriodSales Growth – Total 1H FY1114.3% 1H FY10106.0.% 1H FY09110.9% PeriodSales Growth – Natural Gas Only 1H FY1121.8% 1H FY10101.8% 1H FY09138.0% Total sales volume (million m 3 )

4. 4 Natural Gas Volume Customer Breakdown (as at 30 th Sep 2010) Sector Sales Volume Growth in 1H FY11 % of Total Volume CNG Stations72.5%10.1 % Commercial62.6%12.9% Industrial8.3%64.2% Residential42.0%12.8% Natural gas sales volume (million m 3 )

5. 5 Natural Gas Customer Data (as at 30 th Sep 2010) Customer Growth OrganicAcquired 1H FY11 Portfolio Total Change from 1H FY10 Portfolio Total Residential386,500409,5815,633,51734.2%4,197,905 Industrial95490971.8%529 Commercial1,6991,53936,71420.6%30,454 CNG Stations17410241.7%72 Customer Tariffs (ex-tax) (RMB / m 3 ) 1H FY11Change from 1H FY101H FY101H FY09 Residential2.0612.0%1.841.82 Industrial2.166.4%2.031.95 Commercial2.487.4%2.312.02 CNG Stations2.3710.7%2.142.31

6. 6 Penetration Rate Urban Population Covered (m) Natural gas daily consumption Urban population covered and penetration rate (000 m 3 ) Natural Gas Other Operational Data (as at 30 th Sep 2010)

7. 7 1H FY11 Change from 1H FY10 1H FY09 Residential Connection Fee (RMB per customer) 2,4842.7%2,4182,228 Total Pipelines (km) 52,74681.9%28,99017,073 Natural Gas Other Operational Data (as at 30 th Sep 2010)

8. 8 LPG Operational Data (as at 30 th Sep 2010) 1H FY111H FY10 Sale tonnage (ton)508,482435,900 Gross Margin (%)-0.14%+8.40% Operating Margin (%)-3.67%- 0.14%

9. 9 Beijing Shanghai Heilongjiang Jilin Liaoning Inner Mongolia Xinjiang Tibet Qinghai Gansu Ningxia Shaanxi Shanxi Henan Shandong Hebei Jiangsu Anhui Zhejiang Fujian Jiangxi Hunan Guangdong Taiwan Guangxi Hainan Yunnan Guizhou Sichuan Chongqing Tianjin Hubei Natural Gas Current Project Locations Shaanxi Baoji, Qishan Xian, Yulin Hebei Cangzhou, Cangzhou Economic Development Zone, Nanpi, Qinghe, Leting, Xinle, Gaocheng, Pingshan, Feng Nan, Neiqiu, Wangdu, Nanbao, Bohai New Area, Hebei Pipeline, Tang County Hubei Yichang, Xiaogan, Hanchuan, Yingcheng, Yunmeng, Suizhou, Tianmen, Guangshui, Dangyang, Xiaogan Pipeline, Dangyang Pipeline, Huanggang-Daye pipeline Hunan Yiyang, Yuanjiang, Youxian Guangdong Maoming, Conghua, Meizhou, Yunfu, Shanwei, Xinxingxian, Fengshunxian, Pingyuanxian Guangxi Yuling, Qinzhou, Liuzhou, Fongchenggang, Laibin, Baise, Nanning City, Nanning Dongmeng Development Zone, Bobai Chongqing Dianjiang E&P, Yubei District, Dingwang purification, Chongqing Pipeline Inner Mongolia Hohhot, Wushenqi, Wushenqi Pipeline, Changmeng Pipeline, Baotou, 4 counties, Etoke Banner, Etuokeqi, Alashan, Zuoqi Tenggeli Industrial Zone Ningxia Zhongwei Fujian 29 city gas concessions Jiangsu Pizhou, Yangzhong, Nanjing (Jiang Bei, Pukou), Xuzhou (Jiawang), Xuzhou (Xinyi), Yangzhou Anhui Wuhu, Huainan, Shouxian, Suzhou, Wuhuxian, Nanling, Huoshan, Fengtai, Wuwei, Xiuningxian Zhejiang Hangzhou (Xiaoshan), Taizhou, Jinhua, Hangzhou Jiangdong Industrial Zone Liaoning Dalian, Fushun, Jinzhou, Sujiatun(Shenyang), Jinzhou D. Zone, Liaoyang, Gaizhou, Zhuanghe, Linghai, Pulandian, Liaoyang Economic Zone, Jinzhou Longxiwan New Zone Shandong Dezhou, Qingdao, 3 cities from Zhongyu Gas Tianjin Tianjin Pipeline Heilongjiang Harbin, Jiamusi, Shuangcheng, Mudanjiang, Jiagedaqi Jiangxi Nanchang (Wanliqu) Henan 8 city gas concessions from Zhongyu Gas Gansu Lingtai County

10. Financial Highlights 1H FY2011

11. 11 Financial Summary Income Statement HK$ ('000)1H FY11% change1H FY10 Turnover 6,537,62166.0%3,937,292 Gas Sales 2,404,53852.5%1,577,112 Connection Fees 1,005,28879.8%559,269 LPG Sales 2,897,58965.8%1,748,104 Other 230,206340.0%52,327 Gross Profit 1,234,71232.2%934,031 EBIT 770,12337.2%561,507 Profit after tax 123,729-74.8%490,778 Core Earnings 296,16925.5%236,054 Gross Margin – Gas Sales 20.0%-22.9% Gross Margin – Connection Fees 70.7%-74.8% Gross Margin – LPG Sales -0.1%-8.4%

12. 12 Financial Summary Balance Sheet & Debt Position HK$ ('000)1H FY11 1H FY10 Total Assets26,380,90319,451,891 Total Equity6,413,1524,477,943 Shareholder's Equity4,948,4703,648,305 Cash4,258,2802,503,123 Short-term Bank Debt5,410,759*3,102,667 Long-term Bank Debt8,937,9597,968,539 * of which HK$2,851,490,000 was Zhongyou Huadian LPG trade finance related facilities

13. FY2011-12 Outlook

14. 14 FY2011-2012 Guidance FY2011FY2012 Gas volume (m 3 )4.8 bn6.0 bn New residential connections700,000850,000 CNG stationsto reach 120180 LPG sales (million ton)1.32.0 Enhance organic growth of existing city gas and pipeline projects in terms of residential penetration, industrial connections and CNG station rollout Continue upstream LPG integration with refineries Sinopec and CNPC and enhance imports through Oman Oil’s connections in the Middle East Active rollout of LPG downstream retail distribution network through the newly established JV with Oman Oil

15. 15 Disclaimer Statements in this presentation and handout that are not strictly historical are “forward-looking” statements. Forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the Company’s product and services in the marketplace, competitive factors, new products and technology changes, the Company’s dependence upon third party suppliers and other risks detailed from time to time in the presentation, handout and other related documents. China Gas is not responsible for the accuracy and completeness of the contents of such presentations and/or other documents. The materials and information in the presentations and other documents are for informational purposes only, and are not an offer or solicitation for the purchase or sale of any securities or financial instruments or to provide any investment service or investment advice.