| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               |                    |   |
|               | BOEING      PROPRIETARY |   |

----

|                       |   |                                                          |   | SA     |
|----------------------------|--------|---------------------------------------------------------------|--------|--------|
|                       |   |                                                          |   | NUMBER |
| ARTICLES                   |   |                                                          |   |   |
|                       |   |                                                          |   |   |
| 1.                         |   | Quantity,      Model and Description                          |   |   |
|                       |   |                                                          |   |   |
| 2.                         |   | Delivery      Schedule                                        |   |   |
|                       |   |                                                          |   |   |
| 3.                         |   | Price                                                         |   |   |
|                       |   |                                                          |   |   |
| 4.                         |   | Payment                                                       |   |   |
|                       |   |                                                          |   |   |
| 5.                         |   | Miscellaneous                                                 |   |   |
|                       |   |                                                          |   |   |
| TABLE                      |   |                                                          |   |   |
|                       |   |                                                          |   |   |
| 1.                         |   | Aircraft      Information Table – Block A Aircraft |   |   |
| 2.                         |   | Aircraft      Information Table – Block B Aircraft |   |   |
|                       |   |                                                          |   |   |
| EXHIBIT                    |   |                                                          |   |   |
|                       |   |                                                          |   |   |
| A-l                        |   | Aircraft      Configuration – Block A Aircraft     |   |   |
|                       |   |                                                          |   |   |
| A-2                        |   | Aircraft      Configuration – Block B Aircraft     |   |   |
|                       |   |                                                          |   |   |
| B.                         |   | Aircraft      Delivery Requirements and Responsibilities      |   |   |
|                       |   |                                                          |   |   |
| SUPPLEMENTAL      EXHIBITS |   |                                                          |
|                       |   |                                                          |
| AE1.                       |   | Escalation      Adjustment/Airframe and Optional Features     |   |   |
|                       |   |                                                          |   |   |
| BFE1.                      |   | BFE      Variables                                            |   |   |
|                       |   |                                                          |   |   |
| CS1.                       |   | Customer      Support Variables                               |   |   |
|                       |   |                                                          |   |   |
| EE1.                       |   | Engine      Escalation/Engine Warranty and Patent Indemnity   |   |   |
|                       |   |                                                          |   |   |
| SLP1.                      |   | Service      Life Policy Components                           |   |   |

| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               |                    |   |
|               | BOEING      PROPRIETARY |   |

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| LETTER      AGREEMENTS |   |                                                      |
|------------------------|--------|-----------------------------------------------------------|
|                   |   |                                                      |   |   |
| 3263-01                |   | Seller      Purchased Equipment                           |   |   |
|                   |   |                                                      |   |   |
| 3263-02                |   | Boeing      Purchase of Buyer Furnished Equipment         |   |   |
|                   |   |                                                      |   |   |
| 3263-03                |   | Loading      of Software Owned by or Licensed to Customer |   |   |
|                   |   |                                                      |   |   |
| 6-1165-CKR-1379        |   | Government      Approval                                  |   |   |
|                   |   |                                                      |   |   |
| 6-1165-CKR-1380        |   | Aircraft      Performance Guarantees                      |   |   |
|                   |   |                                                      |   |   |
| 6-1165-CKR-1381        |   | Promotional      Support                                  |   |   |
|                   |   |                                                      |   |   |
| 6-1165-CKR-1382        |   | Special      Matters                                      |   |   |
|                   |   |                                                      |   |   |
| 6-1165-CKR-1383        |   | Shareholder      Approval                                 |   |   |
|                   |   |                                                      |   |   |
| 6-1165-CKR-1384        |   | Special      Escalation Program                           |   |   |
|                   |   |                                                      |   |   |
| 6-1165-CKR-1385        |   | Volume      Agreement                                     |   |   |
|                   |   |                                                      |   |   |
| 6-1165-CKR-1386        |   | Aircraft      Model Substitution                          |   |   |
|                   |   |                                                      |   |   |
| 6-1165-CKR-1387        |   | Board      of Directors Approval                          |   |   |
|                   |   |                                                      |   |   |
| 6-1165-CKR-1388        |   | Liquidated      Damages – Non-Excusable Delay  |   |   |
|                   |   |                                                      |   |   |
| 6-1165-CKR-1389        |   | Payment      Matters                                      |   |   |
|                   |   |                                                      |   |   |
| 6-1165-CKR-1390        |   | Clarifications      and Understandings                    |   |   |

| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               |                    |   |
|               | BOEING      PROPRIETARY |   |

----

----

| Article      1. | Quantity,      Model andDescription. |
|-----------------|--------------------------------------|

| Article      2. | Delivery      Schedule. |
|-----------------|-------------------------|

| Article      3. | Price. |
|-----------------|--------|

| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               |                    |   |
|               | BOEING      PROPRIETARY |   |

----

| Article      4. | Payment. |
|-----------------|----------|

| Article      5. | Additional      Terms. |
|-----------------|------------------------|

| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               |                    |   |
|               | BOEING      PROPRIETARY |   |

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| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               |                    |   |
|               | BOEING      PROPRIETARY |   |

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| CHINA      SOUTHERN AIRLINESCOMPANY      LIMITED                                 |              | THE      BOEING COMPANY |
|----------------------------------------------------------------------------------|-------------------|-------------------------|
|                                                                             |              |                    |   |   |
| By                                                                               | /s/ Xu Jie Bo     |                    | By | /s/ Art Abel |
|                                                                             |              |                    |   |   |
| Its                                                                              |              |                    | Its | Attorney-In-Fact |
|                                                                             |              |                    |   |   |
| CHINA      SOUTHERN AIRLINES (GROUP)IMPORT      & EXPORT TRADING CORPORATION |              |                    |   |
|                                                                             |              |                    |   |   |
| By                                                                               | /s/ Wang Shi Qing |                    |   |   |
|                                                                             |              |                    |   |   |
| Its                                                                              |              |                    |   |   |

| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               |                    |   |
|               | BOEING      PROPRIETARY |   |

----

| Airframe      Model/MTOW:            737-71B          | 154,500      pounds | Detail      Specification:            D019A001GUN37P-01,      REV D (7/31/2006)                                                                                               |
|-------------------------------------------------------------------------------------------------------------------|---------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                              |                |                                                                                                                                                                                                                                      |
| Engine      Model/Thrust:             CFM56-7B22 | 22,000      pounds  | Airframe      Price Base Year/Escalation      Formula:                    ***                 ***            |
|                                                                                                              |                |                                                                                                                                                                                                                                      |
| Airframe      Price:                                                                                              | ***                 | Engine Price Base Year/Escalation      Formula:                   N/A           N/A |
|                                                                                                              |                |                                                                                                                                                                                                                                      |
| Optional      Features:                                                                                           | ***                 |                                                                                                                                                                                                                                      |
|                                                                                                              |                |                                                                                                                                                                                                                                      |
| Sub-Total      of Airframe and Features:                                                                          | ***                 | Airframe      Escalation Data:                                                                                                                                                                                                            |
|                                                                                                              |                |                                                                                                                                                                                                                                      |
| Engine      Price (Per Aircraft):                                                                                 | ***                 | Base      Year Index (ECI):               ***                                                                                                                                                |
|                                                                                                              |                |                                                                                                                                                                                                                                      |
| Aircraft      Basic Price (Excluding BFE/SPE):                                                                    | ***                 | Base      Year Index      (ICI):                ***                                                                                                                                |
|                                                                                                              |                |                                                                                                                                                                                                                                      |
| Buyer      Furnished Equipment (BFE) Estimate:                                                                    | ***                 |                                                                                                                                                                                                                                      |
|                                                                                                              |                |                                                                                                                                                                                                                                      |
| Seller      Purchased Equipment      (SPE) Estimate:                                                              | ***                 |                                                                                                                                                                                                                                      |
|                                                                                                              |                |                                                                                                                                                                                                                                      |
| Refundable      Deposit/Aircraft at Proposal Accept:                                                         | ***            |                                                                                                                                                                                                                                      |

| DeliveryDate | Number ofAircraft | EscalationFactor(Airframe) |   |   | *** | *** |
|--------------|------------------------|----------------------------|--------|--------|-----|-----|
| ***          | ***                    | ***                        | ***    |
| Aug-2011     | 1                      | ***                        |   |   | *** | *** | *** | *** | *** |
| Dec-2011     | 1                      | ***                        |   |   | *** | *** | *** | *** | *** |
| Feb-2012     | 1                      | ***                        |   |   | *** | *** | *** | *** | *** |
| Apr-2012     | 1                      | ***                        |   |   | *** | *** | *** | *** | *** |
| May-2012     | 1                      | ***                        |   |   | *** | *** | *** | *** | *** |
| Jun-2012     | 1                      | ***                        |   |   | *** | *** | *** | *** | *** |
| Jul-2012     | 2                      | ***                        |   |   | *** | *** | *** | *** | *** |
| Aug-2012     | 1                      | ***                        |   |   | *** | *** | *** | *** | *** |
| Sep-2012     | 1                      | ***                        |   |   | *** | *** | *** | *** | *** |
| Oct-2012     | 1                      | ***                        |   |   | *** | *** | *** | *** | *** |

| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
| 44939-1F.TXT  | Boeing      Proprietary |   |

----

| DeliveryDate   | Number ofAircraft | EscalationFactor(Airframe) |   |   | ***    | ***    |
|----------------|------------------------|----------------------------|--------|--------|--------|--------|
| ***            | ***                    | ***                        | ***    |
| Nov-2012       | 1                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Dec-2012       | 1                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Jan-2013       | 1                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Feb-2013       | 1                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Mar-2013       | 1                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Apr-2013       | 1                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| May-2013       | 1                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Jun-2013       | 2                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Jul-2013       | 2                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Aug-2013       | 1                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Sep-2013  | 1                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Oct-2013  | 1                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Total:    | 25                |                       |   |   |   |   |   |   |   |

| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
| 44939-1F.TXT       | Boeing      Proprietary |   |

----

| Airframe      Model/MTOW:            737-81B          | 161,500      pounds | Detail      Specification:             D019A001GUN38P-01.      REV C (2/12/2007)                                                                                         |   |
|-------------------------------------------------------------------------------------------------------------------|---------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                              |                |                                                                                                                                                                                                                                      |   |
| Engine      Model/Thrust:             CFM56-7B26 | 26,400      pounds  | Airframe      Price Base Year/Escalation      Formula:                         ***                 ***            |   |
|                                                                                                              |                |                                                                                                                                                                                                                                      |   |
| Airframe      Price:                                                                                              | ***                 | Engine Price Base Year/Escalation      Formula:                   N/A           N/A |   |
|                                                                                                              |                |                                                                                                                                                                                                                                      |   |
| Optional      Features:                                                                                           | ***                 |                                                                                                                                                                                                                                      |   |
|                                                                                                              |                |                                                                                                                                                                                                                                      |   |
| Sub-Total      of Airframe and Features:                                                                          | ***                 | Airframe      Escalation Data:                                                                                                                                                                                                            |   |
|                                                                                                              |                |                                                                                                                                                                                                                                      |   |
| Engine      Price (Per Aircraft):                                                                                 | ***                 | Base      Year Index      (ECI):                     ***                                                                                                       |   |
|                                                                                                              |                |                                                                                                                                                                                                                                      |   |
| Aircraft      Basic Price (Excluding BFE/SPE):                                                                    | ***                 | Base      Year Index      (ICI):                 ***                                                                                                 |   |
|                                                                                                              |                |                                                                                                                                                                                                                                      |   |
| Buyer      Furnished Equipment (BFE) Estimate:                                                                    | ***                 |                                                                                                                                                                                                                                      |   |
|                                                                                                              |                |                                                                                                                                                                                                                                      |   |
| Seller      Purchased Equipment (SPE) Estimate:                                                                   | ***                 |                                                                                                                                                                                                                                      |   |
|                                                                                                              |                |                                                                                                                                                                                                                                      |   |
| Refundable      Deposit/Aircraft at Proposal Accept:                                                              | ***                 |                                                                                                                                                                                                                                      |   |

| DeliveryDate | Number ofAircraft | EscalationFactor(Airframe) |   |   | *** | *** |
|--------------|------------------------|----------------------------|--------|--------|-----|-----|
| ***          | ***                    | ***                        | ***    |
| May-2011     | 1                      | ***                        |   |   | *** | *** | *** | *** | *** |
| Jul-2011     | 1                      | ***                        |   |   | *** | *** | *** | *** | *** |
| Sep-2011     | 1                      | ***                        |   |   | *** | *** | *** | *** | *** |
| Nov-2011     | 2                      | ***                        |   |   | *** | *** | *** | *** | *** |
| Dec-2011     | 1                      | ***                        |   |   | *** | *** | *** | *** | *** |
| Jan-2012     | 1                      | ***                        |   |   | *** | *** | *** | *** | *** |
| Mar-2012     | 1                      | ***                        |   |   | *** | *** | *** | *** | *** |
| May-2012     | 1                      | ***                        |   |   | *** | *** | *** | *** | *** |
| Jun-2012     | 2                      | ***                        |   |   | *** | *** | *** | *** | *** |

| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
| 44938-1F.TXT       | Boeing      Proprietary |   |

----

| DeliveryDate   | Number ofAircraft | EscalationFactor(Airframe) |   |   | ***    | ***    |
|----------------|------------------------|----------------------------|--------|--------|--------|--------|
| ***            | ***                    | ***                        | ***    |
| Jul-2012       | 1                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Aug-2012       | 2                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Sep-2012       | 1                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Jan-2013       | 1                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Feb-2013       | 1                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Mar-2013       | 2                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Apr-2013       | 1                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| May-2013       | 2                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Jun-2013       | 2                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Jul-2013       | 2                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Aug-2013       | 2                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Sep-2013  | 1                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Oct-2013  | 1                      | ***                        |   |   | ***    | ***    | *** | *** | *** |
| Total:    | 30                |                       |   |   |   |   |   |   |   |

| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
| 44938-1F.TXT  | Boeing      Proprietary |   |

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| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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| 1. | Formula.              |
|----|----------------------------------------------------------------------------------------|

| P.A.      No. 3263 | [***The following      page omitted] |   |
|--------------------|--------------------------------------|--------|
|               | BOEING      PROPRIETARY              |   |

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| 2. | Values to be Utilized      in the Event ofUnavailability. |
|----|-----------------------------------------------------------|

| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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| 1. | Supplier      Selection. |
|----|--------------------------|

| Galley      System                     |         | To      Be Determined |
|----------------------------------------|--------------|-----------------------|
|                                   |         |                  |
| Galley      Inserts                    |         | To      Be Determined |
|                                   |         |                  |
| Seats      (passenger)                 |         | To      Be Determined |
|                                   |         |                  |
| Overhead      & Audio System       |         | To      Be Determined |
|                                   |         |                  |
| In-Seat      Video System              |         | To Be      Determined |
|                                   |         |                  |
| Miscellaneous      Emergency Equipment |         | To Be      Determined |
|                                   |         |                  |
| Cargo      Handling Systems GUN        |    | To Be      Determined |

| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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| 2. | On-dock      Dates |
|----|--------------------|

| Item                                             |         | Preliminary On-DockDates   |
|--------------------------------------------------|--------------|----------------------------|
|                                             |         | [1Month of      Delivery:] |
|                                             |         |                       |
|                                             |         | Aircraft                   |
|                                             |         |                       |
| Seats                                            |         | To      Be Determined      |
|                                             |         |                       |
| Galleys/Furnishings                              |         | To      Be Determined      |
|                                             |         |                       |
| Miscellaneous      Emergency Equipment           |         | To      Be Determined      |
|                                             |         |                       |
| Electronics                                      |         | To      Be Determined      |
|                                             |         |                       |
| Textiles/Raw      Material                       |         | To      Be Determined      |
|                                             |         |                       |
| Cargo      Systems (Single      Aisle Programs)) |         | To      Be Determined      |
|                                             |         |                       |
| Provision Kits (Single      Aisle Programs)      |         | To      Be Determined      |
|                                             |         |                       |
| Radomes (Single      Aisle Programs)             |    | To      BeDetermined       |

| 3. | Additional      Delivery Requirements |
|----|---------------------------------------|

| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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|  | 2.2. | Patents. |
|--|------|----------|

|  | 2.4. | Warranty      Pass-On. |
|--|------|------------------------|

| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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|   | 2.5. | New Engine      Warranty.       *** |
|--------|------|------------------------------------------------------------------------|

|   | 2.6. | New Parts      Warranty.     *** |
|--------|------|-----------------------------------------------------------|

| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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|   |   | ***    |
|--------|--------|--------|
|   |   |   |

|   | 2.7. | Ultimate Life      Warranty. |
|--------|------|------------------------------|

|   | 2.7.1 | CFM      warrants Ultimate Life limits on the following  Parts: |
|--------|-------|-----------------------------------------------------------------|

|   |   |                                |
|--------|--------|-------------------------------------|
|   | (i)    | Fan      and Compressor Disks/Drums |

|   | (ii) | Fan      and Compressor Shafts |
|--------|------|--------------------------------|

|   | (iii) | Compressor      Discharge Pressure Seal (CDP) |
|--------|-------|-----------------------------------------------|

|   | (iv) | Turbine      Disks |
|--------|------|--------------------|

|   | (v) | HPT      Forward and Stub Shaft |
|--------|-----|---------------------------------|

|   | (vi) | LPT      Driving Cone |
|--------|------|-----------------------|

|   | (vii)  | LPT      Shaft and Stub Shaft                       |
|--------|--------|-----------------------------------------------------|
|   |   |         *** |

|   | 2.8. | Campaign Change      Warranty. |
|--------|------|--------------------------------|

| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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|   | 2.10. | Indemnity and      Contribution. |
|--------|-------|----------------------------------|

| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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| 1. | Wing. |
|----|-------|

|   |   |                                                                                    |
|--------|--------|-----------------------------------------------------------------------------------------|
|   | (a)    | Upper      and lower skins and stiffeners between the forward and rear wing      spars. |
|   |   |                                                                                    |

|   | (b)    | Wing      spar webs, chords and stiffeners. |
|--------|--------|---------------------------------------------|
|   |   |                                        |

|   | (c)    | Inspar      wing ribs. |
|--------|--------|------------------------|
|   |   |                   |

|   | (d)    | Inspar      splice plates and fittings. |
|--------|--------|-----------------------------------------|
|   |   |                                    |

|   | (e)    | Main      landing gear support structure. |
|--------|--------|-------------------------------------------|
|   |   |                                      |

|   | (f)    | Wing      center section floor beams, lower beams and spanwise beams, but not the      seat tracks attached to floor beams. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                        |

|   | (g) | Engine      strut support fittings attached directly to wing primary      structure. |
|--------|-----|--------------------------------------------------------------------------------------|

|   | (h) | Wing-to-body      structural attachments. |
|--------|-----|-------------------------------------------|

|   | (i) | Support      structure in the wing for spoilers and spoiler actuators; for aileron      hinges and reaction links; and for leading edge devices and trailing edge      flaps. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (j) | Trailing      edge flap tracks and carriages. |
|--------|-----|-----------------------------------------------|

|   | (k) | Aileron      leading edge device and trailing edge flap internal, fixed attachment and      actuator support structure. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------|

| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

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| 2.     | Body.  |
|--------|--------|
|   |   |

|   | (a)    | External      surface skins and doublers, longitudinal stiffeners, longerons and      circumferential rings and frames between the forward pressure bulkhead and      the vertical stabilizer rear spar bulkhead and structural support and      enclosure for the APU but excluding all system components and related      installation and connecting devices, insulation, lining, and decorative      panels and related installation and connecting devices. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                             |

|   | (b)    | Window      and windshield structure but excluding the windows and      windshields. |
|--------|--------|--------------------------------------------------------------------------------------|
|   |   |                                                                                 |

|   | (c)    | Fixed      attachment structure of the passenger doors, cargo doors and emergency      exits, excluding door mechanisms and movable hinge components. Sills and      frames around the body openings for the passenger doors, cargo doors and      emergency exits, excluding scuff plates and pressure  seals. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                            |

|   | (d)    | Nose      wheel well structure, including the wheel well walls, pressure deck,      bulkheads, and gear support structure. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                       |

|   | (e)    | Main      gear wheel well structure including pressure deck and landing gear beam      support structure. |
|--------|--------|-----------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                      |

|   | (f)    | Floor      beams and support posts in the control cab and passenger cabin area, but      excluding seat tracks. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                            |

|   | (g) | Forward      and aft pressure bulkheads. |
|--------|-----|------------------------------------------|

|   | (h) | Keel      structure between the wing front spar bulkhead and the main gear      wheel well aft bulkhead including  splices. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------|

|   | (i) | Wing      front and rear spar support bulkheads, and vertical and horizontal      stabilizer front and rear spar support bulkheads including terminal      fittings but excluding all system components and related installation and      connecting devices, insulation, lining, decorative panels and related      installation and connectingdevices. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (j) | Support      structure in the body for the stabilizer pivot and stabilizer      screw. |
|--------|-----|----------------------------------------------------------------------------------------|

| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

----

| 3. | Vertical      Stabilizer. |
|----|---------------------------|

|   | (a)    | External      skins between front and rear spars. |
|--------|--------|---------------------------------------------------|
|   |   |                                              |

|   | (b)    | Front,      rear and auxiliary spar chords, webs and stiffeners and attachment      fittings. |
|--------|--------|-----------------------------------------------------------------------------------------------|
|   |   |                                                                                          |

|   | (c)    | Inspar      ribs. |
|--------|--------|-------------------|
|   |   |              |

|   | (d)    | Rudder      hinges and supporting ribs, excluding bearings. |
|--------|--------|-------------------------------------------------------------|
|   |   |                                                        |

|   | (e)    | Support      structure in the vertical stabilizer for rudder hinges, reaction links and      actuators. |
|--------|--------|---------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                    |

|   | (f)    | Rudder      internal, fixed attachment and actuator support  structure. |
|--------|--------|-------------------------------------------------------------------------|
|   |   |                                                                    |

| 4.     | Horizontal      Stabilizer. |
|--------|-----------------------------|
|   |                        |

|   | (a)    | External      skins between front and rear spars. |
|--------|--------|---------------------------------------------------|
|   |   |                                              |

|   | (b)    | Front      and rear spar chords, webs and stiffeners. |
|--------|--------|-------------------------------------------------------|
|   |   |                                                  |

|   | (c)    | Inspar      ribs. |
|--------|--------|-------------------|
|   |   |              |

|   | (d)    | Stabilizer      center section including hinge and screw support  structure. |
|--------|--------|------------------------------------------------------------------------------|
|   |   |                                                                         |

|   | (e)    | Support      structure in the horizontal stabilizer for the elevator hinges, reaction      links and actuators. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                            |

|   | (f)    | Elevator      internal, fixed attachment and actuator support  structure. |
|--------|--------|---------------------------------------------------------------------------|
|   |   |                                                                      |

| 5.     | Engine      Strut. |
|--------|--------------------|
|   |               |

|   | (a)    | Strut      external surface skin and doublers and stiffeners. |
|--------|--------|---------------------------------------------------------------|
|   |   |                                                          |

|   | (b)    | Internal      strut chords, frames and bulkheads. |
|--------|--------|---------------------------------------------------|
|   |   |                                              |

|   | (c)    | Strut      to wing fittings and diagonal brace. |
|--------|--------|-------------------------------------------------|
|   |   |                                            |

|   | (d) | Engine      mount support fittings attached directly to strut structure and including      the engine-mounted supportfittings. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------|

| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

----

| 6.     | Main Landing      Gear. |
|--------|-------------------------|
|   |                    |

|   | (a)    | Outer      cylinder. |
|--------|--------|----------------------|
|   |   |                 |

|   | (b)    | Inner      cylinder, including axles. |
|--------|--------|---------------------------------------|
|   |   |                                  |

|   | (c)    | Upper      and lower side struts, including spindles, universals and reaction      links. |
|--------|--------|-------------------------------------------------------------------------------------------|
|   |   |                                                                                      |

|   | (d)    | Drag      strut. |
|--------|--------|------------------|
|   |   |             |

|   | (e)    | Bell      crank. |
|--------|--------|------------------|
|   |   |             |

|   | (f)    | Orifice      support tube. |
|--------|--------|----------------------------|
|   |   |                       |

|   | (g)    | Trunnion      link. |
|--------|--------|---------------------|
|   |   |                |

|   | (h)    | Downlock      links including spindles and universals. |
|--------|--------|--------------------------------------------------------|
|   |   |                                                   |

|   | (i)    | Torsion      links. |
|--------|--------|---------------------|
|   |   |                |

|   | (j)    | Actuator      beam, support link and beam arm. |
|--------|--------|------------------------------------------------|
|   |   |                                           |

| 7.     | Nose Landing      Gear. |
|--------|-------------------------|
|   |                    |

|   | (a)    | Outer      cylinder. |
|--------|--------|----------------------|
|   |   |                 |

|   | (b)    | Inner      cylinder, including axles. |
|--------|--------|---------------------------------------|
|   |   |                                  |

|   | (c)    | Orifice      support tube. |
|--------|--------|----------------------------|
|   |   |                       |

|   | (d)    | Upper      and lower drag strut, including lock links. |
|--------|--------|--------------------------------------------------------|
|   |   |                                                   |

|   | (e)    | Steering      plates and steering collars. |
|--------|--------|--------------------------------------------|
|   |   |                                       |

|   | (f) | Torsion      links. |
|--------|-----|---------------------|

| NOTE: | The      Service Life Policy does not cover any bearings, bolts, bushings, clamps,      brackets, actuating mechanisms or latching mechanisms used in or on the      Covered Components. |
|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| P.A.      No. 3263 |                    |   |
|--------------------|-------------------------|--------|
|               | BOEING      PROPRIETARY |   |

----

| Subject: | Seller      Purchased Equipment |
|----------|---------------------------------|

| Reference: | Purchase      Agreement No. 3263 (the Purchase Agreement) between      The Boeing Company (Boeing) and China Southern Airlines Company Limited      (Customer) relating to Model 737-71B and 737-81B aircraft (the      Aircraft) |
|------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| P.A.      No. 3263Seller_Purchased_Equipment |               |    |
|----------------------------------------------|-------------------------|--------------|
|                                         | BOEING      PROPRIETARY |         |

----

| 1.  | Price. |
|----------|--------|

| 2.  | Responsibilities. |
|----------|-------------------|

|  | 2.1  | Customer      is responsible for: |
|--|-----------|-----------------------------------|

|   | (i) | selecting      and notifying Boeing of the supplier for all items identified in paragraph      1.1 of Supplemental Exhibit BFE1 of the Purchase  Agreement, |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | selecting      a FAA certifiable part; and |
|--------|------|--------------------------------------------|

|   | (iii) | providing      to Boeing the SPE part specification/Customer  requirements. |
|--------|-------|-----------------------------------------------------------------------------|

|  | 2.2.  | Boeing      is responsible for: |
|--|------------|---------------------------------|

|   | (i) | placing      and managing the purchase order with the  supplier; |
|--------|-----|------------------------------------------------------------------|

|   | (ii) | coordinating      with the suppliers on technicalissues; |
|--------|------|----------------------------------------------------------|

|   | (iii) | ensuring      that the delivered SPE complies with the part    specification: |
|--------|-------|-------------------------------------------------------------------------------|

|   | (iv) | obtaining      certification of the Aircraft with the SPE installed;  and |
|--------|------|---------------------------------------------------------------------------|

|   | (v) | obtaining      for Customer the supplier’s standard warranty for the SPE. SPE is deemed      to be BFE for purposes of Part 2 and Part 4 of Exhibit C, the Product      Assurance Document. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | BOEING      PROPRIETARY |   |
|--------|-------------------------|--------|

----

| 3.  | Supplier Selection For      SPE Galleys and Seats. |
|----------|----------------------------------------------------|

| 4.  | Changes. |
|----------|----------|

|   | BOEING      PROPRIETARY |   |
|--------|-------------------------|--------|

----

| 5.  | Proprietary      Rights. |
|----------|--------------------------|

| 6.  | Remedies. |
|----------|-----------|

|   | (i) | delay      delivery of the Aircraft; |
|--------|-----|--------------------------------------|

|   | (ii) | deliver      the Aircraft without installing theSPE: |
|--------|------|------------------------------------------------------|

|   | (iii) | substitute      a comparable part and invoice Customer for the  cost; |
|--------|-------|-----------------------------------------------------------------------|

|  | (iv)  | increase      the Aircraft Price by the amount of Boeing’s additional costs attributable      to such noncompliance. |
|--|------------|----------------------------------------------------------------------------------------------------------------------------|

| 7.  | Customer’s      Indemnification of Boeing. |
|----------|--------------------------------------------------|

|   | BOEING      PROPRIETARY |   |
|--------|-------------------------|--------|

----

| Very      truly yours,                                                                 |              |
|----------------------------------------------------------------------------------------|-------------------|
|                                                                                   |              |
| THE      BOEING COMPANY                                                                |              |
|                                                                                   |              |   |
| By                                                                                     | /s/ Art Abel      |   |
|                                                                                   |              |   |
| Its                                                                                    | Attorney-In-Fact  |   |
|                                                                                   |              |   |
| ACCEPTED      AND AGREED TO this                                                  |              |
|                                                                                   |              |
| Date:      Aug. 20th,      2007                                                        |              |
|                                                                                   |              |
| CHINA      SOUTHERN AIRLINES COMPANY LIMITED                                           |              |
|                                                                                   |              |   |
| By                                                                                     | /s/ Xu Jie Bo     |   |
|                                                                                   |              |   |
| Its                                                                                    |              |   |
|                                                                                   |              |   |
| CHINA      SOUTHERN AIRLINES (GROUP) IMPORT & EXPORT TRADING      CORPORATION |              |
|                                                                                   |              |   |
| By                                                                                     | /s/ Wang Shi Qing |   |
|                                                                                   |              |   |
| Its                                                                                    |              |   |

|   | BOEING      PROPRIETARY |   |
|--------|-------------------------|--------|

----

| Subject:  | Boeing      Purchase of Buyer FurnishedEquipment |
|----------------|--------------------------------------------------|

| Reference:  | Purchase      Agreement No. 3263 (the Purchase Agreement) between The Boeing Company      (Boeing) and China Southern Airlines Company Limited (Customer) relating      to Model 737-71B and 737-81B aircraft (the  Aircraft) |
|------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | BOEING      PROPRIETARY |   |
|--------|-------------------------|--------|

----

|   | BOEING      PROPRIETARY |   |
|--------|-------------------------|--------|

----

| Very      truly yours,                                                            |              |
|-----------------------------------------------------------------------------------|-------------------|
|                                                                              |              |
| THE      BOEING COMPANY                                                           |              |
|                                                                              |              |   |
| By                                                                                | /s/ Art Abel      |   |
|                                                                              |              |   |
| Its                                                                               | Attorney-In-Fact  |   |
|                                                                              |              |   |
| ACCEPTED      AND AGREED TO this                                             |              |
|                                                                              |              |
| Date:      Aug. 20th,      2007                                                   |              |
|                                                                              |              |
| CHINA      SOUTHERN AIRLINES COMPANY LIMITED                                      |              |
|                                                                              |              |   |
| By                                                                                | /s/ Xu Jie Bo     |   |
|                                                                              |              |   |
| Its                                                                               |              |   |
|                                                                              |              |   |
| CHINA      SOUTHERN AIRLINES (GROUP) IMPORT & EXPORT TRADING      CORPORATION |              |
|                                                                              |              |   |
| By                                                                                | /s/ Wang Shi Qing |   |
|                                                                              |              |   |
| Its                                                                               |              |   |

|   | BOEING      PROPRIETARY |   |
|--------|-------------------------|--------|

----

|   | BOEING      PROPRIETARY |   |
|--------|-------------------------|--------|

----

|   | BOEING      PROPRIETARY |   |
|--------|-------------------------|--------|

----

| Subject:  | Loading      of Software Owned by or Licensed toCustomer |
|----------------|----------------------------------------------------------|

| Reference:  | Purchase      Agreement No. 3263 (the Purchase Agreement) between The Boeing Company      (Boeing) and China Southern Airlines Company Limited (Customer) relating      to Model 737-71B and 737-81B aircraft (the  Aircraft) |
|------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | BOEING      PROPRIETARY |   |
|--------|-------------------------|--------|

----

|   | i) | Customer      and Boeing agree that the Software is BFE for the purposes of Articles      3.1.3, 3.2,3.4, 3.5, 3.10,9. 10 and 11 of Exhibit A. Buyer Furnished      Equipment Provisions Document, to the AGTA and such articles apply to the      installation of the Software. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | ii) | Customer      and Boeing further agree that the installation of the Software is a      service under Exhibit B. Customer Support Document, to the      AGTA. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | iii) | Boeing      makes no warranty as to the performance of such installation and Article      11 of Part 2 of Exhibit C of the AGTA. Disclaimer and Release; Exclusion      of Liabilities and Article 8.2, Insurance, of the AGTA apply to the      installation of the Software. |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | BOEING      PROPRIETARY |   |
|--------|-------------------------|--------|

----

| Very      truly yours,                                                            |              |
|-----------------------------------------------------------------------------------|-------------------|
|                                                                              |              |
| THE      BOEING COMPANY                                                           |              |
|                                                                              |              |   |
| By                                                                                | /s/ Art Abel      |   |
|                                                                              |              |   |
| Its                                                                               | Attorney-In-Fact  |   |
|                                                                              |              |   |
| ACCEPTED      AND AGREED TO this                                             |              |
|                                                                              |              |
| Date:      Aug. 20th,      2007                                                   |              |
|                                                                              |              |
| CHINA      SOUTHERN AIRLINES COMPANY LIMITED                                      |              |
|                                                                              |              |   |
| By                                                                                | /s/ Xu Jie Bo     |   |
|                                                                              |              |   |
| Its                                                                               |              |   |
|                                                                              |              |   |
| CHINA      SOUTHERN AIRLINES (GROUP) IMPORT & EXPORT TRADING      CORPORATION |              |
|                                                                              |              |   |
| By                                                                                | /s/ Wang Shi Qing |   |
|                                                                              |              |   |
| Its                                                                               |              |   |

|   | BOEING      PROPRIETARY |   |
|--------|-------------------------|--------|

----

| Subject:  | Aircraft      Performance Guarantees |
|----------------|--------------------------------------|

| Reference:  | Purchase      Agreement No. 3263 (the Purchase Agreement) between The Boeing Company      (Boeing) and China Southern Airlines Company Limited (Customer) relating      to Model 737-71B and 737-81B aircraft (the  Aircraft) |
|------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | BOEING      PROPRIETARY |   |
|--------|-------------------------|--------|

----

| Very      truly yours,                                                            |              |
|-----------------------------------------------------------------------------------|-------------------|
|                                                                              |              |
| THE      BOEING COMPANY                                                           |              |
|                                                                              |              |   |
| By                                                                                | /s/ Art Abel      |   |
|                                                                              |              |   |
| Its                                                                               | Attorney-In-Fact  |   |
|                                                                              |              |   |
| ACCEPTED      AND AGREED TO this                                             |              |
|                                                                              |              |
| Date:      Aug. 20th,      2007                                                   |              |
|                                                                              |              |
| CHINA      SOUTHERN AIRLINES COMPANY LIMITED                                      |              |
|                                                                              |              |   |
| By                                                                                | /s/ Xu Jie Bo     |   |
|                                                                              |              |   |
| Its                                                                               |              |   |
|                                                                              |              |   |
| CHINA      SOUTHERN AIRLINES (GROUP) IMPORT & EXPORT TRADING      CORPORATION |              |
|                                                                              |              |   |
| By                                                                                | /s/ Wang Shi Qing |   |
|                                                                              |              |   |
| Its                                                                               |              |   |

|   | BOEING      PROPRIETARY |   |
|--------|-------------------------|--------|

----

| SECTION |         | CONTENTS                               |         |   |
|---------|--------------|----------------------------------------|--------------|--------|
|    |         |                                   |         |   |
| 1       |         | AIRCRAFT      MODEL APPLICABILITY      |         |   |
|    |         |                                   |         |   |
| 2       |         | FLIGHT      PERFORMANCE                |         |   |
|    |         |                                   |         |   |
| 3       |         | MANUFACTURER’S      EMPTY WEIGHT |         |   |
|    |         |                                   |         |   |
| 4       |         | AIRCRAFT      CONFIGURATION            |         |   |
|    |         |                                   |         |   |
| 5       |         | GUARANTEE      CONDITIONS              |         |   |
|    |         |                                   |         |   |
| 6       |         | GUARANTEE      COMPLIANCE              |         |   |
|    |         |                                   |         |   |
| 7       |    | EXCLUSIVE      GUARANTEES              |    |   |

| P.A.      No. 3263   |                                    |
|----------------------|-----------------------------------------|
| AERO-B-BBA4-M07-0753 | SS07-0473      |

----

| 1      | AIRCRAFT      MODEL APPLICABILITY                                                                   |
|--------|-----------------------------------------------------------------------------------------------------|
|   |                                                                                                |
|   |                 *** |

| P.A.      No. 3263   |                                                |
|----------------------|-----------------------------------------------------|
| AERO-B-BBA4-M07-0753 |        SS07-0473      |

----

| 3 | MANUFACTURER’S      EMPTY WEIGHT |
|---|----------------------------------------|

| 4 | AIRCRAFT      CONFIGURATION |
|---|-----------------------------|

| 4.1 | The      guarantees contained in this Attachment are based on the Aircraft      configuration as defined in Detail Specification D019A001GUN37P-1 Revision      D (hereinafter referred to as the Detail Specification). Appropriate      adjustment shall be made for changes in such Detail Specification approved      by the Customer and Boeing or otherwise allowed by the Purchase Agreement      which cause changes to the flight performance and/or weight and balance of      the Aircraft. Such adjustment shall be accounted for by Boeing in its      evidence of compliance with theguarantees. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.2 | The      Manufacturer’s Empty Weight guarantee of Section 3 will be adjusted by      Boeing for the following in its evidence of compliance with the      guarantees: |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5 | GUARANTEE      CONDITIONS |
|---|---------------------------|

| 5.1 | All      guaranteed performance data are based on the International Standard      Atmosphere (ISA) and specified variations therefrom: altitudes are      pressure altitudes. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.2 | The      FAA Regulations (FAR) referred to in this Attachment are, unless otherwise      specified, the 737-700 Certification Basis regulations specified in the      Type Certificate Data Sheet A16WE, Revision 33, dated March 8,      2002. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| P.A.      No. 3263   |                                                |   |
|----------------------|-----------------------------------------------------|--------|
| AERO-B-BBA4-M07-0753 |        SS07-0473      |

----

| 5.3 | In      the event a change is made to any law, governmental regulation or      requirement, or in the interpretation of any such law, governmental      regulation or requirement that affects the certification basis for the      Aircraft as described in Paragraph 5.2, and as a result thereof, a change      is made to the configuration and/or the performance of the Aircraft in      order to obtain certification, the guarantees set forth in this Attachment      shall be appropriately modified to reflect any such  change. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.4 | The      takeoff and landing guarantees are based on hard surface, level and dry      runways with no wind or obstacles, no clearway or stopway, 225 mph tires,      with Category F brakes and anti-skid operative, and with the Aircraft      center of gravity at the most forward limit unless otherwise specified.      The takeoff performance is based on no engine bleed for air conditioning      or thermal anti-icing and the Auxiliary Power Unit (APU) turned off unless      otherwise specified. The improved climb performance procedure will be used      for takeoff as required. The landing performance is based on the use of      automatic spoilers. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.5 | The      cruise range guarantee includes allowances for normal power extraction and      engine bleed for normal operation of the air conditioning system. Normal      electrical power extraction shall be defined as not less than a 50      kilowatts total electrical load. Normal operation of the air conditioning      system shall be defined as pack switches in the “Auto” position, the      temperature control switches in the “Auto” position that results in a      nominal cabin temperature of 75°F, and all air conditioning systems      operating normally. This operation allows a maximum cabin pressure      differential of 8.35 pounds per square inch at higher altitudes, with a      nominal Aircraft cabin ventilation rate of 2.200 cubic feet per minute      including passenger cabin recirculation (nominal recirculation is 33      percent). The APU is turned off unless otherwise  specified. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.6 | The      cruise range guarantee is based on an Aircraft center of gravity location      of 22.2 percent of the mean aerodynamicchord. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------|

| 5.7 | Performance,      where applicable, is based on a fuel Lower Heating Value (LHV) of 18,580      BTU per pound. |
|-----|----------------------------------------------------------------------------------------------------------------|

| P.A.      No. 3263   |                                                |   |
|----------------------|-----------------------------------------------------|--------|
| AERO-B-BBA4-M07-0753 |        SS07-0473      |

----

| 6 | GUARANTEE      COMPLIANCE |
|---|---------------------------|

| 6.1 | Compliance      with the guarantees of Sections 2 and 3 shall be based on the conditions      specified in those sections, the Aircraft configuration of Section 4 and      the guarantee conditions of Section5. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.2 | Compliance      with the takeoff and landing guarantees shall be based on the FAA approved      Airplane Flight Manual for the Model737-700. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------|

| 6.3 | Compliance      with the cruise range guarantee shall be established by calculations based      on flight test data obtained from an aircraft in a configuration similar      to that defined by the DetailSpecification. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.4 | Compliance      with the Manufacturer’s Empty Weight guarantee shall be based on      information in the “Weight and Balance Control and Loading Manual -      Aircraft Report.” |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.5 | The      data derived from tests shall be adjusted as required by conventional      methods of correction, interpolation or extrapolation in accordance with      established engineering practices to show compliance with these      guarantees. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.6 | Compliance      shall be based on the performance of the airframe and engines in      combination, and shall not be contingent on the engine meeting its      manufacturer’s performancespecification. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7 | EXCLUSIVE      GUARANTEES |
|---|---------------------------|

| P.A.      No. 3263   |                                                |   |
|----------------------|-----------------------------------------------------|--------|
| AERO-B-BBA4-M07-0753 |        SS07-0473      |

----

| SECTION |         | CONTENTS                               |   |
|---------|--------------|----------------------------------------|--------|
|    |         |                                   |   |
| 1       |         | AIRCRAFT      MODEL APPLICABILITY      |   |
|    |         |                                   |   |
| 2       |         | FLIGHT      PERFORMANCE                |   |
|    |         |                                   |   |
| 3       |         | MANUFACTURER’S      EMPTY WEIGHT |   |
|    |         |                                   |   |
| 4       |         | AIRCRAFT      CONFIGURATION            |   |
|    |         |                                   |   |
| 5       |         | GUARANTEE      CONDITIONS              |   |
|    |         |                                   |   |
| 6       |         | GUARANTEE      COMPLIANCE              |   |
|    |         |                                   |   |
| 7       |    | EXCLUSIVE      GUARANTEES              |   |

| P.A.      No. 3263   |                                                |   |
|----------------------|-----------------------------------------------------|--------|
| AERO-B-BBA4-M07-0755 |        SS07-0473      |

----

| 1      | AIRCRAFT      MODEL APPLICABILITY                                                                                           |
|--------|-----------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                        |
|   |                     *** |

| 2      | FLIGHT      PERFORMANCE                                                     |
|--------|-----------------------------------------------------------------------------|
|   |                                                                        |
|   |             *** |

| P.A.      No. 3263   |                                                |   |
|----------------------|-----------------------------------------------------|--------|
| AERO-B-BBA4-M07-0755 |        SS07-0473      |

----

| 3 | MANUFACTURER’SEMPTY    WEIGHT |
|---|-------------------------------------|

| 4 | AIRCRAFT      CONFIGURATION |
|---|-----------------------------|

| 4.1 | The      guarantees contained in this Attachment are based on the Aircraft      configuration as defined in Detail Specification D019A001GUN38P-1 Revision      C (hereinafter referred to as the Detail Specification). Appropriate      adjustment shall be made for changes in such Detail Specification approved      by the Customer and Boeing or otherwise allowed by the Purchase Agreement      which cause changes to the flight performance and/or weight and balance of      the Aircraft. Such adjustment shall be accounted for by Boeing in its      evidence of compliance with theguarantees. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.2 | The      Manufacturer’s Empty Weight guarantee of Section 3 will be adjusted by      Boeing for the following in its evidence of compliance with the      guarantees: |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5 | GUARANTEE      CONDITIONS |
|---|---------------------------|

| 5.1 | All      guaranteed performance data are based on the International Standard      Atmosphere (ISA) and specified variations therefrom; altitudes are      pressure altitudes. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.2 | The      FAA Regulations (FAR) referred to in this Attachment are, unless otherwise      specified, the 737-800 Certification Basis regulations specified in the      Type Certificate Data Sheet A16WE, Revision 33, dated March 8,      2002. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| P.A.      No. 3263   |                                                |   |
|----------------------|-----------------------------------------------------|--------|
| AERO-B-BBA4-M07-0755 |        SS07-0473      |

----

| 5.3 | In      the event a change is made to any law, governmental regulation or      requirement, or in the interpretation of any such law, governmental      regulation or requirement that affects the certification basis for the      Aircraft as described in Paragraph 5.2, and as a result thereof, a change      is made to the configuration and/or the performance of the Aircraft in      order to obtain certification, the guarantees set forth in this Attachment      shall be appropriately modified to reflect any such  change. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.4 | The      takeoff and landing guarantees are based on hard surface, level and dry      runways with no wind or obstacles, no clearway or stopway, 225 mph tires,      with Category C brakes and anti-skid operative, and with the Aircraft      center of gravity at the most forward limit unless otherwise specified.      The takeoff performance is based on no engine bleed for air conditioning      or thermal anti-icing and the Auxiliary Power Unit (APU) turned off unless      otherwise specified. The improved climb performance procedure will be used      for takeoff as required. The landing performance is based on the use of      automatic spoilers. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.5 | The      cruise range guarantee includes allowances for normal power extraction and      engine bleed for normal operation of the air conditioning system. Normal      electrical power extraction shall be defined as not less than a 50      kilowatts total electrical load. Normal operation of the air conditioning      system shall be defined as pack switches in the “Auto” position, the      temperature control switches in the “Auto” position that results in a      nominal cabin temperature of 75°F, and all air conditioning systems      operating normally. This operation allows a maximum cabin pressure      differential of 8.35 pounds per square inch at higher altitudes, with a      nominal Aircraft cabin ventilation rate of 3,300 cubic feet per minute      including passenger cabin recirculation (nominal recirculation is 47      percent). The APU is turned off unless otherwise  specified. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.6 | The      cruise range guarantee is based on an Aircraft center of gravity location      of 26.2 percent of the mean aerodynamicchord. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------|

| 5.7 | Performance,      where applicable, is based on a fuel Lower Heating Value (LHV) of 18,580      BTU per pound. |
|-----|----------------------------------------------------------------------------------------------------------------|

| 6 | GUARANTEE      COMPLIANCE |
|---|---------------------------|

| 6.1 | Compliance      with the guarantees of Sections 2 and 3 shall be based on the conditions      specified in those sections, the Aircraft configuration of Section 4 and      the guarantee conditions of Section5. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| P.A.      No. 3263   |                                                |   |
|----------------------|-----------------------------------------------------|--------|
| AERO-B-BBA4-M07-0755 |        SS07-0473      |

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| 6.2 | Compliance      with the takeoff and landing guarantees shall be based on the FAA approved      Airplane Flight Manual for the Model737-800. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------|

| 6.3 | Compliance      with the cruise range guarantee shall be established by calculations based      on flight test dataobtained from an aircraft in a configuration similar to that      defined by the DetailSpecification. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.4 | Compliance      with the Manufacturer’s      Empty Weight guarantee shall be based on information in the “Weight and      Balance Control and Loading Manual - Aircraft  Report.” |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.5 | The      data derived from tests shall be adjusted as required by conventional      methods of correction, interpolation or      extrapolation in accordance with established engineering practices to show      compliance with these guarantees. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.6 | Compliance      shall be based on the performance of the airframe and engines in      combination, and shall not be contingent on      the engine meeting its manufacturer’s      performance specification. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7 | EXCLUSIVE      GUARANTEES |
|---|---------------------------|

| P.A.      No. 3263   |                                                |   |
|----------------------|-----------------------------------------------------|--------|
| AERO-B-BBA4-M07-0755 |        SS07-0473      |

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|   | The      Boeing Company     |
|--------|-----------------------------|
|   | P.O.      Box 3707          |
|   | Seattle,      WA 98124-2207 |

| Subject: | Shareholder      Approval |
|----------|---------------------------|

| Reference: | Purchase      Agreement No. 3263 (the Purchase Agreement) between The Boeing Company      (Boeing) and China Southern Airlines Company Limited (Customer) relating      to Model 737-71B and 737-81B aircraft (the  Aircraft) |
|------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| P.A.      No. 3263Shareholder_Approval |                    |   |
|----------------------------------------|-------------------------|--------|
|                                   | BOEING      PROPRIETARY |   |

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| Very      truly yours,                                                            |              |
|-----------------------------------------------------------------------------------|-------------------|
|                                                                              |              |
| THE      BOEING COMPANY                                                           |              |
|                                                                              |              |   |
| By                                                                                | /s/ Art Abel      |   |
|                                                                              |              |   |
| Its                                                                               | Attorney-In-Fact  |   |
|                                                                              |              |   |
| ACCEPTED      AND AGREED TO this                                             |              |
|                                                                              |              |
| Date:      Aug. 20th,      2007                                                   |              |
|                                                                              |              |
| CHINA      SOUTHERN AIRLINES COMPANY LIMITED                                      |              |
|                                                                              |              |   |
| By                                                                                | /s/ Xu Jie Bo     |   |
|                                                                              |              |   |
| Its                                                                               |              |   |
|                                                                              |              |   |
| CHINA      SOUTHERN AIRLINES (GROUP) IMPORT & EXPORT TRADING      CORPORATION |              |
|                                                                              |              |   |
| By                                                                                | /s/ Wang Shi Qing |   |
|                                                                              |              |   |
| Its                                                                               |              |   |

| P.A.      No. 3263Shareholder_Approval |                    |   |
|----------------------------------------|-------------------------|--------|
|                                   | BOEING      PROPRIETARY |   |

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|   | The      Boeing Company     |
|--------|-----------------------------|
|   | P.O.      Box 3707          |
|   | Seattle,      WA 98124-2207 |

| Subject: | Board      of Directors Approval |
|----------|----------------------------------|

| Reference: | Purchase      Agreement No. 3263 (the Purchase Agreement) between The Boeing Company      (Boeing) and China Southern Airlines Company Limited (Customer) relating      to Model 737-71B and 737-81B aircraft (the  Aircraft) |
|------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| P.A.      No. 3263Board_of_Directors_Approval |                          |   |
|-----------------------------------------------|-------------------------------|--------|
|                                          | BOEING      PROPRIETARY  |   |

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| Very      truly yours,                                                            |              |
|-----------------------------------------------------------------------------------|-------------------|
|                                                                              |              |
| THE      BOEING COMPANY                                                           |              |
|                                                                              |              |   |
| By                                                                                | /s/ Art Abel      |   |
|                                                                              |              |   |
| Its                                                                               | Attorney-In-Fact  |   |
|                                                                              |              |   |
| ACCEPTED      AND AGREED TO this                                             |              |
|                                                                              |              |
| Date:      Aug. 20th,      2007                                                   |              |
|                                                                              |              |
| CHINA      SOUTHERN AIRLINES COMPANY LIMITED                                      |              |
|                                                                              |              |   |
| By                                                                                | /s/ Xu Jie Bo     |   |
|                                                                              |              |   |
| Its                                                                               |              |   |
|                                                                              |              |   |
| CHINA      SOUTHERN AIRLINES (GROUP) IMPORT & EXPORT TRADING      CORPORATION |              |
|                                                                              |              |   |
| By                                                                                | /s/ Wang Shi Qing |   |
|                                                                              |              |   |
| Its                                                                               |              |   |

| P.A.      No. 3263Board_of_Directors_Approval |                          |   |
|-----------------------------------------------|-------------------------------|--------|
|                                          | BOEING      PROPRIETARY  |   |

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|   | The      Boeing Company     |
|--------|-----------------------------|
|   | P.O.      Box 3707          |
|   | Seattle,      WA 98124-2207 |

| Subject: | Clarifications      and Understandings |
|----------|----------------------------------------|

| Reference: | Purchase      Agreement No. 3263 (the Purchase Agreement) between The Boeing Company      (Boeing) and China Southern Airlines Company Limited (Customer) relating      to Model 737-71B and 737-81B aircraft (the  Aircraft) |
|------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Article      1. | Quantity,      Model and Description. |
|-----------------|---------------------------------------|

| P.A.      No. 3263Clarifications_and_Understandings |                          |   |
|-----------------------------------------------------|-------------------------------|--------|
|                                                | BOEING      PROPRIETARY  |   |

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| Article      4. | Payment. |
|-----------------|----------|

| Exhibit B, | Aircraft      Delivery Requirements and Responsibilities, Paragraph 1.1, Airworthiness      and Registration Documents. |
|------------|-------------------------------------------------------------------------------------------------------------------------|

| Exhibit B, | Aircraft      Delivery Requirements and Responsibilities, Paragraph 4., Delivery      Actions by Boeing. |
|------------|----------------------------------------------------------------------------------------------------------|

| P.A.      No. 3263Clarifications_and_Understandings |                          |   |
|-----------------------------------------------------|-------------------------------|--------|
|                                                | BOEING      PROPRIETARY  |   |

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| P.A.      No. 3263Clarifications_and_Understandings |                          |   |
|-----------------------------------------------------|-------------------------------|--------|
|                                                | BOEING      PROPRIETARY  |   |

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| 2. | Confidential      Treatment. |
|----|------------------------------|

| P.A.      No. 3263Clarifications_and_Understandings |                          |   |
|-----------------------------------------------------|-------------------------------|--------|
|                                                | BOEING      PROPRIETARY  |   |

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| Very      truly yours,                                                            |              |
|-----------------------------------------------------------------------------------|-------------------|
|                                                                              |              |
| THE      BOEING COMPANY                                                           |              |
|                                                                              |              |   |
| By                                                                                | /s/ Art Abel      |   |
|                                                                              |              |   |
| Its                                                                               | Attorney-In-Fact  |   |
|                                                                              |              |   |
| ACCEPTED      AND AGREED TO this                                             |              |
|                                                                              |              |
| Date:      Aug. 20th,      2007                                                   |              |
|                                                                              |              |
| CHINA      SOUTHERN AIRLINES COMPANY LIMITED                                      |              |
|                                                                              |              |   |
| By                                                                                | /s/ Xu Jie Bo     |   |
|                                                                              |              |   |
| Its                                                                               |              |   |
|                                                                              |              |   |
| CHINA      SOUTHERN AIRLINES (GROUP) IMPORT & EXPORT TRADING      CORPORATION |              |
|                                                                              |              |   |
| By                                                                                | /s/ Wang Shi Qing |   |
|                                                                              |              |   |
| Its                                                                               |              |   |

| P.A.      No. 3263Clarifications_and_Understandings |                          |   |
|-----------------------------------------------------|-------------------------------|--------|
|                                                | BOEING      PROPRIETARY  |   |

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