China
Petroleum & Chemical Corporation and all members of its board of
directors warrant the authenticity, accuracy and completeness of the
information contained in this announcement, and jointly and severally
accepts full responsibility for any misrepresentation, misleading
statements or material omissions contained in this
announcement.
This
announcement is made pursuant to Rules 13.09(1) and 13.09(2) of the Rules
Governing the Listing of Securities on The Stock Exchange of Hong Kong
Limited.
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1.
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Results
prediction period: 1 January 2008 to 31 December
2008
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2.
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Previous
disclosure of the predicted results and the disclosure time: on 23 January
2009, China Petroleum & Chemical Corporation (the "Company") issued
Announcement on Profit Warning in respect of the Annual Results of the
Year 2008 in China Securities Journal, Shanghai Securities News,
Securities Times and website of Shanghai Stock Exchange, predicting that
the net profit attributable to the parent company would decrease by more
than 50% compared to the corresponding period of previous
year.
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3.
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Amended
results prediction position: the net profit attributable to the parent
company during the period between 1 January 2008 and 31 December 2008 is
expected to decrease by about 50% compared to the corresponding period of
previous year. Detailed information will be disclosed in the annual report
audited by the accounting
firm.
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4.
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The
results prediction has not been audited by registered accountants for the
annual audit.
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II.
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Reasons
for the discrepancy in the predictions: during the continuous development
of the audit work in relation to annual results for 2008, the results
prediction was amended.
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III.
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The
results prediction has not been audited by registered accountants for the
annual audit. The specific financial information for the year 2008 shall
be referred to audited annual report of 2008. China Securities Journal,
Shanghai Securities News and Securities Times are the newspapers
designated by the Company for the purpose of disclosure. The information
disclosed in the designated newspapers and the website of Shanghai Stock
Exchange shall prevail. Investors are advised to exercise
caution in the investment risk.
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By
order of the Board
China Petroleum & Chemical
Corporation
Chen
Ge
Secretary to the Board of
Directors
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