A bid made by Singapore Airlines for a 24% stake in China Eastern Airlines was turned down by minority shareholders.

China Eastern Airlines Corporation Limited (the "Company") (NYSE: CEA; SEHK "0670"; SSE "600115"), announces that, following a request made by the Company to the Stock Exchange of Hong Kong Limited, trading in its H shares has been suspended with effect from 9:47 a.m. on May 22, 2007 pending the release of an announcement of the Company, the nature of which is price-sensitive.