Document:

exv4w2

Exhibit 4.2

	Name of Company: NETQIN MOBILE INC. Number: Share(s): — [no. of shares] — Issued to: [name of shareholder] Dated Transferred from: NETQIN MOBILE INC. Number Class A Common Share(s) — [no. of shares] — Incorporated under the laws of the Cayman Islands Share capital is US$[ ] divided into (a) [ ] Class A Common Shares of a par value of US$0.0001 each and (b) [ ] Class B
 Common Shares of a par value of US$0.0001 each THIS IS TO CERTIFY THAT [name of shareholder] is the registered holder of [no. of shares] Class A Common Share(s) in the above-named Company subject to the Memorandum and Articles of Association thereof. EXECUTED on behalf of the said Company on the day of 2011 by: DIRECTOR

 

 

	TRANSFER I (the Transferor) for the value received DO HEREBY transfer to (the Transferee) the Class A Common Shares standing in my name in the undertaking called NETQIN MOBILE INC. To hold the same unto the Transferee Dated Signed by the Transferor in the presence of: Witness Transferorexv4w3

Exhibit 4.3

DEPOSIT AGREEMENT

by and among

NETQIN MOBILE INC.

as Issuer,

DEUTSCHE BANK TRUST COMPANY AMERICAS

as Depositary,

AND

THE HOLDERS AND BENEFICIAL OWNERS

OF AMERICAN DEPOSITARY SHARES EVIDENCED BY

AMERICAN DEPOSITARY RECEIPTS ISSUED HEREUNDER

Dated as of      , 2011

 

 

DEPOSIT AGREEMENT

DEPOSIT AGREEMENT, dated as of                    , 2011, by and among (i) NetQin Mobile Inc., a company
incorporated in the Cayman Islands, with its principal executive office at No. 4 Building, 11
Heping Li East Street, Dongcheng District, Beijing 100013, The People’s Republic of China and its
successors (the “Company”), (ii) Deutsche Bank Trust Company Americas, an indirect wholly owned
subsidiary of Deutsche Bank A.G., acting in its capacity as depositary, with its principal office
at 60 Wall Street, New York, NY 10005, United States of America and any successor depositary
hereunder (the “Depositary”), and (iii) all Holders and Beneficial Owners of American Depositary
Shares evidenced by American Depositary Receipts issued hereunder (all such capitalized terms as
hereinafter defined).

W I T N E S S E T H T H A T:

WHEREAS, the Company desires to establish an ADR facility with the Depositary to provide for the
deposit of the Shares and the creation of American Depositary Shares representing the Shares so
deposited; and

WHEREAS, the Depositary is willing to act as the Depositary for such ADR facility upon the terms
set forth in this Deposit Agreement; and

WHEREAS, the American Depositary Receipts evidencing the American Depositary Shares issued pursuant
to the terms of this Deposit Agreement are to be substantially in the forms of Exhibit A
and Exhibit B annexed hereto, with appropriate insertions, modifications and omissions, as
hereinafter provided in this Deposit Agreement; and

WHEREAS, the American Depositary Shares to be issued pursuant to the terms of this Deposit
Agreement are accepted for trading on the New York Stock Exchange; and

WHEREAS, the Board of Directors of the Company (or an authorized committee thereof) has duly
approved the establishment of an ADR facility upon the terms set forth in this Deposit Agreement,
the execution and delivery of this Deposit Agreement on behalf of the Company, and the actions of
the Company and the transactions contemplated herein.

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto agree as follows:

ARTICLE I.

DEFINITIONS

All capitalized terms used, but not otherwise defined, herein shall have the meanings set forth
below, unless otherwise clearly indicated:

     SECTION 1.1 “Affiliate” shall have the meaning assigned to such term by the
Commission under Regulation C promulgated under the Securities Act.

     SECTION 1.2 “Agent” shall mean such entity or entities as the Depositary may appoint
under Section 7.8 hereof, including the Custodian or any successor or addition thereto.

 

 

     SECTION 1.3 “American Depositary Share(s)” and “ADS(s)” shall mean the securities
represented by the rights and interests in the Deposited Securities granted to the Holders and
Beneficial Owners pursuant to this Deposit Agreement and evidenced by the American Depositary
Receipts issued hereunder. Each American Depositary Share shall represent the right to receive
[five] Shares, until there shall occur a distribution upon Deposited Securities referred to in
Section 4.2 hereof or a change in Deposited Securities referred to in Section 4.9 hereof with
respect to which additional American Depositary Receipts are not executed and delivered and
thereafter each American Depositary Share shall represent the Shares or Deposited Securities
specified in such Sections.

     SECTION 1.4 “Article” shall refer to an article of the American Depositary Receipts
as set forth in the Form of Face of Receipt and Form of Reverse of Receipt in Exhibit A and Exhibit
B annexed hereto.

     SECTION 1.5 “Articles of Association” shall mean the articles of association of the
Company.

     SECTION 1.6 “ADS Record Date” shall have the meaning given to such term in Section
4.7 hereof.

     SECTION 1.7 “Beneficial Owner” shall mean as to any ADS, any person or entity having
a beneficial interest in such ADS. A Beneficial Owner need not be the Holder of the ADR evidencing
such ADSs. A Beneficial Owner may exercise any rights or receive any benefits hereunder solely
through the Holder of the ADR(s) evidencing the ADSs in which such Beneficial Owner has an
interest.

     SECTION 1.8 “Business Day” shall mean each Monday, Tuesday, Wednesday, Thursday and
Friday which is not (a) a day on which banking institutions in the Borough of Manhattan, The City
of New York are authorized or obligated by law or executive order to close and (b) a day on which
the market(s) in which Receipts are traded are closed.

     SECTION 1.9 “Commission” shall mean the Securities and Exchange Commission of the
United States or any successor governmental agency in the United States.

     SECTION 1.10 “Company” shall mean NetQin Mobile Inc., a company incorporated and
existing under the laws of the Cayman Islands, and its successors.

     SECTION 1.11 “Corporate Trust Office” when used with respect to the Depositary, shall
mean the corporate trust office of the Depositary at which at any particular time its depositary
receipts business shall be administered, which, at the date of this Deposit Agreement, is located
at 60 Wall Street, New York, New York 10005, U.S.A.

     SECTION 1.12 “Custodian” shall mean, as of the date hereof, Deutsche Bank AG, Hong
Kong Branch, having its principal office at 57/F International Commerce Centre, 1 Austin Road West,
Kowloon, Hong Kong S.A.R., People’s Republic of China, as the custodian for the purposes of this
Deposit Agreement, and any other firm or corporation which may hereinafter be appointed by the
Depositary pursuant to the terms of Section 5.5 hereof as a successor or an additional custodian or
custodians hereunder, as the context shall require. The term “Custodian” shall mean all
custodians, collectively.

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     SECTION 1.13 “Deliver”, “Deliverable” and “Delivery” shall mean, when
used in respect of American Depositary Shares, Receipts, Deposited Securities and Shares, the
physical delivery of the certificate representing such security, or the electronic delivery of such
security by means of book-entry transfer (except with respect to the Shares), as appropriate,
including, without limitation, through DRS/Profile. With respect to DRS/Profile ADRs, the terms
“execute”, “issue”, “register”, “surrender”, “transfer” or
“cancel” refer to applicable entries or movements to or within DRS/Profile.

     SECTION 1.14 “Deposit Agreement” shall mean this Deposit Agreement and all exhibits
annexed hereto, as the same may from time to time be amended and supplemented in accordance with
the terms hereof.

     SECTION 1.15 “Depositary” shall mean Deutsche Bank Trust Company Americas, an
indirect wholly owned subsidiary of Deutsche Bank AG, in its capacity as depositary under the terms
of this Deposit Agreement, and any successor depositary hereunder.

     SECTION 1.16 “Deposited Securities” as of any time shall mean Shares at such time
deposited or deemed to be deposited under this Deposit Agreement and any and all other securities,
property and cash received or deemed to be received by the Depositary or the Custodian in respect
thereof and held hereunder, subject, in the case of cash, to the provisions of Section 4.6 hereof
and, in the case of collateral delivered in connection with Pre-Release Transactions, to the
provisions of Section 2.10 hereof.

     SECTION 1.17 “Dollars” and “$” shall mean the lawful currency of the United States.

     SECTION 1.18 “DRS/Profile” shall mean the system for the uncertificated registration
of ownership of securities pursuant to which ownership of ADSs is maintained on the books of the
Depositary without the issuance of a physical certificate and transfer instructions may be given to
allow for the automated transfer of ownership between the books of DTC and the Depositary.
Ownership of ADSs held in DRS/Profile are evidenced by periodic statements issued by the Depositary
to the Holders entitled thereto.

     SECTION 1.19 “DTC” shall mean The Depository Trust Company, the central book-entry
clearinghouse and settlement system for securities traded in the United States, and any successor
thereto.

     SECTION 1.20 “Exchange Act” shall mean the U.S. Securities Exchange Act of 1934, as
from time to time amended.

     SECTION 1.21 “Foreign Currency” shall mean any currency other than Dollars.

     SECTION 1.22 “Foreign Registrar” shall mean the entity, if any, that carries out the
duties of registrar for the Shares or any successor as registrar for the Shares and any other
appointed agent of the Company for the transfer and registration of Shares or, if no such agent is
so appointed and acting, the Company.

     SECTION 1.23 “Holder” shall mean the person in whose name a Receipt is registered on
the books of the Depositary (or the Registrar, if any) maintained for such purpose. A Holder may
or may not be a Beneficial Owner. A Holder shall be deemed to

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have all requisite authority to act on behalf of the Beneficial Owners of the ADRs registered
in such Holder’s name.

     SECTION 1.24 “Indemnified Person” and “Indemnifying Person” shall have the meaning
set forth in Section 5.8 hereof.

     SECTION 1.25 “Memorandum” shall mean the memorandum of association of the Company.

     SECTION 1.26 “Opinion of Counsel” shall mean a written opinion from legal counsel to
the Company who is acceptable to the Depositary.

     SECTION 1.27 “Pre-Release Transaction” shall have the meaning set forth in Section
2.10 hereof.

     SECTION 1.28 “Receipt(s); “American Depositary Receipt(s)”; and “ADR(s)” shall mean
the certificate(s) or statements issued by the Depositary evidencing the American Depositary Shares
issued under the terms of this Deposit Agreement, as such Receipts may be amended from time to time
in accordance with the provisions of this Deposit Agreement. References to Receipts shall include
physical certificated Receipts as well as ADSs issued through DRS/Profile, unless the context
otherwise requires.

     SECTION 1.29 “Registrar” shall mean the Depositary or any bank or trust company
having an office in the Borough of Manhattan, The City of New York, which shall be appointed by the
Depositary to register ownership of Receipts and transfer of Receipts as herein provided, shall
include any co-registrar appointed by the Depositary for such purposes. Registrars (other than the
Depositary) may be removed and substitutes appointed by the Depositary.

     SECTION 1.30 “Restricted ADRs” shall have the meaning set forth in Section 2.11
hereof.

     SECTION 1.31 “Restricted ADSs” shall have the meaning set forth in Section 2.11
hereof.

     SECTION 1.32 “Restricted Securities” shall mean Shares, or American Depositary Shares
representing such Shares, which (i) have been acquired directly or indirectly from the Company or
any of its Affiliates in a transaction or chain of transactions not involving any public offering
and subject to resale limitations under the Securities Act or the rules issued thereunder, (ii) are
held by an officer or director (or persons performing similar functions) or other Affiliate of the
Company or (iii) are subject to other restrictions on sale or deposit under the laws of the United
States or the Cayman Islands, under a shareholders’ agreement, shareholders’ lock-up agreement or
the Articles of Association or under the regulations of an applicable securities exchange unless,
in each case, such Shares are being sold to persons other than an Affiliate of the Company in a
transaction (x) covered by an effective resale registration statement or (y) exempt from the
registration requirements of the Securities Act (as hereafter defined) and the Shares are not, when
held by such person, Restricted Securities.

     SECTION 1.33 “Restricted Shares” shall have the meaning set forth in Section 2.11
hereof.

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     SECTION 1.34 “Securities Act” shall mean the United States Securities Act of 1933, as
from time to time amended.

     SECTION 1.35 “Shares” shall mean Class A common shares in registered form of the
Company, par value $0.0001 each, heretofore or hereafter validly issued and outstanding and fully
paid. References to Shares shall include evidence of rights to receive Shares, whether or not
stated in the particular instance; provided, however, that in no event shall Shares include
evidence of rights to receive Shares with respect to which the full purchase price has not been
paid or Shares as to which pre-emptive rights have theretofore not been validly waived or
exercised; and provided further, however, that, if there shall occur any change in par value,
split-up, consolidation, reclassification, conversion or any other event described in Section 4.9
hereof in respect of the Shares, the term “Shares” shall thereafter, to the extent permitted by
law, represent the successor securities resulting from such change in par value, split-up,
consolidation, exchange, conversion, reclassification or event.

     SECTION 1.36 “United States” or “U.S.” shall mean the United States of America.

ARTICLE II.

APPOINTMENT OF DEPOSITARY; FORM OF RECEIPT; DEPOSIT OF SHARES;

EXECUTION AND DELIVERY, TRANSFER AND SURRENDER OF RECEIPTS

     SECTION 2.1 Appointment of Depositary. The Company hereby appoints the Depositary as
exclusive depositary for the Deposited Securities and hereby authorizes and directs the Depositary
to act in accordance with the terms set forth in this Deposit Agreement. Each Holder and each
Beneficial Owner, upon acceptance of any ADSs (or any interest therein) issued in accordance with
the terms of this Deposit Agreement, shall be deemed for all purposes to (a) be a party to and
bound by the terms of this Deposit Agreement and (b) appoint the Depositary its attorney-in-fact,
with full power to delegate, to act on its behalf and to take any and all actions contemplated in
this Deposit Agreement, to adopt any and all procedures necessary to comply with applicable law and
to take such action as the Depositary in its sole discretion may deem necessary or appropriate to
carry out the purposes of this Deposit Agreement (the taking of such actions to be the conclusive
determinant of the necessity and appropriateness thereof).

     SECTION 2.2 Form and Transferability of Receipts.

(a) Form. Receipts in certificated form shall be substantially in the forms set forth in
Exhibit A and Exhibit B annexed to this Deposit Agreement, with appropriate
insertions, modifications and omissions, as hereinafter provided. Receipts may be issued in
denominations of any number of American Depositary Shares. No Receipt in certificated form shall
be entitled to any benefits under this Deposit Agreement or be valid or obligatory for any purpose,
unless such Receipt shall have been executed by the Depositary by the manual or facsimile signature
of a duly authorized signatory of the Depositary. The Depositary shall maintain books on which
each Receipt so executed and Delivered, in the case of Receipts in certificated form, and each
Receipt issued through any book-entry system, including, without limitation, DRS/Profile, in either
case as hereinafter provided, and the transfer of each such Receipt shall be registered. Receipts
in certificated form bearing the manual or facsimile signature of a duly authorized signatory of
the Depositary who was at any time a proper signatory of the Depositary shall bind the Depositary,
notwithstanding that

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such signatory has ceased to hold such office prior to the execution and Delivery of such Receipts
by the Registrar or did not hold such office on the date of issuance of such Receipts.

Notwithstanding anything in this Deposit Agreement or in the form of Receipt to the contrary, the
Depositary may, in its discretion, issue ADRs, including Restricted ADRs, in certificated form or
through any book-entry system, including, without limitation, DRS/Profile, and Holders of ADRs
shall only be entitled to receive Receipts in certificated form to the extent the Depositary has
made Receipts in certificated form available at the expense of the Company (i) in its sole
discretion, or (ii) (a) during a continuous period lasting at least 14 days during which DTC ceases
to operate as a book-entry clearing house and settlement system (other than by reason of holidays,
statutory or otherwise) or (b) if DTC announces an intention permanently to cease and subsequently
ceases business as a book-entry clearing house and settlement system and no alternative book-entry
clearing house and settlement system satisfactory to the Depositary is available within 45 days.
Holders and Beneficial Owners shall be bound by the terms and conditions of this Deposit Agreement
and of the form of Receipt, regardless of whether their Receipts are in certificated form or are
issued through any book-entry system, including, without limitation, DRS/Profile.

(b) Legends. In addition to the foregoing, the Receipts may, and upon the written request
of the Company shall, be endorsed with, or have incorporated in the text thereof, such legends or
recitals or modifications not inconsistent with the provisions of this Deposit Agreement as may be
(i) necessary to enable the Depositary and the Company to perform their respective obligations
hereunder, (ii) required to comply with any applicable laws or regulations, or with the rules and
regulations of any securities exchange or market upon which ADSs may be traded, listed or quoted,
or to conform with any usage with respect thereto, (iii) necessary to indicate any special
limitations or restrictions to which any particular ADRs or ADSs are subject by reason of the date
of issuance of the Deposited Securities or otherwise or (iv) required by any book-entry system in
which the ADSs are held. Holders and Beneficial Owners shall be deemed, for all purposes, to have
notice of, and to be bound by, the terms and conditions of the legends set forth, in the case of
Holders, on the ADR registered in the name of the applicable Holders or, in the case of Beneficial
Owners, on the ADR representing the ADSs owned by such Beneficial Owners.

(c) Title. Subject to the limitations contained herein and in the form of Receipt, title to
a Receipt (and to the ADSs evidenced thereby), when properly endorsed (in the case of certificated
Receipts) or upon delivery to the Depositary of proper instruments of transfer, shall be
transferable by delivery with the same effect as in the case of a negotiable instrument under the
laws of the State of New York; provided, however, that the Depositary, notwithstanding any notice
to the contrary, may treat the Holder thereof as the absolute owner thereof for the purpose of
determining the person entitled to distribution of dividends or other distributions or to any
notice provided for in this Deposit Agreement and for all other purposes and neither the Depositary
nor the Company will have any obligation or be subject to any liability under the Deposit Agreement
to any holder of a Receipt, unless such holder is the Holder thereof.

     SECTION 2.3 Deposits.

(a) Subject to the terms and conditions of this Deposit Agreement and applicable law, Shares or
evidence of rights to receive Shares (including Restricted Securities) may be deposited by any
person (including the Depositary in its individual capacity but subject,

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however, in the case of the Company or any Affiliate of the Company, to Section 5.7 hereof) at any
time beginning on the 181st day after the date of the prospectus contained in the registration
statement on Form F-1 under which the ADSs are first sold, whether or not the transfer books of the
Company or the Foreign Registrar, if any, are closed, by Delivery of the Shares to the Custodian.
Except for Shares deposited by the Company in connection with the initial sale of ADSs under the
registration statement on Form F-1, no deposit of Shares shall be accepted under this Deposit
Agreement prior to such date. Every deposit of Shares shall be accompanied by the following:
(A)(i) in the case of Shares issued in registered form, appropriate instruments of transfer or
endorsement, in a form satisfactory to the Custodian, (ii) in the case of Shares issued in bearer
form, such Shares or the certificates representing such Shares and (iii) in the case of Shares
Delivered by book-entry transfer, confirmation of such book-entry transfer to the Custodian or that
irrevocable instructions have been given to cause such Shares to be so transferred, (B) such
certifications and payments (including, without limitation, the Depositary’s fees and related
charges) and evidence of such payments (including, without limitation, stamping or otherwise
marking such Shares by way of receipt) as may be required by the Depositary or the Custodian in
accordance with the provisions of this Deposit Agreement, (C) if the Depositary so requires, a
written order directing the Depositary to execute and Deliver to, or upon the written order of, the
person or persons stated in such order a Receipt or Receipts for the number of American Depositary
Shares representing the Shares so deposited, (D) evidence satisfactory to the Depositary (which may
include an Opinion of Counsel reasonably satisfactory to the Depositary provided at the cost of the
person seeking to deposit Shares) that all conditions to such deposit have been met and all
necessary approvals have been granted by, and there has been compliance with the rules and
regulations of, any applicable governmental agency and (E) if the Depositary so requires, (i) an
agreement, assignment or instrument satisfactory to the Depositary or the Custodian which provides
for the prompt transfer by any person in whose name the Shares are or have been recorded to the
Custodian of any distribution, or right to subscribe for additional Shares or to receive other
property in respect of any such deposited Shares or, in lieu thereof, such indemnity or other
agreement as shall be satisfactory to the Depositary or the Custodian and (ii) if the Shares are
registered in the name of the person on whose behalf they are presented for deposit, a proxy or
proxies entitling the Custodian to exercise voting rights in respect of the Shares for any and all
purposes until the Shares so deposited are registered in the name of the Depositary, the Custodian
or any nominee. No Share shall be accepted for deposit unless accompanied by confirmation or such
additional evidence, if any is required by the Depositary, that is reasonably satisfactory to the
Depositary or the Custodian that all conditions to such deposit have been satisfied by the person
depositing such Shares under the laws and regulations of the Cayman Islands and any necessary
approval has been granted by any governmental
 body in the Cayman Islands, if any, which is then
performing the function of the regulator of currency exchange. The Depositary may issue Receipts
against evidence of rights to receive Shares from the Company, any agent of the Company or any
custodian, registrar, transfer agent, clearing agency or other entity involved in ownership or
transaction records in respect of the Shares. Without limitation of the foregoing, the Depositary
shall not knowingly accept for deposit under this Deposit Agreement any Shares or other Deposited
Securities required to be registered under the provisions of the Securities Act, unless a
registration statement is in effect as to such Shares or other Deposited Securities, or any Shares
or other Deposited Securities the deposit of which would violate any provisions of the Memorandum
and Articles of Association. The Depositary shall use commercially reasonable efforts to comply
with reasonable written instructions of the Company that the Depositary shall not accept for
deposit hereunder any Shares specifically identified in such instructions at such times and under
such circumstances as may reasonably be specified in

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such instructions in order to facilitate the Company’s compliance with the securities laws in the
United States and other jurisdictions, provided that the Company shall indemnify the Depositary and
the Custodian for any claims and losses arising from not accepting the deposit of any Shares
identified in the Company’s instructions.

(b) As soon as practicable after receipt of any permitted deposit hereunder and compliance with the
provisions of this Deposit Agreement, the Custodian shall present the Shares so deposited, together
with the appropriate instrument or instruments of transfer or endorsement, duly stamped, to the
Foreign Registrar for transfer and registration of the Shares (as soon as transfer and registration
can be accomplished and at the expense of the person for whom the deposit is made) in the name of
the Depositary, the Custodian or a nominee of either. Deposited Securities shall be held by the
Depositary or by a Custodian for the account and to the order of the Depositary or a nominee, in
each case for the account of the Holders and Beneficial Owners, at such place or places as the
Depositary or the Custodian shall determine.

(c) In the event any Shares are deposited which entitle the holders thereof to receive a per-share
distribution or other entitlement in an amount different from the Shares then on deposit, the
Depositary is authorized to take any and all actions as may be necessary (including, without
limitation, making the necessary notations on Receipts) to give effect to the issuance of such ADSs
and to ensure that such ADSs are not fungible with other ADSs issued hereunder until such time as
the entitlement of the Shares represented by such non-fungible ADSs equals that of the Shares
represented by ADSs prior to such deposit. The Company agrees to give timely written notice to the
Depositary if any Shares issued or to be issued contain rights different from those of any other
Shares theretofore issued and shall assist the Depositary with the establishment of procedures
enabling the identification of such non-fungible Shares upon Delivery to the Custodian.

     SECTION 2.4 Execution and Delivery of Receipts. After the deposit of any Shares
pursuant to Section 2.3 hereof, the Custodian shall notify the Depositary of such deposit and the
person or persons to whom or upon whose written order a Receipt or Receipts are Deliverable in
respect thereof and the number of American Depositary Shares to be evidenced thereby. Such
notification shall be made by letter, first class airmail postage prepaid, or, at the request, risk
and expense of the person making the deposit, by cable, telex, SWIFT, facsimile or electronic
transmission. After receiving such notice from the Custodian, the Depositary, subject to this
Deposit Agreement (including, without limitation, the payment of the fees, expenses, taxes and/or
other charges owing hereunder), shall issue the ADSs representing the Shares so deposited to or
upon the order of the person or persons named in the notice delivered to the Depositary and shall
execute and Deliver a Receipt registered in the name or names requested by such person or persons
evidencing in the aggregate the number of American Depositary Shares to which such person or
persons are entitled. Nothing herein shall prohibit any Pre-Release Transaction upon the terms set
forth in this Deposit Agreement.

     SECTION 2.5 Transfer of Receipts; Combination and Split-up of Receipts.

(a) Transfer. The Depositary, or, if a Registrar (other than the Depositary) for the
Receipts shall have been appointed, the Registrar, subject to the terms and conditions of this
Deposit Agreement, shall register transfers of Receipts on its books, upon surrender at the
Corporate Trust Office of the Depositary of a Receipt by the Holder thereof in person or by duly
authorized attorney, properly endorsed in the case of a certificated Receipt or

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accompanied by, or in the case of DRS/Profile Receipts receipt by the Depositary of, proper
instruments of transfer (including signature guarantees in accordance with standard industry
practice) and duly stamped as may be required by the laws of the State of New York and of the
United States and any other applicable law. Subject to the terms and conditions of this Deposit
Agreement, including payment of the applicable fees and charges of the Depositary set forth in
Section 5.9 hereof and Article (9) of Exhibit A hereto, the Depositary shall execute a new Receipt
or Receipts and Deliver the same to or upon the order of the person entitled thereto evidencing the
same aggregate number of American Depositary Shares as those evidenced by the Receipts surrendered.

(b) Combination and Split Up. The Depositary, subject to the terms and conditions of this
Deposit Agreement shall, upon surrender of a Receipt or Receipts for the purpose of effecting a
split-up or combination of such Receipt or Receipts and upon payment to the Depositary of the
applicable fees and charges set forth in Section 5.9 hereof and Article (9) of Exhibit A hereto,
execute and Deliver a new Receipt or Receipts for any authorized number of American Depositary
Shares requested, evidencing the same aggregate number of American Depositary Shares as the Receipt
or Receipts surrendered.

(c) Co-Transfer Agents. The Depositary may appoint one or more co-transfer agents for the
purpose of effecting transfers, combinations and split-ups of Receipts at designated transfer
offices on behalf of the Depositary. In carrying out its functions, a co-transfer agent may require
evidence of authority and compliance with applicable laws and other requirements by Holders or
persons entitled to such Receipts and will be entitled to protection and indemnity, in each case to
the same extent as the Depositary. Such co-transfer agents may be removed and substitutes appointed
by the Depositary. Each co-transfer agent appointed under this Section 2.5 (other than the
Depositary) shall give notice in writing to the Depositary accepting such appointment and agreeing
to be bound by the applicable terms of this Deposit Agreement.

(d) Substitution of Receipts. At the request of a Holder, the Depositary shall, for the
purpose of substituting a certificated Receipt with a Receipt issued through DRS/Profile, or vice
versa, execute and Deliver a certificated Receipt or DRS/Profile statement, as the case may be, for
any authorized number of ADSs requested, evidencing the same aggregate number of ADSs as those
evidenced by the certificated Receipt or DRS/Profile statement, as the case may be, substituted.

     SECTION 2.6 Surrender of Receipts and Withdrawal of Deposited Securities. Upon
surrender, at the Corporate Trust Office of the Depositary, of American Depositary Shares for the
purpose of withdrawal of the Deposited Securities represented thereby, and upon payment of (i) the
fees and charges of the Depositary for the making of withdrawals of Deposited Securities and
cancellation of Receipts (as set forth in Section 5.9 hereof and Article (9) of Exhibit A hereto)
and (ii) all applicable taxes and/or governmental charges payable in connection with such surrender
and withdrawal, and subject to the terms and conditions of this Deposit Agreement, the Memorandum
and Articles of Association, Section 7.10 hereof and any other provisions of or governing the
Deposited Securities and other applicable laws, the Holder of such American Depositary Shares shall
be entitled to Delivery, to him or upon his order, of the Deposited Securities at the time
represented by the American Depositary Shares so surrendered. American Depositary Shares may be
surrendered for the purpose of withdrawing Deposited Securities by Delivery of a Receipt evidencing
such American Depositary Shares (if held in certificated form) or by book-entry Delivery of such
American Depositary Shares to the Depositary.

9

 

A Receipt surrendered for such purposes shall, if so required by the Depositary, be properly
endorsed in blank or accompanied by proper instruments of transfer in blank, and if the Depositary
so requires, the Holder thereof shall execute and deliver to the Depositary a written order
directing the Depositary to cause the Deposited Securities being withdrawn to be Delivered to or
upon the written order of a person or persons designated in such order. Thereupon, the Depositary
shall direct the Custodian to Deliver (without unreasonable delay) at the designated office of the
Custodian or through a book-entry delivery of the Shares (in either case, subject to Sections 2.7,
3.1, 3.2, 5.9, hereof and to the other terms and conditions of this Deposit Agreement, to the
Memorandum and Articles of Association, to the provisions of or governing the Deposited Securities
and to applicable laws, now or hereafter in effect) to or upon the written order of the person or
persons designated in the order delivered to the Depositary as provided above, the Deposited
Securities represented by such American Depositary Shares, together with any certificate or other
proper documents of or relating to title of the Deposited Securities as may be legally required, as
the case may be, to or for the account of such person.

The Depositary may, in its discretion, refuse to accept for surrender a number of American
Depositary Shares representing a number other than a whole number of Shares. In the case of
surrender of a Receipt evidencing a number of American Depositary Shares representing other than a
whole number of Shares, the Depositary shall cause ownership of the appropriate whole number of
Shares to be Delivered in accordance with the terms hereof, and shall, at the discretion of the
Depositary, either (i) issue and Deliver to the person surrendering such Receipt a new Receipt
evidencing American Depositary Shares representing any remaining fractional Share, or (ii) sell or
cause to be sold the fractional Shares represented by the Receipt surrendered and remit the
proceeds of such sale (net of (a) applicable fees and charges of, and expenses incurred by, the
Depositary and (b) taxes and/or governmental charges) to the person surrendering the Receipt.

At the request, risk and expense of any Holder so surrendering a Receipt, and for the account of
such Holder, the Depositary shall direct the Custodian to forward (to the extent permitted by law)
any cash or other property (other than securities) held in respect of, and any certificate or
certificates and other proper documents of or relating to title to, the Deposited Securities
represented by such Receipt to the Depositary for delivery at the Corporate Trust Office of the
Depositary, and for further Delivery to such Holder. Such direction shall be given by letter or,
at the request, risk and expense of such Holder, by cable, telex or facsimile transmission. Upon
receipt by the Depositary, the Depositary may make delivery to such person or persons entitled
thereto at the Corporate Trust Office of the Depositary of any dividends or cash distributions with
respect to the Deposited Securities represented by such American Depositary Shares, or of any
proceeds of sale of any dividends, distributions or rights, which may at the time be held by the
Depositary.

     SECTION 2.7 Limitations on Execution and Delivery, Transfer, etc. of Receipts; Suspension
of Delivery, Transfer, etc.

(a) Additional Requirements. As a condition precedent to the execution and Delivery,
registration, registration of transfer, split-up, subdivision, combination or surrender of any
Receipt, the Delivery of any distribution thereon or withdrawal of any Deposited Securities, the
Depositary or the Custodian may require (i) payment from the depositor of Shares or presenter of
the Receipt of a sum sufficient to reimburse it for any tax or other governmental charge and any
stock transfer or registration fee with respect thereto (including any such tax or charge and fee
with respect to Shares being deposited or withdrawn) and payment of any

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applicable fees and charges of the Depositary as provided in Section 5.9 hereof and Article (9) of
Exhibit A hereto, (ii) the production of proof satisfactory to it as to the identity and
genuineness of any signature or any other matter contemplated by Section 3.1 hereof and (iii)
compliance with (A) any laws or governmental regulations relating to the execution and Delivery of
Receipts or American Depositary Shares or to the withdrawal or Delivery of Deposited Securities and
(B) such reasonable regulations and procedures as the Depositary may establish consistent with the
provisions of this Deposit Agreement and applicable law.

(b) Additional Limitations. The issuance of ADSs against deposits of Shares generally or
against deposits of particular Shares may be suspended, or the issuance of ADSs against the deposit
of particular Shares may be withheld, or the registration of transfer of Receipts in particular
instances may be refused, or the registration of transfers of Receipts generally may be suspended,
during any period when the transfer books of the Depositary are closed or if any such action is
deemed necessary or advisable by the Depositary or the Company, in good faith, at any time or from
time to time because of any requirement of law, any government or governmental body or commission
or any securities exchange on which the Receipts or Shares are listed, or under any provision of
this Deposit Agreement or provisions of, or governing, the Deposited Securities, or any meeting of
shareholders of the Company or for any other reason, subject, in all cases, to Section 7.10 hereof.

     SECTION 2.8 Lost Receipts, etc. To the extent the Depositary has issued Receipts in
physical certificated form, in case any Receipt shall be mutilated, destroyed, lost or stolen,
unless the Depositary has notice that such ADR has been acquired by a bona fide purchaser, subject
to Section 5.9 hereof, the Depositary shall execute and Deliver a new Receipt (which, in the
discretion of the Depositary may be issued through DRS/Profile unless specifically requested
otherwise) in exchange and substitution for such mutilated Receipt upon cancellation thereof, or in
lieu of and in substitution for such destroyed, lost or stolen Receipt. Before the Depositary
shall execute and Deliver a new Receipt in substitution for a destroyed, lost or stolen Receipt,
the Holder thereof shall have (a) filed with the Depositary (i) a request for such execution and
delivery before the Depositary has notice that the Receipt has been acquired by a bona fide
purchaser and (ii) a sufficient indemnity bond in form and amount acceptable to the Depositary and
(b) satisfied any other reasonable requirements imposed by the Depositary.

     SECTION 2.9 Cancellation and Destruction of Surrendered Receipts; Maintenance of
Records. All Receipts surrendered to the Depositary shall be cancelled by the Depositary. The
Depositary is authorized to destroy Receipts so cancelled in accordance with its customary
practices. Cancelled Receipts shall not be entitled to any benefits under this Deposit Agreement
or be valid or obligatory for any purpose.

     SECTION 2.10 Pre-Release. Subject to the further terms and provisions of this
Section 2.10, the Depositary, its Affiliates and their agents, on their own behalf, may own and
deal in any class of securities of the Company and its Affiliates and in ADSs. In its capacity as
Depositary, the Depositary shall not lend Shares or ADSs; provided, however, that the Depositary
may, unless otherwise instructed by the Company, (i) issue ADSs prior to the receipt of Shares
pursuant to Section 2.3 hereof and (ii) Deliver Shares prior to the receipt and cancellation of
ADSs which were issued under (i) above but for which Shares may not yet have been received (each
such transaction, a “Pre-Release Transaction”). The Depositary may receive ADSs in lieu of Shares
under (i) above and receive Shares in lieu of ADSs under (ii) above. Each such Pre-Release
Transaction will be (a) accompanied by or subject to a written agreement whereby the person or
entity (the “Applicant”) to whom ADSs

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or Shares are to be Delivered (1) represents that at the time of the Pre-Release Transaction
the Applicant or its customer owns the Shares or ADSs that are to be Delivered by the Applicant
under such Pre-Release Transaction, (2) agrees to indicate the Depositary as the legal owner of
such Shares or ADSs in its records and to hold such Shares or ADSs in trust for the Depositary
until such Shares or ADSs are Delivered to the Depositary or the Custodian, (3) unconditionally
guarantees to deliver to the Depositary or the Custodian, as applicable, such Shares or ADSs and
(4) agrees to any additional restrictions or requirements that the Depositary deems appropriate,
(b) at all times fully collateralized with cash, United States government securities or such other
collateral as the Depositary deems appropriate, (c) terminable by the Depositary on not more than
five Business Days’ notice (save for a prescribed termination event in which case any such
Pre-Release Transaction may be immediately terminable by the Depositary) and (d) subject to such
further indemnities and credit regulations as the Depositary deems appropriate. The Depositary
will normally limit the number of ADSs and Shares involved in such Pre-Release Transactions at any
one time to 30% of the ADSs outstanding (without giving effect to ADSs outstanding pursuant to any
Pre-Release Transaction under (i) above), provided, however, that the Depositary reserves the right
to change or disregard such limit from time to time as it deems appropriate. The Depositary may
also set limits with respect to the number of ADSs and Shares involved in Pre-Release Transactions
with any one person on a case by case basis as it deems appropriate.

The Depositary may retain for its own account any compensation received by it in conjunction with
the foregoing. Collateral provided pursuant to (b) above, but not the earnings thereon, shall be
held as security for the performance of the Applicant’s obligations in respect of the relevant
Pre-Release Transaction and shall not constitute Deposited Securities.

SECTION 2.11 Restricted ADSs. The Depositary shall, at the request and expense of the
Company, establish procedures enabling the deposit hereunder of Shares that are Restricted
Securities in order to enable the holder of such Shares to hold its ownership interests in such
restricted Shares in the form of ADSs issued under the terms hereof (such Shares, “Restricted
Shares”). Upon receipt of a written request from the Company to accept Restricted Shares for
deposit hereunder, the Depositary agrees to establish procedures permitting the deposit of such
Restricted Shares and the issuance of ADSs representing such deposited Restricted Shares (such
ADSs, the “Restricted ADSs,” and the ADRs evidencing such Restricted ADSs, the “Restricted ADRs”).
The Company shall assist the Depositary in the establishment of such procedures and agrees that it
shall take all steps necessary and reasonably satisfactory to the Depositary to insure that the
establishment of such procedures does not violate the provisions of the Securities Act or any other
applicable laws. The depositors of such Restricted Shares and the holders of the Restricted ADSs
may be required prior to the deposit of such Restricted Shares, the transfer of the Restricted ADRs
and the Restricted ADSs evidenced thereby or the withdrawal of the Restricted Shares represented by
Restricted ADSs to provide such written certifications or agreements as the Depositary or the
Company may require. The Company shall provide to the Depositary in writing the legend(s) to be
affixed to the Restricted ADRs, which legends shall (i) be in a form reasonably satisfactory to the
Depositary and (ii) contain the specific circumstances under which the Restricted ADRs and the
Restricted ADSs represented thereby may be transferred or the Restricted Shares withdrawn. The
Restricted ADSs issued upon the deposit of Restricted Shares shall be separately identified on the
books of the Depositary and the Restricted Shares so deposited shall be held separate and distinct
from the other Deposited Securities held hereunder. The Restricted Shares and the Restricted ADSs
shall not be eligible for Pre-

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Release Transactions. The Restricted ADSs shall not be eligible for inclusion in any book-entry
settlement system, including, without limitation, DTC, and shall not in any way be fungible with
the ADSs issued under the terms hereof that are not Restricted ADSs. The Restricted ADRs and the
Restricted ADSs evidenced thereby shall be transferable only by the Holder thereof upon delivery to
the Depositary of (i) all documentation otherwise contemplated by this Deposit Agreement and (ii)
an Opinion of Counsel reasonably satisfactory to the Depositary setting forth, inter alia, the
conditions upon which the Restricted ADR presented is, and the Restricted ADSs evidenced thereby
are, transferable by the Holder thereof under applicable securities laws and the transfer
restrictions contained in the legend set forth on the Restricted ADR presented for transfer. Except
as set forth in this Section 2.11 and except as required by applicable law, the Restricted ADRs and
the Restricted ADSs evidenced thereby shall be treated as ADRs and ADSs issued and outstanding
under the terms of the Deposit Agreement. In the event that, in determining the rights and
obligations of parties hereto with respect to any Restricted ADSs, any conflict arises between (a)
the terms of this Deposit Agreement (other than this Section 2.11) and (b) the terms of (i) this
Section 2.11 or (ii) the applicable Restricted ADR, the terms and conditions set forth in this
Section 2.11 and of the Restricted ADR shall be controlling and shall govern the rights
and
obligations of the parties to this Deposit Agreement pertaining to the deposited Restricted Shares,
the Restricted ADSs and Restricted ADRs.

If any of the Restricted ADRs, the Restricted ADSs and the Restricted Shares are no longer
Restricted Securities, the Depositary, upon receipt of (x) an Opinion of Counsel reasonably
satisfactory to the Depositary setting forth, inter alia, that such Restricted ADRs, Restricted
ADSs and Restricted Shares are not as of such time Restricted Securities, and (y) instructions from
the Company to remove the restrictions applicable to such Restricted ADRs, Restricted ADSs and the
Restricted Shares, shall (i) eliminate the distinctions and separations between such Restricted
Shares held on deposit under this Section 2.11 and the other Shares held on deposit under the terms
of the Deposit Agreement that are not Restricted Shares, (ii) treat such newly unrestricted ADRs
and ADSs on the same terms as, and fully fungible with, the other ADRs and ADSs issued and
outstanding under the terms of the Deposit Agreement that are not Restricted ADRs or Restricted
ADSs, (iii) take all actions necessary to remove any distinctions, limitations and restrictions
previously existing under this Section 2.11 between such Restricted ADRs and Restricted ADSs,
respectively, on the one hand, and the other ADRs and ADSs that are not Restricted ADRs or
Restricted ADSs, respectively, on the other hand, including, without limitation, by making the
newly unrestricted ADSs eligible for Pre-Release Transactions and for inclusion in the applicable
book-entry settlement systems.

SECTION 2.12 Maintenance of Records. The Depositary agrees to maintain records of all
Receipts surrendered and Deposited Securities withdrawn under Section 2.6, substitute Receipts
Delivered under Section 2.8 and cancelled or destroyed Receipts under Section 2.9, in keeping with
the procedures ordinarily followed by stock transfer agents located in the United States.

ARTICLE III.

CERTAIN OBLIGATIONS OF HOLDERS

AND BENEFICIAL OWNERS OF RECEIPTS

     SECTION 3.1 Proofs, Certificates and Other Information. Any depositor presenting
Shares for deposit and any Holder and any Beneficial Owner may be required, and every Holder and
Beneficial Owner agrees, from time to time to provide to the Depositary or the

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Custodian such proof of citizenship or residence, taxpayer status, payment of all applicable
taxes or other governmental charges, exchange control approval, legal or beneficial ownership of
ADSs and Deposited Securities, compliance with applicable laws and the terms of this Deposit
Agreement and the provisions of, or governing, the Deposited Securities or other information; to
execute such certifications and to make such representations and warranties, and to provide such
other information and documentation as the Depositary may deem necessary or proper or as the
Company may reasonably require by written request to the Depositary consistent with its obligations
hereunder. The Depositary and the Registrar, as applicable, may, and at the request of the Company
shall, withhold the execution or Delivery or registration of transfer of any Receipt or the
distribution or sale of any dividend or distribution of rights or of the proceeds thereof, or to
the extent not limited by the terms of Section 7.10 hereof, the Delivery of any Deposited
Securities, until such proof or other information is filed or such certifications are executed, or
such representations and warranties are made, or such other documentation or information provided,
in each case to the Depositary’s and the Company’s satisfaction. The Depositary shall from time to
time on written request advise the Company of the availability of any such proofs, certificates or
other information and shall, at the Company’s sole expense, provide or otherwise make available
copies thereof to the Company upon written request therefor by the Company, unless such disclosure
is prohibited by law. Each Holder and Beneficial Owner agrees to provide any information requested
by the Company or the Depositary pursuant to this Section 3.1. Nothing herein shall obligate the
Depositary to (i) obtain any information for the Company if not provided by the Holders or
Beneficial Owners or (ii) verify or vouch for the accuracy of the information so provided by the
Holders or Beneficial Owners.

     SECTION 3.2 Liability for Taxes and Other Charges. If any present or future tax or
other governmental charge shall become payable by the Depositary or the Custodian with respect to
any ADR or any Deposited Securities or American Depositary Shares, such tax or other governmental
charge shall be payable by the Holders and Beneficial Owners to the Depositary and such Holders and
Beneficial Owners shall be deemed liable therefor. The Company, the Custodian and/or the
Depositary may withhold or deduct from any distributions made in respect of Deposited Securities
and may sell for the account of a Holder and/or Beneficial Owner any or all of the Deposited
Securities and apply such distributions and sale proceeds in payment of such taxes (including
applicable interest and penalties) and charges, with the Holder and the Beneficial Owner remaining
fully liable for any deficiency. In addition to any other remedies available to it, the Depositary
and the Custodian may refuse the deposit of Shares, and the Depositary may refuse to issue ADSs, to
Deliver ADRs, register the transfer, split-up or combination of ADRs and (subject to Section 7.10
hereof) the withdrawal of Deposited Securities, until payment in full of such tax, charge, penalty
or interest is received. Every Holder and Beneficial Owner agrees to indemnify the Depositary, the
Company, the Custodian, and each of their respective agents, officers, directors, employees and
Affiliates for, and to hold each of them harmless from, any claims with respect to taxes (including
applicable interest and penalties thereon) arising from any tax benefit obtained for such Holder
and/or Beneficial Owner. The obligations of Holders and Beneficial Owners of Receipts under this
Section 3.2 shall survive any transfer of Receipts, any surrender of Receipts and withdrawal of
Deposited Securities, or the termination of this Deposit Agreement.

     SECTION 3.3 Representations and Warranties on Deposit of Shares. Each person
presenting Shares for deposit under this Deposit Agreement shall be deemed thereby to represent and
warrant that (i) such Shares and the certificates therefor are duly authorized,

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validly issued, fully paid, non-assessable and were legally obtained by such person, (ii) all
preemptive (and similar) rights, if any, with respect to such Shares have been validly waived or
exercised, (iii) the person making such deposit is duly authorized so to do, (iv) the Shares
presented for deposit are free and clear of any lien, encumbrance, security interest, charge,
mortgage or adverse claim and are not, and the American Depositary Shares issuable upon such
deposit will not be, Restricted Securities (except as contemplated by Section 2.11), (v) the Shares
presented for deposit have not been stripped of any rights or entitlements and (vi) the Shares are
not subject to any lock-up agreement with the Company or other party, or the Shares are subject to
a lock-up agreement but such lock-up agreement has terminated or the lock-up restrictions imposed
thereunder have expired. Such representations and warranties shall survive the deposit and
withdrawal of Shares, the issuance and cancellation of American Depositary Shares in respect
thereof and the transfer of such American Depositary Shares. If any such representations or
warranties are false in any way, the Company and the Depositary shall be authorized, at the cost
and expense of the person depositing Shares, to take any and all actions necessary to correct the
consequences thereof.

     SECTION 3.4 Compliance with Information Requests. Notwithstanding any other
provision of this Deposit Agreement, the Articles of Association and applicable law, each Holder
and Beneficial Owner agrees to (a) provide such information as the Company or the Depositary may
request pursuant to law (including, without limitation, relevant Cayman Islands law, any
applicable law of the United States, the Memorandum and Articles of Association, any resolutions of
the Company’s Board of Directors adopted pursuant to the Memorandum and Articles of Association,
the requirements of any markets or exchanges upon which the Shares, ADSs or Receipts are listed or
traded, or to any requirements of any electronic book-entry system by which the ADSs or Receipts
may be transferred), and (b) be bound by and subject to applicable provisions of the laws of the
Cayman Islands, the Memorandum and Articles of Association and the requirements of any markets or
exchanges upon which the ADSs, Receipts or Shares are listed or traded, or pursuant to any
requirements of any electronic book-entry system by which the ADSs, Receipts or Shares may be
transferred, to the same extent as if such Holder and Beneficial Owner held Shares directly, in
each case irrespective of whether or not they are Holders or Beneficial Owners at the time such
request is made. The Depositary agrees to use its reasonable efforts to forward upon the request of
the Company, and at the Company’s expense, any such request from the Company to the Holders and to
forward to the Company any such responses to such requests received by the Depositary.

ARTICLE IV.

THE DEPOSITED SECURITIES

     SECTION 4.1 Cash Distributions. Whenever the Depositary receives confirmation from
the Custodian of receipt of any cash dividend or other cash distribution on any Deposited
Securities, or receives proceeds from the sale of any Shares, rights, securities or other
entitlements under the terms hereof, the Depositary will, if at the time of receipt thereof any
amounts received in a foreign currency can in the judgment of the Depositary (pursuant to Section 4.6 hereof) be converted on a practicable
basis into Dollars transferable to the United States, promptly convert or cause to be converted
such cash dividend, distribution or proceeds into Dollars (on the terms described in Section 4.6
hereof) and will distribute promptly the amount thus received (net of (a) the applicable fees and
charges of, and expenses incurred by, the Depositary and (b) taxes and/or governmental charges) to
the

15

 

Holders of record as of the ADS Record Date in proportion to the number of American Depositary
Shares held by such Holders respectively as of the ADS Record Date. The Depositary shall
distribute only such amount, however, as can be distributed without attributing to any Holder a
fraction of one cent. Any such fractional amounts shall be rounded to the nearest whole cent and
so distributed to Holders entitled thereto. Holders and Beneficial Owners understand that in
converting Foreign Currency, amounts received on conversion are calculated at a rate which exceeds
three or four decimal places (the number of decimal places used by the Depositary to report
distribution rates). The excess amount may be retained by the Depositary as an additional cost of
conversion, irrespective of any other fees and expenses payable or owing hereunder and shall not be
subject to escheatment. If the Company, the Custodian or the Depositary is required to withhold
and does withhold from any cash dividend or other cash distribution in respect of any Deposited
Securities an amount on account of taxes, duties or other governmental charges, the amount
distributed to Holders on the ADSs representing such Deposited Securities shall be reduced
accordingly. Such withheld amounts shall be forwarded by the Company, the Custodian or the
Depositary to the relevant governmental authority. Evidence of payment thereof by the Company
shall be forwarded by the Company to the Depositary upon request. The Depositary shall forward to
the Company or its agent such information from its records as the Company may reasonably request to
enable the Company or its agent to file necessary reports with governmental agencies, such reports
necessary to obtain benefits under the applicable tax treaties for the Holders and Beneficial
Owners of Receipts.

     SECTION 4.2 Distribution in Shares. If any distribution upon any Deposited
Securities consists of a dividend in, or free distribution of, Shares, the Company shall cause such
Shares to be deposited with the Custodian and registered, as the case may be, in the name of the
Depositary, the Custodian or any of their nominees. Upon receipt of confirmation of such deposit
from the Custodian, the Depositary shall establish the ADS Record Date upon the terms described in
Section 4.7 hereof and shall, subject to Section 5.9 hereof, either (i) distribute to the Holders
as of the ADS Record Date in proportion to the number of ADSs held as of the ADS Record Date,
additional ADSs, which represent in the aggregate the number of Shares received as such dividend,
or free distribution, subject to the other terms of this Deposit Agreement (including, without
limitation, (a) the applicable fees and charges of, and expenses incurred by, the Depositary and
(b) taxes and/or governmental charges), or (ii) if additional ADSs are not so distributed, each ADS
issued and outstanding after the ADS Record Date shall, to the extent permissible by law,
thenceforth also represent rights and interests in the additional Shares distributed upon the
Deposited Securities represented thereby (net of (a) the applicable fees and charges of, and
expenses incurred by, the Depositary and (b) taxes and/or governmental charges). In lieu of
Delivering fractional ADSs, the Depositary shall sell the number of Shares represented by the
aggregate of such fractions and distribute the proceeds upon the terms described in Section 4.1 hereof. The Depositary may withhold any such distribution of Receipts
if it has not received satisfactory assurances from the Company (including an Opinion of Counsel
furnished at the expense of the Company) that such distribution does not require registration under
the Securities Act or is exempt from registration under the provisions of the Securities Act. To
the extent such distribution may be withheld, the Depositary may dispose of all or a portion of
such distribution in such amounts and in such manner, including by public or private sale, as the
Depositary deems necessary and practicable, and the Depositary shall distribute the net proceeds of
any such sale (after deduction of applicable taxes and/or governmental charges and fees and charges
of, and expenses incurred by, the Depositary) to Holders entitled thereto upon the terms described
in Section 4.1 hereof.

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     SECTION 4.3 Elective Distributions in Cash or Shares. Whenever the Company intends
to distribute a dividend payable at the election of the holders of Shares in cash or in additional
Shares, the Company shall give notice thereof to the Depositary at least 30 days prior to the
proposed distribution stating whether or not it wishes such elective distribution to be made
available to Holders of ADSs. Upon receipt of notice indicating that the Company wishes such
elective distribution to be made available to Holders of ADSs, the Depositary shall consult with
the Company to determine, and the Company shall assist the Depositary in its determination, whether
it is lawful and reasonably practicable to make such elective distribution available to the Holders
of ADSs. The Depositary shall make such elective distribution available to Holders only if (i) the
Company shall have timely requested that the elective distribution is available to Holders of ADRs,
(ii) the Depositary shall have determined that such distribution is reasonably practicable and
(iii) the Depositary shall have received satisfactory documentation within the terms of Section 5.7
hereof. If the above conditions are not satisfied, the Depositary shall, to the extent permitted
by law, distribute to the Holders, on the basis of the same determination as is made in the local
market in respect of the Shares for which no election is made, either cash upon the terms described
in Section 4.1 hereof or additional ADSs representing such additional Shares upon the terms
described in Section 4.2 hereof. If the above conditions are satisfied, the Depositary shall
establish an ADS Record Date (on the terms described in Section 4.7 hereof) and establish
procedures to enable Holders to elect the receipt of the proposed dividend in cash or in additional
ADSs. The Company shall assist the Depositary in establishing such procedures to the extent
necessary. Subject to Section 5.9 hereof, if a Holder elects to receive the proposed dividend in
cash, the dividend shall be distributed upon the terms described in Section 4.1 hereof or in ADSs,
the dividend shall be distributed upon the terms described in Section 4.2 hereof. Nothing herein
shall obligate the Depositary to make available to Holders a method to receive the elective
dividend in Shares (rather than ADSs). There can be no assurance that Holders generally, or any
Holder in particular, will be given the opportunity to receive elective distributions on the same
terms and conditions as the holders of Shares.

     SECTION 4.4 Distribution of Rights to Purchase Shares.

(a) Distribution to ADS Holders. Whenever the Company intends to distribute to the holders
of the Deposited Securities rights to subscribe for additional Shares, the Company shall give notice thereof to the Depositary at least 60 days prior to the proposed
distribution stating whether or not it wishes such rights to be made available to Holders of ADSs.
Upon receipt of a notice indicating that the Company wishes such rights to be made available to
Holders of ADSs, the Depositary shall consult with the Company to determine, and the Company shall
determine, whether it is lawful and reasonably practicable to make such rights available to the
Holders. The Depositary shall make such rights available to Holders only if (i) the Company shall
have timely requested that such rights be made available to Holders, (ii) the Depositary shall have
received satisfactory documentation within the terms of Section 5.7 hereof and (iii) the Depositary
shall have determined that such distribution of rights is lawful and reasonably practicable. In
the event any of the conditions set forth above are not satisfied, the Depositary shall proceed
with the sale of the rights as contemplated in Section 4.4(b) below or, if timing or market
conditions may not permit, do nothing thereby allowing such rights to lapse. In the event all
conditions set forth above are satisfied, the Depositary shall establish an ADS Record Date (upon
the terms described in Section 4.7 hereof) and establish procedures to distribute such rights (by
means of warrants or otherwise) and to enable the Holders to exercise the rights (upon payment of
applicable fees and charges of, and expenses incurred by, the Depositary and taxes and/or other
governmental charges).

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Nothing herein shall obligate the Depositary to make available to the
Holders a method to exercise such rights to subscribe for Shares (rather than ADSs).

(b) Sale of Rights. If (i) the Company does not timely request the Depositary to make the
rights available to Holders or requests that the rights not be made available to Holders, (ii) the
Depositary fails to receive satisfactory documentation within the terms of Section 5.7 hereof or
determines it is not lawful or reasonably practicable to make the rights available to Holders or
(iii) any rights made available are not exercised and appear to be about to lapse, the Depositary
shall determine whether it is lawful and reasonably practicable to sell such rights, in a riskless
principal capacity or otherwise, at such place and upon such terms (including public or private
sale) as it may deem proper. The Company shall assist the Depositary to the extent necessary to
determine such legality and practicability. The Depositary shall, upon such sale, convert and
distribute proceeds of such sale (net of applicable fees and charges of, and expenses incurred by,
the Depositary and taxes and/or governmental charges) upon the terms set forth in Section 4.1
hereof.

(c) Lapse of Rights. If the Depositary is unable to make any rights available to Holders
upon the terms described in Section 4.4(a) hereof or to arrange for the sale of the rights upon the
terms described in Section 4.4(b) hereof, the Depositary shall allow such rights to lapse.

The Depositary shall not be responsible for (i) any failure to determine that it may be lawful or
practicable to make such rights available to Holders in general or any Holders in particular, (ii)
any foreign exchange exposure or loss incurred in connection with such sale or exercise or (iii)
the content of any materials forwarded to the Holders on behalf of the Company in connection with
the rights distribution.

Notwithstanding anything to the contrary in this Section 4.4, if registration (under the Securities
Act or any other applicable law) of the rights or the securities to which any rights relate may be
required in order for the Company to offer such rights or such securities to Holders and to sell
the securities represented by such rights, the Depositary will not distribute such rights to the
Holders (i) unless and until a registration statement under the Securities Act covering such
offering is in effect or (ii) unless the Company furnishes at its expense the Depositary with
opinion(s) of counsel for the Company in the United States and counsel to the Company in any other
applicable country in which rights would be distributed, in each case satisfactory to the
Depositary, to the effect that the offering and sale of such securities to Holders and Beneficial
Owners are exempt from, or do not require registration under, the provisions of the Securities Act
or any other applicable laws. In the event that the Company, the Depositary or the Custodian shall
be required to withhold and does withhold from any distribution of property (including rights) an
amount on account of taxes and/or other governmental charges, the amount distributed to the Holders
shall be reduced accordingly. In the event that the Depositary determines that any distribution in
property (including Shares and rights to subscribe therefor) is subject to any tax or other
governmental charges which the Depositary is obligated to withhold, the Depositary may dispose of
all or a portion of such property (including Shares and rights to subscribe therefor) in such
amounts and in such manner, including by public or private sale, as the Depositary deems necessary
and practicable to pay any such taxes and/or charges.

There can be no assurance that Holders generally, or any Holder in particular, will be given the
opportunity to exercise rights on the same terms and conditions as the holders of Shares or be able
to exercise such rights. Nothing herein shall obligate the Company to file any registration
statement in respect of any rights or Shares or other securities to be acquired

18

 

upon the exercise
of such rights or otherwise to register or qualify the offer or sale of such rights or securities
under the applicable law of any other jurisdiction for any purpose.

     SECTION 4.5 Distributions Other Than Cash, Shares or Rights to Purchase Shares.

(a) Whenever the Company intends to distribute to the holders of Deposited Securities property
other than cash, Shares or rights to purchase additional Shares, the Company shall give notice
thereof to the Depositary at least 30 days prior to the proposed distribution and shall indicate
whether or not it wishes such distribution to be made to Holders of ADSs. Upon receipt of a notice
indicating that the Company wishes such distribution be made to Holders of ADSs, the Depositary
shall determine whether such distribution to Holders is lawful and practicable. The Depositary
shall not make such distribution unless (i) the Company shall have timely requested the Depositary
to make such distribution to Holders, (ii) the Depositary shall have received satisfactory
documentation within the terms of Section 5.7 hereof and (iii) the Depositary shall have determined
that such distribution is reasonably practicable.

(b) Upon receipt of satisfactory documentation and the request of the Company to distribute
property to Holders of ADSs and after making the requisite determinations set forth in (a) above, the Depositary may distribute the property so received to the Holders of record
as of the ADS Record Date, in proportion to the number of ADSs held by such Holders respectively
and in such manner as the Depositary may deem practicable for accomplishing such distribution (i)
upon receipt of payment or net of the applicable fees and charges of, and expenses incurred by, the
Depositary and (ii) net of any taxes and/or other governmental charges. The Depositary may dispose
of all or a portion of the property so distributed and deposited, in such amounts and in such
manner (including public or private sale) as the Depositary may deem practicable or necessary to
satisfy any taxes (including applicable interest and penalties) and other governmental charges
applicable to the distribution.

(c) If (i) the Company does not request the Depositary to make such distribution to Holders or
requests not to make such distribution to Holders, (ii) the Depositary does not receive
satisfactory documentation within the terms of Section 5.7 hereof or (iii) the Depositary
determines that all or a portion of such distribution is not reasonably practicable or feasible,
the Depositary shall endeavor to sell or cause such property to be sold in a public or private
sale, at such place or places and upon such terms as it may deem proper and shall distribute the
net proceeds, if any, of such sale received by the Depositary (net of applicable fees and charges
of, and expenses incurred by, the Depositary and taxes and/or governmental charges) to the Holders
as of the ADS Record Date upon the terms of Section 4.1 hereof. If the Depositary is unable to
sell such property, the Depositary may dispose of such property in any way it deems reasonably
practicable under the circumstances for nominal or no consideration and Holders and Beneficial
Owners shall have no rights thereto or arising therefrom.

     SECTION 4.6 Conversion of Foreign Currency. Whenever the Depositary or the Custodian
shall receive Foreign Currency, by way of dividends or other distributions or the net proceeds from
the sale of securities, property or rights, and in the judgment of the Depositary such Foreign
Currency can at such time be converted on a practicable basis (by sale or in any other manner that
it may determine in accordance with applicable law) into Dollars transferable to the United States
and distributable to the Holders entitled thereto, the Depositary shall convert or cause to be
converted, by sale or in any other manner that it may determine, such Foreign Currency into
Dollars, and shall distribute such Dollars (net of any

19

 

fees, expenses, taxes and/or other
governmental charges incurred in the process of such conversion) in accordance with the terms of
the applicable sections of this Deposit Agreement. If the Depositary shall have distributed
warrants or other instruments that entitle the holders thereof to such Dollars, the Depositary
shall distribute such Dollars to the holders of such warrants and/or instruments upon surrender
thereof for cancellation, in either case without liability for interest thereon. Such distribution
may be made upon an averaged or other practicable basis without regard to any distinctions among
Holders on account of exchange restrictions, the date of delivery of any Receipt or otherwise.

In converting Foreign Currency, amounts received on conversion may be calculated at a rate which
exceeds the number of decimal places used by the Depositary to report distribution rates (which in
any case will not be less than two decimal places). Any excess amount may be retained by the
Depositary as an additional cost of conversion, irrespective of any other fees and expenses payable or owing hereunder and shall not be subject to
escheatment.

If such conversion or distribution can be effected only with the approval or license of any
government or agency thereof, the Depositary may file such application for approval or license, if
any, as it may deem necessary, practicable and at nominal cost and expense. Nothing herein shall
obligate the Depositary to file or cause to be filed, or to seek effectiveness of any such
application or license.

If at any time the Depositary shall determine that in its judgment the conversion of any Foreign
Currency and the transfer and distribution of proceeds of such conversion received by the
Depositary is not practical or lawful, or if any approval or license of any governmental authority
or agency thereof that is required for such conversion, transfer and distribution is denied, or not
obtainable at a reasonable cost, within a reasonable period or otherwise sought, the Depositary
shall, in its sole discretion but subject to applicable laws and regulations, either (i) distribute
the Foreign Currency (or an appropriate document evidencing the right to receive such Foreign
Currency) received by the Depositary to the Holders entitled to receive such Foreign Currency or
(ii) hold such Foreign Currency uninvested and without liability for interest thereon for the
respective accounts of the Holders entitled to receive the same.

     SECTION 4.7 Fixing of Record Date. Whenever necessary in connection with any
distribution (whether in cash, Shares, rights, or other distribution), or whenever for any reason
the Depositary causes a change in the number of Shares that are represented by each American
Depositary Share, or whenever the Depositary shall receive notice of any meeting of or solicitation
of holders of Shares or other Deposited Securities, or whenever the Depositary shall find it
necessary or convenient, the Depositary shall fix a record date (the “ADS Record Date”), as close
as practicable to the record date fixed by the Company with respect to the Shares, for the
determination of the Holders who shall be entitled to receive such distribution, to give
instructions to the Depositary for the exercise of voting rights at any such meeting, to give or
withhold such consent, to receive such notice or solicitation or to otherwise take action or to
exercise the rights of Holders with respect to such changed number of Shares represented by each
American Depositary Share. Subject to applicable law and the provisions of Sections 4.1 through
4.6 hereof and to the other terms and conditions of this Deposit Agreement, only the Holders of
record at the close of business in New York on such ADS Record Date shall be entitled to receive
such distribution, to give such voting instructions, to receive such notice or solicitation, or
otherwise take action.

     SECTION 4.8 Voting of Deposited Securities. Subject to the next sentence, as soon as
practicable after receipt of notice of any meeting at which the holders of Shares or other

20

 

Deposited Securities are entitled to vote, or of solicitation of consents or proxies from holders
of Shares or other Deposited Securities, the Depositary shall fix the ADS Record Date in respect of
such meeting or solicitation of consent or proxy. The Depositary shall, if requested by the Company
in writing in a timely manner (the Depositary having no obligation to take any further action if
the request shall not have been received by the Depositary at least 30 Business Days prior to the
date of such vote or meeting) and at the Company’s expense, and provided no U.S. legal prohibitions exist, mail
by regular, ordinary mail delivery, or by electronic transmission, or otherwise distribute as soon
as practicable after receipt thereof to Holders as of the ADS Record Date: (a) such notice of
meeting or solicitation of consent or proxy; (b) a statement that the Holders at the close of
business on the ADS Record Date will be entitled, subject to any applicable law, the Memorandum and
Articles of Association and the provisions of or governing the Deposited Securities (which
provisions, if any, shall be summarized in pertinent part by the Company), to instruct the
Depositary as to the exercise of the voting rights, if any, pertaining to the Shares or other
Deposited Securities represented by such Holder’s American Depositary Shares; and (c) a brief
statement as to the manner in which such instructions may be given to the Depositary or in which
voting instructions may be deemed to have been given in accordance with this Section 4.8, including
an express indication that instructions may be given (or be deemed to have been given in accordance
with the immediately following paragraph of this section if no instruction is received) to the
Depositary to give a discretionary proxy to a person or persons designated by the Company. Voting
instructions may be given only in respect of a number of American Depositary Shares representing an
integral number of Shares or other Deposited Securities. Upon the timely receipt from a Holder of
American Depositary Shares on the ADS Record Date of written voting instructions in the manner
specified by the Depositary, the Depositary shall endeavor, insofar as practicable and permitted
under applicable law, the provisions of this Deposit Agreement, the Memorandum and Articles of
Association and the provisions of or governing the Deposited Securities, to vote or cause the
Custodian to vote the Shares and/or other Deposited Securities (in person or by proxy) represented
by American Depositary Shares evidenced by such Receipt in accordance with such voting
instructions.

In the event that (i) the Depositary timely receives voting instructions from a Holder which fail
to specify the manner in which the Depositary is to vote the Deposited Securities represented by
such Holder’s ADSs or (ii) no timely instructions are received by the Depositary from a Holder with
respect to any of the Deposited Securities represented by the ADSs held by such Holder on the ADS
Record Date, the Depositary shall (unless otherwise specified in the notice distributed to Holders)
deem such Holder to have instructed the Depositary to give a discretionary proxy to a person
designated by the Company with respect to such Deposited Securities and the Depositary shall give a
discretionary proxy to a person designated by the Company to vote such Deposited Securities,
provided, however, that no such instruction shall be deemed to have been given and no such
discretionary proxy shall be given with respect to any matter as to which the Company informs the
Depositary (and the Company agrees to provide such information as promptly as practicable in
writing, if applicable) that (x) the Company does not wish to give such proxy, (y) the Company is
aware or should reasonably be aware that substantial opposition exists from Holders against the
outcome for which the person designated by the Company would otherwise vote or (z) the outcome for
which the person designated by the Company would otherwise vote would materially and adversely
affect the rights of holders of Shares, provided, further, that the Company will have no liability
to any Holder or Beneficial Owner resulting from such notification.

21

 

In the event that voting on any resolution or matter is conducted on a show of hands basis in
accordance with the Memorandum and Articles of Association, the Depositary will refrain from voting
and the voting instructions (or the deemed voting instructions, as set out above) received by the
Depositary from Holders shall lapse. The Depositary will have no obligation to demand voting on a
poll basis with respect to any resolution and shall have no liability to any Holder or Beneficial
Owner for not having demanded voting on a poll basis.

Neither the Depositary nor the Custodian shall, under any circumstances exercise any discretion as
to voting, and neither the Depositary nor the Custodian shall vote, attempt to exercise the right
to vote, or in any way make use of for purposes of establishing a quorum or otherwise, the Shares
or other Deposited Securities represented by ADSs except pursuant to and in accordance with such
written instructions from Holders, including the deemed instruction to the Depositary to give a
discretionary proxy to a person designated by the Company. Shares or other Deposited Securities
represented by ADSs for which (i) no timely voting instructions are received by the Depositary from
the Holder, or (ii) timely voting instructions are received by the Depositary from the Holder but
such voting instructions fail to specify the manner in which the Depositary is to vote the
Deposited Securities represented by such Holder’s ADSs, shall be voted in the manner provided in
this Section 4.8. Notwithstanding anything else contained herein, and subject to applicable law,
regulation and the Memorandum and Articles of Association, the Depositary shall, if so requested in
writing by the Company, represent all Deposited Securities (whether or not voting instructions have
been received in respect of such Deposited Securities from Holders as of the ADS Record Date) for
the purpose of establishing quorum at a meeting of shareholders.

There can be no assurance that Holders or Beneficial Owners generally or any Holder or Beneficial
Owner in particular will receive the notice described above with sufficient time to enable the
Holder to return voting instructions to the Depositary in a timely manner.

Notwithstanding the above, save for applicable provisions of the law of the Cayman Islands, and in
accordance with the terms of Section 5.3 hereof, the Depositary shall not be liable for any failure
to carry out any instructions to vote any of the Deposited Securities or the manner in which such
vote is cast or the effect of such vote.

     SECTION 4.9 Changes Affecting Deposited Securities. Upon any change in par value,
split-up, subdivision, cancellation, consolidation or any other reclassification of Deposited
Securities or upon any recapitalization, reorganization, amalgamation, merger or consolidation or
sale of assets affecting the Company or to which it is otherwise a party, any securities which
shall be received by the Depositary or the Custodian in exchange for, or in conversion of or
replacement or otherwise in respect of, such Deposited Securities shall, to the extent permitted by
law, be treated as new Deposited Securities under this Deposit Agreement and the Receipts shall,
subject to the provisions of this Deposit Agreement and applicable law, evidence American
Depositary Shares representing the right to receive such additional securities. Alternatively, the
Depositary may, with the Company’s approval, and shall, if the Company shall so request, subject to the terms of this Deposit Agreement and receipt of an Opinion of Counsel furnished at the
Company’s expense satisfactory to the Depositary (stating that such distributions are not in
violation of any applicable laws or regulations), execute and deliver additional Receipts, as in
the case of a stock dividend on the Shares, or call for the surrender of outstanding Receipts to be
exchanged for new Receipts. In either case, as well as in the event of newly deposited Shares,
necessary modifications to the form of Receipt contained in Exhibit A and Exhibit B
hereto, specifically describing such new Deposited Securities and/or corporate change, shall also
be made. The Company agrees

22

 

that it will, jointly with the Depositary, amend the Registration
Statement on Form F-6 as filed with the Commission to permit the issuance of such new form of
Receipt. Notwithstanding the foregoing, in the event that any security so received may not be
lawfully distributed to some or all Holders, the Depositary may, with the Company’s approval, and
shall, if the Company requests, subject to receipt of an opinion of the Company’s counsel furnished
at the Company’s expense satisfactory to the Depositary that such action is not in violation of any
applicable laws or regulations, sell such securities at public or private sale, at such place or
places and upon such terms as it may deem proper and may allocate the net proceeds of such sales
(net of fees and charges of, and expenses incurred by, the Depositary and taxes and/or governmental
charges) for the account of the Holders otherwise entitled to such securities upon an averaged or
other practicable basis without regard to any distinctions among such Holders and distribute the
net proceeds so allocated to the extent practicable as in the case of a distribution received in
cash pursuant to Section 4.1 hereof. The Depositary shall not be responsible for (i) any failure to
determine that it may be lawful or feasible to make such securities available to Holders in general
or to any Holder in particular, (ii) any foreign exchange exposure or loss incurred in connection
with such sale or (iii) any liability to the purchaser of such securities.

     SECTION 4.10 Available Information. The Company is subject to the periodic reporting
requirements of the Exchange Act applicable to foreign private issuers (as defined in Rule 405 of
the Securities Act) and accordingly files certain information with the Commission. These reports
and documents can be inspected and copied at the public reference facilities maintained by the
Commission located at 100 F Street, N.E., Washington D.C. 20549, U.S.A.

     SECTION 4.11 Reports. The Depositary shall make available during normal business
hour on any Business Day for inspection by Holders at its Corporate Trust Office any reports and
communications, including any proxy soliciting materials, received from the Company which are both
received by the Depositary, the Custodian, or the nominee of either of them as the holder of the
Deposited Securities and made generally available to the holders of such Deposited Securities by
the Company. The Company agrees to provide to the Depositary, at the Company’s expense, all
documents that it provides to the Custodian. The Depositary shall, at the expense of the Company
(unless otherwise agreed in writing by the Company and the Depositary), and in accordance with
Section 5.6 hereof, also mail by regular, ordinary mail delivery or by electronic transmission (if
agreed by the Company and the Depositary) and unless otherwise agreed in writing by the Company and
the Depositary, to Holders copies of such reports when furnished by the Company pursuant to Section
5.6 hereof.

     SECTION 4.12 List of Holders. Promptly upon written request by the Company, the
Depositary shall furnish to it a list, as of a recent date, of the names, addresses and holdings of
American Depositary Shares by all persons in whose names Receipts are registered on the books of
the Depositary.

     SECTION 4.13 Taxation; Withholding. The Depositary will, and will instruct the
Custodian to, forward to the Company or its agents such information from its records as the Company
may reasonably request to enable the Company or its agents to file necessary tax reports with
governmental authorities or agencies. The Depositary, the Custodian or the Company and its agents
may, but shall not be obligated to, file such reports as are necessary to reduce or eliminate
applicable taxes on dividends and on other distributions in respect of Deposited Securities under
applicable tax treaties or laws for the Holders and Beneficial

23

 

Owners. Holders and Beneficial
Owners of American Depositary Shares may be required from time to time, and in a timely manner, to
file such proof of taxpayer status, residence and beneficial ownership (as applicable), to execute
such certificates and to make such representations and warranties, or to provide any other
information or documents, as the Depositary or the Custodian may deem necessary or proper to
fulfill the Depositary’s or the Custodian’s obligations under applicable law. The Holders and
Beneficial Owners shall indemnify the Depositary, the Company, the Custodian and any of their
respective directors, employees, agents and Affiliates against, and hold each of them harmless
from, any claims by any governmental authority with respect to taxes, additions to tax, penalties
or interest arising out of any refund of taxes, reduced rate of withholding at source or other tax
benefit obtained by the Beneficial Owner or Holder.

The Company shall remit to the appropriate governmental authority or agency any amounts required to
be withheld by the Company and owing to such governmental authority or agency. Upon any such
withholding, the Company shall remit to the Depositary information, in a form reasonably
satisfactory to the Depositary, about such taxes and/or governmental charges withheld or paid, and,
if so requested, the tax receipt (or other proof of payment to the applicable governmental
authority) therefor. The Depositary shall, to the extent required by U.S. law, report to Holders
(i) any taxes withheld by it; (ii) any taxes withheld by the Custodian, subject to information
being provided to the Depositary by the Custodian and (iii) any taxes withheld by the Company,
subject to information being provided to the Depositary by the Company. The Depositary and the
Custodian shall not be required to provide the Holders with any evidence of the remittance by the
Company (or its agents) of any taxes withheld, or of the payment of taxes by the Company, except to
the extent the evidence is provided by the Company to the Depositary. Neither the Depositary, the
Custodian, nor the Company shall be liable for the failure by any Holder or Beneficial Owner to
obtain the benefits of credits on the basis of non-U.S. tax paid against such Holder’s or
Beneficial Owner’s income tax liability.

In the event that the Depositary determines that any distribution in property (including Shares and
rights to subscribe therefor) is subject to any tax or other governmental charge which the
Depositary is obligated to withhold, the Depositary shall withhold the amount required to be
withheld and may by public or private sale dispose of all or a portion of such property (including Shares and rights to subscribe therefor) in such amounts and in such
manner as the Depositary deems necessary and practicable to pay such taxes and/or charges and the
Depositary shall distribute the net proceeds of any such sale after deduction of such taxes and/or
charges to the Holders entitled thereto in proportion to the number of American Depositary Shares
held by them respectively.

The Depositary is under no obligation to provide the Holders and Beneficial Owners with any
information about the tax status of the Company. The Depositary shall not incur any liability for
any tax consequences that may be incurred by Holders and Beneficial Owners on account of their
ownership of the American Depositary Shares.

     SECTION 4.14 Redemption and Repurchase. If the Company intends to exercise any right
of redemption or repurchase in respect of any of the Deposited Securities, the Company shall give
timely notice thereof to the Depositary which shall set forth the particulars of the proposed
redemption or repurchase. Upon timely receipt of (i) such notice and (ii) satisfactory
documentation given by the Company to the Depositary within the terms of Section 5.7, (iii) the
provision by the Company to the Depositary of a legal opinion (at the expense of the Company)
reasonably satisfactory to the Depositary that such redemption or

24

 

repurchase is allowed under
applicable law and only if the Depositary shall have determined that such proposed redemption or
repurchase is practicable, the Depositary shall provide to each Holder a notice setting forth the
intended exercise by the Company of the redemption or repurchase rights and any other particulars
set forth in the Company’s notice to the Depositary. The Depositary shall instruct the Custodian to
present to the Company the Deposited Securities in respect of which redemption or repurchase rights
are being exercised against payment of the applicable redemption or repurchase price. Upon receipt
of confirmation from the Custodian that the redemption or repurchase has taken place and that funds
representing the redemption or repurchase price have been received, the Depositary shall convert,
transfer, and distribute the proceeds (net of applicable (a) fees and charges of, and expenses
incurred by, the Depositary, and (b) taxes), retire ADSs and cancel Receipts, if applicable, upon
delivery of such ADSs by Holders thereof and the terms set forth in Sections 4.1 and 6.2 hereof. If
less than all outstanding Deposited Securities are redeemed or repurchased, the ADSs to be retired
will be selected by lot or on a pro rata basis, as may be determined by the Depositary. The
redemption or repurchase price per ADS shall be the dollar equivalent of the per share amount
received by the Depositary (adjusted to reflect the ADS(s)-to-Share(s) ratio) upon the redemption
or repurchase of the Deposited Securities represented by ADSs (subject to the terms of Section 4.6
hereof and the applicable fees and charges of, and expenses incurred by, the Depositary, and taxes)
multiplied by the number of Deposited Securities represented by each ADS redeemed or repurchased.

ARTICLE V.

THE DEPOSITARY, THE CUSTODIAN AND THE COMPANY

     SECTION 5.1 Maintenance of Office and Transfer Books by the Registrar. Until
termination of this Deposit Agreement in accordance with its terms, the Depositary or if a
Registrar for the Receipts shall have been appointed, the Registrar shall maintain in the Borough
of Manhattan, the City of New York, an office and facilities for the execution and delivery,
registration, registration of transfers, combination and split-up of Receipts, the surrender of
Receipts and the delivery and withdrawal of Deposited Securities in accordance with the provisions
of this Deposit Agreement.

The Depositary or the Registrar as applicable, shall keep books for the registration of Receipts
and transfers of Receipts which at all reasonable times shall be open for inspection by the Company
and by the Holders of such Receipts, provided that such inspection shall not be, to the
Depositary’s or the Registrar’s knowledge, for the purpose of communicating with Holders of such
Receipts in the interest of a business or object other than the business of the Company or other
than a matter related to this Deposit Agreement or the Receipts.

The Depositary or the Registrar, as applicable, may close the transfer books with respect to the
Receipts, at any time or from time to time, when deemed necessary or advisable by it in connection
with the performance of its duties hereunder, or at the reasonable written request of the Company.

If any Receipts or the American Depositary Shares evidenced thereby are listed on one or more stock
exchanges or automated quotation systems in the United States, the Depositary shall act as
Registrar or appoint a Registrar or one or more co-registrars for registration of Receipts and
transfers, combinations and split-ups, and to countersign such Receipts in

25

 

accordance with any
requirements of such exchanges or systems. Such Registrar or co-registrars may be removed and a
substitute or substitutes appointed by the Depositary.

If any Receipts or the American Depositary Shares evidenced thereby are listed on one or more
securities exchanges, markets or automated quotation systems, (i) the Depositary shall be entitled
to, and shall, take or refrain from taking such action(s) as it may deem necessary or appropriate
to comply with the requirements of such securities exchange(s), market(s) or automated quotation
system(s) applicable to it, notwithstanding any other provision of this Deposit Agreement; and (ii)
upon the reasonable request of the Depositary, the Company shall provide the Depositary such
information and assistance as may be reasonably necessary for the Depositary to comply with such
requirements, to the extent that the Company may lawfully do so.

Each Registrar and co-registrar appointed under this Section 5.1 shall give notice in writing to
the Depositary accepting such appointment and agreeing to be bound by the applicable terms of the
Deposit Agreement.

     SECTION 5.2 Exoneration. Neither the Depositary, the Custodian or the Company shall
be obligated to do or perform any act which is inconsistent with the provisions of this Deposit
Agreement or shall incur any liability (i) if the Depositary, the Custodian or the Company or their
respective controlling persons or agents shall be prevented or forbidden from, or delayed in, doing
or performing any act or thing required by the terms of this Deposit Agreement, by reason of any
provision of any present or future law or regulation of the United States or any state thereof, the
Cayman Islands or any other country, or of any other governmental authority or regulatory authority
or stock exchange, or on account of the possible criminal or civil penalties or restraint, or by
reason of any provision, present or future, of the Memorandum and Articles of Association or any
provision of or governing any Deposited Securities, or by reason of any act of God or war or other
circumstances beyond its control (including, without limitation, nationalization, expropriation,
currency restrictions, work stoppage, strikes, civil unrest, revolutions, rebellions, explosions
and computer failure), (ii) by reason of any exercise of, or failure to exercise, any discretion
provided for in this Deposit Agreement or in the Memorandum and Articles of Association or
provisions of or governing Deposited Securities, (iii) for any action or inaction of the
Depositary, the Custodian or the Company or their respective controlling persons or agents in
reliance upon the advice of or information from legal counsel, accountants, any person presenting
Shares for deposit, any Holder, any Beneficial Owner or authorized representative thereof, or any
other person believed by it in good faith to be competent to give such advice or information, (iv)
for the inability by a Holder or Beneficial Owner to benefit from any distribution, offering, right
or other benefit which is made available to holders of Deposited Securities but is not, under the
terms of this Deposit Agreement, made available to Holders of American Depositary Shares or (v) for
any special, consequential, indirect or punitive damages for any breach of the terms of this
Deposit Agreement or otherwise.

The Depositary, its controlling persons, its agents, the Custodian and the Company, its controlling
persons and its agents may rely and shall be protected in acting upon any written notice, request,
opinion or other document believed by it to be genuine and to have been signed or presented by the
proper party or parties.

No disclaimer of liability under the Securities Act is intended by any provision of this Deposit
Agreement.

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     SECTION 5.3 Standard of Care. The Company and the Depositary and their respective
directors, officers, affiliates, employees and agents assume no obligation and shall not be subject
to any liability under this Deposit Agreement or any Receipts to any Holder(s) or Beneficial
Owner(s) or other persons, except in accordance with Section 5.8 hereof, provided, that the Company
and the Depositary and their respective directors, officers, affiliates, employees and agents agree
to perform their respective obligations specifically set forth in this Deposit Agreement or the
applicable ADRs without gross negligence or willful misconduct.

Without limitation of the foregoing, neither the Depositary, nor the Company, nor any of their
respective controlling persons, directors, officers, affiliates, employees or agents,
shall be under any obligation to appear in, prosecute or defend any action, suit or other
proceeding in respect of any Deposited Securities or in respect of the Receipts, which in its
opinion may involve it in expense or liability, unless indemnity satisfactory to it against all
expenses (including fees and disbursements of counsel) and liabilities be furnished as often as may
be required (and no Custodian shall be under any obligation whatsoever with respect to such
proceedings, the responsibility of the Custodian being solely to the Depositary).

The Depositary and its directors, officers, affiliates, employees and agents shall not be liable
for any failure to carry out any instructions to vote any of the Deposited Securities, or for the
manner in which any vote is cast or the effects of any vote. The Depositary shall not incur any
liability for any failure to determine that any distribution or action may be lawful or reasonably
practicable, for the content of any information submitted to it by the Company for distribution to
the Holders or for any inaccuracy of any translation thereof, for any investment risk associated
with acquiring an interest in the Deposited Securities, for the validity or worth of the Deposited
Securities or for any tax consequences that may result from the ownership of ADSs, Shares or
Deposited Securities, for the credit-worthiness of any third party, for allowing any rights to
lapse upon the terms of this Deposit Agreement or for the failure or timeliness of any notice from
the Company, or for any action or non action by it in reliance upon the opinion, advice of or
information from legal counsel, accountants, any person representing Shares for deposit, any Holder
or any other person believed by it in good faith to be competent to give such advice or
information. The Depositary and its agents shall not be liable for any acts or omissions made by a
successor depositary whether in connection with a previous act or omission of the Depositary or in
connection with any matter arising wholly after the removal or resignation of the Depositary,
provided that in connection with the issue out of which such potential liability arises the
Depositary performed its obligations without gross negligence or willful misconduct while it acted
as Depositary.

     SECTION 5.4 Resignation and Removal of the Depositary; Appointment of Successor
Depositary. The Depositary may at any time resign as Depositary hereunder by written notice of
resignation delivered to the Company, such resignation to be effective on the earlier of (i) the
90th day after delivery thereof to the Company (whereupon the Depositary shall, in the event no
successor depositary has been appointed by the Company, be entitled to take the actions
contemplated in Section 6.2 hereof) and (ii) upon the appointment by the Company of a successor
depositary and its acceptance of such appointment as hereinafter provided, save that, any amounts,
fees, costs or expenses owed to the Depositary hereunder or in accordance with any other agreements
otherwise agreed in writing between the Company and the Depositary from time to time shall be paid
to the Depositary prior to such resignation.

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The Company shall use reasonable efforts to appoint such successor depositary, and give notice to
the Depositary of such appointment, not more than 90 days after delivery by the Depositary of
written notice of resignation as provided in this Section 5.4. In the event that notice of the
appointment of a successor depositary is not provided by the Company in accordance with the
preceding sentence, the Depositary shall be entitled to take the actions contemplated in Section
6.2 hereof.

The Depositary may at any time be removed by the Company by written notice of such removal, which
removal shall be effective on the earlier of (i) the 90th day after delivery thereof to the
Depositary (whereupon the Depositary shall be entitled to take the actions contemplated in Section
6.2 hereof), and (ii) upon the appointment by the Company of a successor depositary and its
acceptance of such appointment as hereinafter provided, save that, any amounts, fees, costs or
expenses owed to the Depositary hereunder or in accordance with any other agreements otherwise
agreed in writing between the Company and the Depositary from time to time shall be paid to the
Depositary prior to such removal.

In case at any time the Depositary acting hereunder shall resign or be removed, the Company shall
use its best efforts to appoint a successor depositary, which shall be a bank or trust company
having an office in the Borough of Manhattan, the City of New York. Every successor depositary
shall be required by the Company to execute and deliver to its predecessor and to the Company an
instrument in writing accepting its appointment hereunder, and thereupon such successor depositary,
without any further act or deed (except as required by applicable law), shall become fully vested
with all the rights, powers, duties and obligations of its predecessor. The predecessor
depositary, upon payment of all sums due to it and on the written request of the Company, shall (i)
execute and deliver an instrument transferring to such successor all rights and powers of such
predecessor hereunder (other than as contemplated in Sections 5.8 and 5.9 hereof), (ii) duly
assign, transfer and deliver all right, title and interest to the Deposited Securities to such
successor, and (iii) deliver to such successor a list of the Holders of all outstanding Receipts
and such other information relating to Receipts and Holders thereof as the successor may reasonably
request. Any such successor depositary shall promptly mail notice of its appointment to such
Holders.

Any corporation into or with which the Depositary may be merged or consolidated shall be the
successor of the Depositary without the execution or filing of any document or any further act.

     SECTION 5.5 The Custodian. The Custodian or its successors in acting hereunder shall
be subject at all times and in all respects to the direction of the Depositary for the Deposited
Securities for which the Custodian acts as custodian and shall be responsible solely to it. If any
Custodian resigns or is discharged from its duties hereunder with respect to any Deposited
Securities and no other Custodian has previously been appointed hereunder, the Depositary shall
promptly appoint a substitute custodian. The Depositary shall require such resigning or discharged
Custodian to deliver the Deposited Securities held by it, together with all such records maintained
by it as Custodian with respect to such Deposited Securities as the Depositary may request, to the
Custodian designated by the Depositary. Whenever the Depositary determines, in its discretion,
that it is appropriate to do so, it may appoint an additional entity to act as Custodian with
respect to any Deposited Securities, or discharge the Custodian with respect to any Deposited
Securities and appoint a substitute custodian, which shall thereafter be Custodian hereunder with
respect to the Deposited Securities. After any such change, the Depositary shall give notice
thereof in writing to all Holders.

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Upon the appointment of any successor depositary, any Custodian then acting hereunder shall, unless
otherwise instructed by the Depositary, continue to be the Custodian of the Deposited Securities
without any further act or writing and shall be subject to the direction of the successor
depositary. The successor depositary so appointed shall, nevertheless, on the written request of
any Custodian, execute and deliver to such Custodian all such instruments as may be proper to give
to such Custodian full and complete power and authority to act on the direction of such successor
depositary.

     SECTION 5.6 Notices and Reports. On or before the first date on which the Company
gives notice, by publication or otherwise, of any meeting of holders of Shares or other Deposited
Securities, or of any adjourned meeting of such holders, or of the taking of any action by such
holders other than at a meeting, or of the taking of any action in respect of any cash or other
distributions or the offering of any rights in respect of Deposited Securities, the Company shall
transmit to the Depositary and the Custodian a copy of the notice thereof in English but otherwise
in the form given or to be given to holders of Shares or other Deposited Securities. The Company
shall also furnish to the Custodian and the Depositary a summary, in English, of any applicable
provisions or proposed provisions of the Memorandum and Articles of Association that may be
relevant or pertain to such notice of meeting or be the subject of a vote thereat.

The Company will also transmit to the Depositary (a) English language versions of the other
notices, reports and communications which are made generally available by the Company to holders of
its Shares or other Deposited Securities and (b) English language versions of the Company’s annual
and other reports prepared in accordance with the applicable requirements of the Commission. The
Depositary shall arrange, at the request of the Company and at the Company’s expense, for the
mailing of copies thereof to all Holders, or by any other means as agreed between the Company and
the Depositary (at the Company’s expense) or make such notices, reports and other communications
available for inspection by all Holders, provided, that, the Depositary shall have received
evidence sufficiently satisfactory to it, including in the form of an opinion of local and/or U.S.
counsel or counsel of other applicable jurisdiction, furnished at the expense of the Company, as
the Depositary reasonably requests, that the distribution of such notices, reports and any such
other communications to Holders from time to time is valid and does not or will not infringe any
local, U.S. or other applicable jurisdiction regulatory restrictions or requirements if so
distributed and made available to Holders. The Company will timely provide the Depositary with the
quantity of such notices, reports, and communications, as requested by the Depositary from time to
time, in order for the Depositary to effect such mailings. The Company has delivered to the
Depositary and the Custodian a copy of the Memorandum and Articles of Association along with the
provisions of or governing the Shares and any other Deposited Securities issued by the Company or
any Affiliate of the Company, in connection with the Shares, in each case along with a certified
English translation thereof, and promptly upon any amendment thereto or change therein, the Company
shall deliver to the Depositary and the Custodian a copy of such amendment thereto or change
therein (along with a certified English translation thereof). The Depositary may rely upon such
copy for all purposes of this Deposit Agreement.

The Depositary will make available a copy of any such notices, reports or communications issued by
the Company and delivered to the Depositary for inspection by the Holders of the Receipts
evidencing the American Depositary Shares representing such Shares governed by such provisions at
the Depositary’s Corporate Trust Office, at the office of the Custodian and at any other designated
transfer office.

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     SECTION 5.7 Issuance of Additional Shares, ADSs etc. The Company agrees that in the
event it or any of its Affiliates proposes (i) an issuance, sale or distribution of additional
Shares, (ii) an offering of rights to subscribe for Shares or other Deposited Securities, (iii) an
issuance of securities convertible into or exchangeable for Shares, (iv) an issuance of rights to
subscribe for securities convertible into or exchangeable for Shares, (v) an elective dividend of
cash or Shares, (vi) a redemption of Deposited Securities, (vii) a meeting of holders of Deposited
Securities, or solicitation of consents or proxies, relating to any reclassification of securities,
merger, subdivision, amalgamation or consolidation or transfer of assets or (viii) any
reclassification, recapitalization, reorganization, merger, amalgamation, consolidation or sale of
assets which affects the Deposited Securities, it will obtain U.S. legal advice and take all steps
necessary to ensure that the application of the proposed transaction to Holders and Beneficial
Owners does not violate the registration provisions of the Securities Act, or any other applicable
laws (including, without limitation, the Investment Company Act of 1940, as amended, the Exchange
Act or the securities laws of the states of the United States). In support of the foregoing, the
Company will furnish to the Depositary, at the Company’s expense, (a) a written opinion of U.S.
counsel (satisfactory to the Depositary) stating whether or not application of such transaction to
Holders and Beneficial Owners (1) requires a registration statement under the Securities Act to be
in effect or (2) is exempt from the registration requirements of the Securities Act and/or (3)
dealing with such other issues reasonably requested by the Depositary; (b) a written opinion of
Cayman Islands counsel (satisfactory to the Depositary) stating that (1) making the transaction
available to Holders and Beneficial Owners does not violate the laws or regulations of the Cayman
Islands and (2) all requisite regulatory consents and approvals have been obtained in the Cayman
Islands; and (c) as the Depositary may reasonably request, a written opinion of counsel in any
other jurisdiction in which Holders or Beneficial Owners reside to the effect that making the
transaction available to such Holders or Beneficial Owners does not violate the laws or regulations
of such jurisdiction. If the filing of a registration statement is required, the Depositary shall
not have any obligation to proceed with the transaction unless it shall have received evidence
reasonably satisfactory to it that such registration statement has been declared effective and that
such distribution is in accordance with all applicable laws or regulations. If, being advised by
counsel, the Company determines that a transaction is required to be registered under the
Securities Act, the Company will either (i) register such transaction to the extent necessary, (ii)
alter the terms of the transaction to avoid the registration requirements of the Securities Act or
(iii) direct the Depositary to take specific measures, in each case as contemplated in this Deposit
Agreement, to prevent such transaction from violating the registration requirements of the
Securities Act.

The Company agrees with the Depositary that neither the Company nor any of its Affiliates will at
any time (i) deposit any Shares or other Deposited Securities, either upon original issuance or
upon a sale of Shares or other Deposited Securities previously issued and reacquired by the Company
or by any such Affiliate, or (ii) issue additional Shares, rights to subscribe for such Shares,
securities convertible into or exchangeable for Shares or rights to subscribe for such securities,
unless such transaction and the securities issuable in such transaction are exempt from
registration under the Securities Act or have been registered under the Securities Act (and such
registration statement has been declared effective).

Notwithstanding anything else contained in this Deposit Agreement, nothing in this Deposit
Agreement shall be deemed to obligate the Company to file any registration statement in respect of
any proposed transaction.

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     SECTION 5.8 Indemnification. The Company agrees to indemnify the Depositary, any
Custodian and each of their respective directors, officers, employees, agents and Affiliates
against, and hold each of them harmless from, any direct losses, liabilities, taxes, costs, claims,
judgments, proceedings, actions, demands and any charges or expenses of any kind whatsoever
(including, but not limited to, reasonable attorney’s fees and expenses and, in each case, fees and
expenses of counsel, in each case, irrevocable value added tax and any similar tax charged or
otherwise imposed in respect thereof) (collectively referred to as “Losses”) which the Depositary
or any agent thereof may incur or which may be made against it as a result of or in connection with
its appointment or the exercise of its powers and duties under this Agreement or that may arise (a)
out of or in connection with any offer, issuance, sale, resale, transfer, deposit or withdrawal of
Receipts, American Depositary Shares, the Shares, or other Deposited Securities, as the case may
be, (b) out of or in connection with any offering documents in respect thereof or (c) out of or in
connection with acts performed or omitted, including, but not limited to, any delivery by the
Depositary on behalf of the Company of information regarding the Company in connection with this
Deposit Agreement, the Receipts, the American Depositary Shares, the Shares, or any Deposited
Securities, in any such case (i) by the Depositary, the Custodian or any of their respective
directors, officers, employees, agents and Affiliates, except to the extent any such Losses arises
out of the gross negligence or bad faith of any of them, or (ii) by the Company or any of its
directors, officers, employees, agents and Affiliates. Notwithstanding the above, in no event
shall the Company or any of its directors, officers, employees, agents and/or Affiliates be liable
for any indirect, special, punitive or consequential damages to the Depositary, any Custodian and
each of their respective directors, officers, employees, agents and Affiliates or any other person.

The Depositary agrees to indemnify the Company and any of its respective directors, officers,
employees, agents and Affiliates against and hold each of them harmless from any direct Losses
which may arise out of acts performed or omitted to be performed by the Depositary arising out of
the gross negligence or bad faith of the Depositary or any of their respective directors, officers
or employees, agents and/or Affiliates. Notwithstanding the above, in no event shall the
Depositary or any of its directors, officers, employees, agents and/or Affiliates be liable for any
indirect, special punitive or consequential damages to the Company, Holders, Beneficial Owners or
any other person.

Any person seeking indemnification hereunder (an “Indemnified Person”) shall notify the person from
whom it is seeking indemnification (the “Indemnifying Person”) of the commencement of any
indemnifiable action or claim promptly after such Indemnified Person becomes aware of such
commencement (provided that the failure to make such notification shall not affect such Indemnified
Person’s rights to indemnification except to the extent the Indemnifying Person is materially
prejudiced by such failure) and shall consult in good faith with the Indemnifying Person as to the
conduct of the defense of such action or claim that may give rise to an indemnity hereunder, which
defense shall be reasonable under the circumstances. No Indemnified Person shall compromise or
settle any action or claim that may give rise to an indemnity hereunder without the consent of the
Indemnifying Person, which consent shall not be unreasonably withheld.

The obligations set forth in this Section shall survive the termination of this Deposit Agreement
and the succession or substitution of any party hereto.

     SECTION 5.9 Fees and Charges of Depositary. The Company, the Holders, the Beneficial
Owners, and persons depositing Shares or surrendering ADSs for cancellation and

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withdrawal of Deposited Securities shall be required to pay to the Depositary the Depositary’s
fees and related charges identified as payable by them respectively as provided for under Article
(9) of Exhibit A hereto. All fees and charges so payable may, at any time and from time to time,
be changed by agreement between the Depositary and the Company, but, in the case of fees and
charges payable by Holders and Beneficial Owners, only in the manner contemplated in Section 6.1
hereof. The Depositary shall provide, without charge, a copy of its latest fee schedule to anyone
upon request.

The Depositary and the Company may reach separate agreement in relation to the payment of any
additional remuneration to the Depositary in respect of any exceptional duties which the Depositary
finds necessary or desirable and agreed by both parties in the performance of its obligations
hereunder and in respect of the actual costs and expenses of the Depositary in respect of any
notices required to be given to the Holders in accordance with Article (21) of Exhibit B hereto.

In connection with any payment by the Company to the Depositary:

	 	(i)	 	all fees, taxes, duties, charges, costs and
expenses which are payable by the Company shall be paid or be procured
to be paid by the Company (and any such amounts which are paid by the
Depositary shall be reimbursed to the Depositary by the Company upon
demand therefor);
	 
	 	(ii)	 	such payment shall be subject to all necessary
applicable exchange control and other consents and approvals having
been obtained. The Company undertakes to use its reasonable endeavours
to obtain all necessary approvals that are required to be obtained by
it in this connection; and
	 
	 	(iii)	 	the Depositary may request, in its sole but
reasonable discretion after reasonable consultation with the Company,
an Opinion of Counsel regarding U.S. law, the laws of the Cayman
Islands or of any other relevant jurisdiction, to be furnished at the
expense of the Company, if at any time it deems it necessary to seek
such an Opinion of Counsel regarding the validity of any action to be
taken or instructed to be taken under this Agreement.

The Company agrees to promptly pay to the Depositary such other fees, charges and expenses and to
reimburse the Depositary for such out-of-pocket expenses as the Depositary and the Company may
agree to in writing from time to time. Responsibility for payment of such charges may at any time
and from time to time be changed by agreement between the Company and the Depositary.

All payments by the Company to the Depositary under this Clause 5.9 shall be paid without set-off
or counterclaim, and free and clear of and without deduction or withholding for or on account of,
any present or future taxes, levies, imports, duties, fees, assessments or other charges of
whatever nature, imposed by the Cayman Islands or by any department, agency or other political
subdivision or taxing authority thereof or therein, and all interest, penalties or similar
liabilities with respect thereto.

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The right of the Depositary to receive payment of fees, charges and expenses as provided above
shall survive the termination of this Deposit Agreement. As to any Depositary, upon the
resignation or removal of such Depositary as described in Section 5.4 hereof, such right shall
extend for those fees, charges and expenses incurred prior to the effectiveness of such resignation
or removal.

     SECTION 5.10 Restricted Securities Owners/Ownership Restrictions. From time to time
or upon request of the Depositary, the Company shall provide to the Depositary a list setting
forth, to the actual knowledge of the Company, those persons or entities who beneficially own
Restricted Securities and the Company shall update such list on a regular basis. The Depositary may
rely on such list or update but shall not be liable for any action or omission made in reliance
thereon. The Company agrees to advise in writing each of the persons or entities who, to the
knowledge of the Company, holds Restricted Securities that such Restricted Securities are
ineligible for deposit hereunder (except under the circumstances contemplated in Section 2.11) and,
to the extent practicable, shall require each of such persons to represent in writing that such
person will not deposit Restricted Securities hereunder (except under the circumstances
contemplated in Section 2.11). The Company shall, in accordance with Article (25) of Exhibit B
hereto, inform Holders and Beneficial Owners and the Depositary of any other limitations on
ownership of Shares that the Holders and Beneficial Owners may be subject to by reason of the
number of ADSs held under the Articles of Association or applicable Cayman Islands law, as such
restrictions may be in force from time to time.

ARTICLE VI.

AMENDMENT AND TERMINATION

     SECTION 6.1 Amendment/Supplement. Subject to the terms and conditions of this
Section 6.1 and applicable law, the Receipts outstanding at any time, the provisions of this
Deposit Agreement and the form of Receipt attached hereto and to be issued under the terms hereof
may at any time and from time to time be amended or supplemented by written agreement between the
Company and the Depositary in any respect which they may deem necessary or desirable and not
materially prejudicial to the Holders without the consent of the Holders or Beneficial Owners. Any
amendment or supplement which shall impose or increase any fees or charges (other than charges in
connection with foreign exchange control regulations, and taxes and/or other governmental charges,
delivery and other such expenses payable by Holders or Beneficial Owners), or which shall otherwise
materially prejudice any substantial existing right of Holders or Beneficial Owners, shall not,
however, become effective as to outstanding Receipts until 30 days after notice of such amendment
or supplement shall have been given to the Holders of outstanding Receipts. Notice of any amendment
to the Deposit Agreement or form of Receipts shall not need to describe in detail the specific
amendments effectuated thereby, and failure to describe the specific amendments in any such notice
shall not render such notice invalid, provided, however, that, in each such case, the notice given
to the Holders identifies a means for Holders and Beneficial Owners to retrieve or receive the text
of such amendment (i.e., upon retrieval from the Commission’s, the Depositary’s or the Company’s
website or upon request from the Depositary).The parties hereto agree that any amendments or
supplements which (i) are reasonably necessary (as agreed by the Company and the Depositary) in
order for (a) the American Depositary Shares to be registered on Form F-6 under the Securities Act
or (b) the American Depositary Shares or the Shares to be traded solely in electronic book-entry
form and (ii) do not in either such

33

 

case impose or increase any fees or charges to be borne by Holders, shall be deemed not to
materially prejudice any substantial rights of Holders or Beneficial Owners. Every Holder and
Beneficial Owner at the time any amendment or supplement so becomes effective shall be deemed, by
continuing to hold such American Depositary Share or Shares, to consent and agree to such amendment
or supplement and to be bound by the Deposit Agreement as amended and supplemented thereby. In no
event shall any amendment or supplement impair the right of the Holder to surrender such Receipt
and receive therefor the Deposited Securities represented thereby, except in order to comply with
mandatory provisions of applicable law. Notwithstanding the foregoing, if any governmental body
should adopt new laws, rules or regulations which would require amendment or supplement of the
Deposit Agreement to ensure compliance therewith, the Company and the Depositary may amend or
supplement the Deposit Agreement and the Receipt at any time in accordance with such changed laws,
rules or regulations. Such amendment or supplement to the Deposit Agreement in such circumstances
may become effective before a notice of such amendment or supplement is given to Holders or within
any other period of time as required for compliance with such laws, rules or regulations.

     SECTION 6.2 Termination. The Depositary shall, at any time at the written direction
of the Company, terminate this Deposit Agreement by mailing notice of such termination to the
Holders of all Receipts then outstanding at least 60 days prior to the date fixed in such notice
for such termination, provided that, the Depositary shall be reimbursed for any amounts, fees,
costs or expenses owed to it in accordance with the terms of this Deposit Agreement and in
accordance with any other agreements as otherwise agreed in writing between the Company and the
Depositary from time to time, prior to such termination shall take effect. If 90 days shall have
expired after (i) the Depositary shall have delivered to the Company a written notice of its
election to resign, or (ii) the Company shall have delivered to the Depositary a written notice of
the removal of the Depositary, and in either case a successor depositary shall not have been
appointed and accepted its appointment as provided in Section 5.4 hereof, the Depositary may
terminate this Deposit Agreement by mailing notice of such termination to the Holders of all
Receipts then outstanding at least 30 days prior to the date fixed for such termination. On and
after the date of termination of this Deposit Agreement, the Holder will, upon surrender of such
Receipt at the Corporate Trust Office of the Depositary, upon the payment of the charges of the
Depositary for the surrender of Receipts referred to in Section 2.6 hereof and subject to the
conditions and restrictions therein set forth, and upon payment of any applicable taxes and/or
governmental charges, be entitled to Delivery, to him or upon his order, of the amount of Deposited
Securities represented by such Receipt. If any Receipts shall remain outstanding after the date of
termination of this Deposit Agreement, the Registrar thereafter shall discontinue the registration
of transfers of Receipts, and the Depositary shall suspend the distribution of dividends to the
Holders thereof, and shall not give any further notices or perform any further acts under this
Deposit Agreement, except that the Depositary shall continue to collect dividends and other
distributions pertaining to Deposited Securities, shall sell rights or other property as provided
in this Deposit Agreement, and shall continue to Deliver Deposited Securities, subject to the
conditions and restrictions set forth in Section 2.6 hereof, together with any dividends or other
distributions received with respect thereto and the net proceeds of the sale of any rights or other
property, in exchange for Receipts surrendered to the Depositary (after deducting, or charging, as
the case may be, in each case, the charges of the Depositary for the surrender of a Receipt, any
expenses for the account of the Holder in accordance with the terms and conditions of this Deposit
Agreement and any applicable taxes and/or governmental charges or assessments). At any time after
the expiration of six months

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from the date of termination of this Deposit Agreement, the Depositary may sell the Deposited
Securities then held hereunder and may thereafter hold uninvested the net proceeds of any such
sale, together with any other cash then held by it hereunder, in an unsegregated account, without
liability for interest for the pro rata benefit of the Holders of Receipts whose Receipts have not
theretofore been surrendered. After making such sale, the Depositary shall be discharged from all
obligations under this Deposit Agreement with respect to the Receipts and the Shares, Deposited
Securities and American Depositary Shares, except to account for such net proceeds and other cash
(after deducting, or charging, as the case may be, in each case, the charges of the Depositary for
the surrender of a Receipt, any expenses for the account of the Holder in accordance with the terms
and conditions of this Deposit Agreement and any applicable taxes and/or governmental charges or
assessments). Upon the termination of this Deposit Agreement, the Company shall be discharged from
all obligations under this Deposit Agreement except for its obligations to the Depositary
hereunder.

ARTICLE VII.

MISCELLANEOUS

     SECTION 7.1 Counterparts. This Deposit Agreement may be executed in any number of
counterparts, each of which shall be deemed an original, and all of such counterparts together
shall constitute one and the same agreement. Copies of this Deposit Agreement shall be maintained
with the Depositary and shall be open to inspection by any Holder during business hours.

     SECTION 7.2 No Third-Party Beneficiaries. This Deposit Agreement is for the
exclusive benefit of the parties hereto (and their successors) and shall not be deemed to give any
legal or equitable right, remedy or claim whatsoever to any other person, except to the extent
specifically set forth in this Deposit Agreement. Nothing in this Deposit Agreement shall be
deemed to give rise to a partnership or joint venture among the parties hereto nor establish a
fiduciary or similar relationship among the parties. The parties hereto acknowledge and agree that
(i) the Depositary and its Affiliates may at any time have multiple banking relationships with the
Company and its Affiliates, (ii) the Depositary and its Affiliates may be engaged at any time in
transactions in which parties adverse to the Company or the Holders or Beneficial Owners may have
interests and (iii) nothing contained in this Agreement shall (a) preclude the Depositary or any of
its Affiliates from engaging in such transactions or establishing or maintaining such
relationships, or (b) obligate the Depositary or any of its Affiliates to disclose such
transactions or relationships or to account for any profit made or payment received in such
transactions or relationships.

     SECTION 7.3 Severability. In case any one or more of the provisions contained in
this Deposit Agreement or in the Receipts should be or become invalid, illegal or unenforceable in
any respect, the validity, legality and enforceability of the remaining provisions contained herein
or therein shall in no way be affected, prejudiced or disturbed thereby.

     SECTION 7.4 Holders and Beneficial Owners as Parties; Binding Effect. The Holders
and Beneficial Owners from time to time of American Depositary Shares shall be parties to the
Deposit Agreement and shall be bound by all of the terms and conditions hereof and of any Receipt
by acceptance hereof or any beneficial interest therein.

35

 

     SECTION 7.5 Notices. Any and all notices to be given to the Company shall be deemed
to have been duly given if personally delivered or sent by first-class mail, air courier or cable,
telex, facsimile transmission or electronic transmission, confirmed by letter, addressed to NetQin
Mobile Inc. No. 4 Building, 11 Heping Li East Street, Dongcheng District, Beijing 100013, The
People’s Republic of China, or to any other address which the Company may specify in writing to the
Depositary.

Any and all notices to be given to the Depositary shall be deemed to have been duly given if
personally delivered or sent by first-class mail, air courier or cable, telex, facsimile
transmission or by electronic transmission (if agreed by the Company and the Depositary), at the
Company’s expense, unless otherwise agreed in writing between the Company and the Depositary,
confirmed by letter, addressed to Deutsche Bank Trust Company Americas, 60 Wall Street, New York,
New York 10005, USA, Attention: ADR Department, telephone: +1 212 250-9100, facsimile: + 1 212
797 0327 or to any other address which the Depositary may specify in writing to the Company.

Any and all notices to be given to any Holder shall be deemed to have been duly given if personally
delivered or sent by first-class mail or cable, telex, facsimile transmission or by electronic
transmission (if agreed by the Company and the Depositary), at the Company’s expense, unless
otherwise agreed in writing between the Company and the Depositary, addressed to such Holder at the
address of such Holder as it appears on the transfer books for Receipts of the Depositary, or, if
such Holder shall have filed with the Depositary a written request that notices intended for such
Holder be mailed to some other address, at the address specified in such request. Notice to Holders
shall be deemed to be notice to Beneficial Owners for all purposes of this Deposit Agreement.

Delivery of a notice sent by mail, air courier or cable, telex, facsimile or electronic
transmission shall be deemed to be effective at the time when a duly addressed letter containing
the same (or a confirmation thereof in the case of a cable, telex, facsimile or electronic
transmission) is deposited, postage prepaid, in a post-office letter box or delivered to an air
courier service. The Depositary or the Company may, however, act upon any cable, telex, facsimile
or electronic transmission received by it from the other or from any Holder, notwithstanding that
such cable, telex, facsimile or electronic transmission shall not subsequently be confirmed by
letter as aforesaid, as the case may be.

     SECTION 7.6 Governing Law and Jurisdiction. This Deposit Agreement and the Receipts
shall be interpreted in accordance with, and all rights hereunder and thereunder and provisions
hereof and thereof shall be governed by, the laws of the State of New York without reference to the
principles of choice of law thereof. Except as set forth in the following paragraph of this
Section 7.6, the Company and the Depositary agree that the federal or state courts in the City of
New York shall have non-exclusive jurisdiction to hear and determine any suit, action or proceeding
and to settle any dispute between them that may arise out of or in connection with this Deposit
Agreement and, for such purposes, each irrevocably submits to the non-exclusive jurisdiction of
such courts. The Company hereby irrevocably designates, appoints and empowers Law Debenture
Corporate Services Inc. (the “Process Agent”), now at 400 Madison Avenue, 4th Floor, New York, New
York 10017 as its authorized agent to receive and accept for and on its behalf, and on behalf of
its properties, assets and revenues, service by mail of any and all legal process, summons, notices
and documents that may be served in any suit, action or proceeding brought against the Company in
any federal or state court as described in the preceding sentence or in the next paragraph of

36

 

this Section 7.6. If for any reason the Process Agent shall cease to be available to act as
such, the Company agrees to designate a new agent in The City of New York on the terms and for the
purposes of this Section 7.6 reasonably satisfactory to the Depositary. The Company further hereby
irrevocably consents and agrees to the service of any and all legal process, summons, notices and
documents in any suit, action or proceeding against the Company, by service by mail of a copy
thereof upon the Process Agent (whether or not the appointment of such Process Agent shall for any
reason prove to be ineffective or such Process Agent shall fail to accept or acknowledge such
service), with a copy mailed to the Company by registered or certified air mail, postage prepaid,
to its address provided in Section 7.5 hereof. The Company agrees that the failure of the Process
Agent to give any notice of such service to it shall not impair or affect in any way the validity
of such service or any judgment rendered in any action or proceeding based thereon.

Notwithstanding the foregoing, the Depositary and the Company unconditionally agree that in the
event that a Holder or Beneficial Owner brings a suit, action or proceeding against (a) the
Company, (b) the Depositary in its capacity as Depositary under this Deposit Agreement or (c)
against both the Company and the Depositary, in any state or federal court of the United States,
and the Depositary or the Company have any claim, for indemnification or otherwise, against each
other arising out of the subject matter of such suit, action or proceeding, then the Company and
the Depositary may pursue such claim against each other in the state or federal court in the United
States in which such suit, action, or proceeding is pending, and for such purposes, the Company and
the Depositary irrevocably submit to the non-exclusive jurisdiction of such courts. The Company
agrees that service of process upon the Process Agent in the manner set forth in the preceding
paragraph shall be effective service upon it for any suit, action or proceeding brought against it
as described in this paragraph.

The Company irrevocably and unconditionally waives, to the fullest extent permitted by law, any
objection that it may now or hereafter have to the laying of venue of any actions, suits or
proceedings brought in any court as provided in this Section 7.6, and hereby further irrevocably
and unconditionally waives and agrees not to plead or claim in any such court that any such action,
suit or proceeding brought in any such court has been brought in an inconvenient forum.

The Company and the Depositary agree that, notwithstanding the foregoing, with regard to any claim
or dispute or difference of whatever nature between the parties hereto arising directly or
indirectly from the relationship created by this Deposit Agreement, the Depositary, in its sole
discretion, shall be entitled to refer such dispute or difference for final settlement by
arbitration (“Arbitration”) in accordance with the applicable rules of the American Arbitration
Association (the “Rules”) then in force, by a sole arbitrator appointed in accordance with the
Rules. The seat and place of any reference to Arbitration shall be New York, New York State. The
procedural law of any Arbitration shall be New York law and the language to be used in the
Arbitration shall be English. The fees of the arbitrator and other costs incurred by the parties in
connection with such Arbitration shall be paid by the party that is unsuccessful in such
Arbitration.

EACH PARTY TO THE DEPOSIT AGREEMENT (INCLUDING, FOR AVOIDANCE OF DOUBT, EACH HOLDER AND BENEFICIAL
OWNER AND/OR HOLDER OF INTERESTS IN THE ADRs) HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT
PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY SUIT, ACTION OR
PROCEEDING AGAINST THE

37

 

DEPOSITARY AND/OR THE COMPANY DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THE SHARES OR
OTHER DEPOSITED SECURITIES, THE ADSs OR THE ADRs, THE DEPOSIT AGREEMENT OR ANY TRANSACTION
CONTEMPLATED HEREIN OR THEREIN, OR THE BREACH HEREOF OR THEREOF (WHETHER BASED ON CONTRACT, TORT,
COMMON LAW OR ANY OTHER THEORY).

The provisions of this Section 7.6 shall survive any termination of this Deposit Agreement, in
whole or in part.

     SECTION 7.7 Assignment. Subject to the provisions of Section 5.4 hereof, this
Deposit Agreement may not be assigned by either the Company or the Depositary.

     SECTION 7.8 Agents. The Depositary shall be entitled, in its sole but reasonable
discretion, to appoint one or more agents (the “Agents”) of which it shall have control for the
purpose, inter alia, of making distributions to the Holders or otherwise carrying out its
obligations under this Agreement.

     SECTION 7.9 Exclusivity. The Company agrees not to appoint any other depositary for
the issuance or administration of depositary receipts evidencing any class of stock of the Company
so long as Deutsche Bank Trust Company Americas is acting as Depositary hereunder.

     SECTION 7.10 Compliance with U.S. Securities Laws. Notwithstanding anything in this
Deposit Agreement to the contrary, the withdrawal or Delivery of Deposited Securities will not be
suspended by the Company or the Depositary except as would be permitted by Instruction I.A.(1) of
the General Instructions to Form F-6 Registration Statement, as amended from time to time, under
the Securities Act.

     SECTION 7.11 Titles. All references in this Deposit Agreement to exhibits, Articles,
sections, subsections, and other subdivisions refer to the exhibits, Articles, sections,
subsections and other subdivisions of this Deposit Agreement unless expressly provided otherwise.
The words “this Deposit Agreement”, “herein”, “hereof”, “hereby”, “hereunder”, and words of similar
import refer to the Deposit Agreement as a whole as in effect between the Company, the Depositary
and the Holders and Beneficial Owners of ADSs and not to any particular subdivision unless
expressly so limited. Pronouns in masculine, feminine and neuter gender shall be construed to
include any other gender, and words in the singular form shall be construed to include the plural
and vice versa unless the context otherwise requires. Titles to sections of this Deposit Agreement
are included for convenience only and shall be disregarded in construing the language contained in
this Deposit Agreement.

38

 

IN WITNESS WHEREOF, NETQIN MOBILE INC. and DEUTSCHE BANK TRUST COMPANY AMERICAS have duly executed
this Deposit Agreement as of the day and year first above set forth and all Holders and Beneficial
Owners shall become parties hereto upon acceptance by them of American Depositary Shares evidenced
by Receipts issued in accordance with the terms hereof.

	 	 	 	 	 
	 	NETQIN MOBILE INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	DEUTSCHE BANK TRUST COMPANY AMERICAS

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	 	 
	 	By:  	

 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

39

 

EXHIBIT A

CUSIP [•]

ISIN [•]

	 	 	 
	 

	 	American Depositary
Shares (Each

American Depositary
Share

representing [five]

Fully Paid Class A
Common Shares)

[FORM OF FACE OF RECEIPT]

AMERICAN DEPOSITARY RECEIPT

for

AMERICAN DEPOSITARY SHARES

representing

DEPOSITED CLASS A COMMON SHARES

of

NETQIN MOBILE INC.

(Incorporated under the laws of the Cayman Islands)

DEUTSCHE BANK TRUST COMPANY AMERICAS, as depositary (herein called the “Depositary”), hereby
certifies that                                is the owner of                                American Depositary Shares
(hereinafter “ADS”), representing deposited Class A common shares, each of Par Value of $0.0001
including evidence of rights to receive such common shares (the “Shares”) of NetQin Mobile Inc., a
company incorporated under the laws of the Cayman Islands (the “Company”). As of the date of the
Deposit Agreement (hereinafter referred to), each ADS represents [five] Shares deposited under the
Deposit Agreement with the Custodian which at the date of execution of the Deposit Agreement is
Deutsche Bank AG, Hong Kong Branch (the “Custodian”). The ratio of Depositary Shares to shares of
stock is subject to subsequent amendment as provided in Article IV of the Deposit Agreement. The
Depositary’s Corporate Trust Office is located at 60 Wall Street, New York, New York 10005, U.S.A.

(1) The Deposit Agreement. This American Depositary Receipt is one of an issue of American
Depositary Receipts (“Receipts”), all issued or to be issued upon the terms and conditions set
forth in the Deposit Agreement, dated as of                     , 2011 (as amended from
time to time, the “Deposit Agreement”), by and among the Company, the Depositary, and all Holders
and Beneficial Owners from time to time of Receipts issued thereunder, each of whom by accepting a
Receipt agrees to become a party thereto and becomes bound by all the terms and conditions thereof.
The Deposit Agreement sets forth the rights and obligations of

40

 

Holders and Beneficial Owners of
Receipts and the rights and duties of the Depositary in respect of the Shares deposited thereunder
and any and all other securities, property and cash from time to time, received in respect of such
Shares and held thereunder (such Shares, other securities, property and cash are herein called
“Deposited Securities”). Copies of the Deposit Agreement are on file at the Corporate Trust Office
of the Depositary and the Custodian.

Each owner and each Beneficial Owner, upon acceptance of any ADSs (or any interest therein) issued
in accordance with the terms and conditions of the Deposit Agreement, shall be deemed for all
purposes to (a) be a party to and bound by the terms of the Deposit Agreement and applicable
ADR(s), and (b) appoint the Depositary its attorney-in-fact, with full power to delegate, to act on
its behalf and to take any and all actions contemplated in the Deposit Agreement and the applicable
ADR(s), to adopt any and all procedures necessary to comply with applicable law and to take such
action as the Depositary in its sole discretion may deem necessary or appropriate to carry out the
purposes of the Deposit Agreement and the applicable ADR(s), the taking of such actions to be the
conclusive determinant of the necessity and appropriateness thereof.

The statements made on the face and reverse of this Receipt are summaries of certain provisions of
the Deposit Agreement and the Memorandum and Articles of Association (as in effect on the date of
the Deposit Agreement) and are qualified by and subject to the detailed provisions of the Deposit
Agreement, to which reference is hereby made. All capitalized terms used herein which are not
otherwise defined herein shall have the meanings ascribed thereto in the Deposit Agreement. The
Depositary makes no representation or warranty as to the validity or worth of the Deposited
Securities. The Depositary has made arrangements for the acceptance of the American Depositary
Shares into DTC. Each Beneficial Owner of American Depositary Shares held through DTC must rely on
the procedures of DTC and the DTC Participants to exercise and be entitled to any rights
attributable to such American Depositary Shares. The Receipt evidencing the American Depositary
Shares held through DTC will be registered in the name of a nominee of DTC. So long as the
American Depositary Shares are held through DTC or unless otherwise required by law, ownership of
beneficial interests in the Receipt registered in the name of DTC (or its nominee) will be shown
on, and transfers of such ownership will be effected only through, records maintained by (i) DTC
(or its nominee), or (ii) DTC Participants (or their nominees).

(2) Surrender of Receipts and Withdrawal of Deposited Securities. Upon surrender, at the
Corporate Trust Office of the Depositary, of ADSs evidenced by this Receipt for the purpose of
withdrawal of the Deposited Securities represented thereby, and upon payment of (i) the charges of
the Depositary for the making of withdrawals and cancellation of Receipts (as set forth in Section
5.9 of the Deposit Agreement and Article (9) hereof) and (ii) all fees, taxes and/or governmental
charges payable in connection with such surrender and withdrawal, and, subject to the terms and
conditions of the Deposit Agreement, the Memorandum and Articles of Association, Section 7.10 of the Deposit
Agreement, Article (23) hereof and the provisions of or governing the Deposited Securities and
other applicable laws, the Holder of the American Depositary Shares evidenced hereby is entitled to
Delivery, to him or upon his order, of the Deposited Securities represented by the ADS so
surrendered. Subject to the last sentence of this paragraph, such Deposited Securities may be
Delivered in certificated form or by electronic Delivery. ADS may be surrendered for the purpose of
withdrawing Deposited Securities by Delivery of a Receipt evidencing such ADS (if held in
registered form) or by book-entry delivery of such ADS to the Depositary.

41

 

A Receipt surrendered for such purposes shall, if so required by the Depositary, be properly
endorsed in blank or accompanied by proper instruments of transfer in blank, and if the Depositary
so requires, the Holder thereof shall execute and deliver to the Depositary a written order
directing the Depositary to cause the Deposited Securities being withdrawn to be Delivered to or
upon the written order of a person or persons designated in such order. Thereupon, the Depositary
shall direct the Custodian to Deliver (without unreasonable delay) at the designated office of the
Custodian (subject to the terms and conditions of the Deposit Agreement, to the Memorandum and
Articles of Association, and to the provisions of or governing the Deposited Securities and
applicable laws, now or hereafter in effect), to or upon the written order of the person or persons
designated in the order delivered to the Depositary as provided above, the Deposited Securities
represented by such ADSs, together with any certificate or other proper documents of or relating to
title for the Deposited Securities or evidence of the electronic transfer thereof (if available) as
the case may be to or for the account of such person. The Depositary may make delivery to such
person or persons at the Corporate Trust Office of the Depositary of any dividends or distributions
with respect to the Deposited Securities represented by such Receipt, or of any proceeds of sale of
any dividends, distributions or rights, which may at the time be held by the Depositary.

The Depositary may, in its discretion, refuse to accept for surrender a number of American
Depositary Shares representing a number of Shares other than a whole number of Shares. In the case
of surrender of a Receipt evidencing a number of ADSs representing other than a whole number of
Shares, the Depositary shall cause ownership of the appropriate whole number of Shares to be
Delivered in accordance with the terms hereof, and shall, at the discretion of the Depositary,
either (i) issue and Deliver to the person surrendering such Receipt a new Receipt evidencing
American Depositary Shares representing any remaining fractional Share, or (ii) sell or cause to be
sold the fractional Shares represented by the Receipt so surrendered and remit the proceeds thereof
(net of (a) applicable fees and charges of, and expenses incurred by, the Depositary and (b) taxes
and/or governmental charges) to the person surrendering the Receipt. At the request, risk and
expense of any Holder so surrendering a Receipt, and for the account of such Holder, the Depositary
shall direct the Custodian to forward (to the extent permitted by law) any cash or other property
(other than securities) held in respect of, and any certificate or certificates and other proper
documents of or relating to title to, the Deposited Securities represented by such Receipt to the
Depositary for Delivery at the Corporate Trust Office of the Depositary, and for further Delivery
to such Holder. Such direction shall be given by letter or, at the request, risk and expense of such Holder, by cable, telex or facsimile
transmission.

(3) Transfers, Split-Ups and Combinations of Receipts. Subject to the terms and conditions
of the Deposit Agreement, the Registrar shall register transfers of Receipts on its books, upon
surrender at the Corporate Trust Office of the Depositary of a Receipt by the Holder thereof in
person or by duly authorized attorney, properly endorsed or accompanied by proper instruments of
transfer (including signature guarantees in accordance with standard industry practice) and duly
stamped as may be required by the laws of the State of New York and of the United States of
America, of the Cayman Islands and of any other applicable jurisdiction. Subject to the terms and
conditions of the Deposit Agreement, including payment of the applicable fees and expenses incurred
by, and charges of, the Depositary, the Depositary shall execute and Deliver a new Receipt(s) (and
if necessary, cause the Registrar to countersign such Receipt(s)) and deliver same to or upon the
order of the person entitled to such Receipts evidencing the same aggregate number of ADSs as those
evidenced by the Receipts surrendered. Upon surrender of a Receipt or Receipts for the purpose of
effecting a

42

 

split-up or combination of such Receipt or Receipts upon payment of the applicable fees
and charges of the Depositary, and subject to the terms and conditions of the Deposit Agreement,
the Depositary shall execute and deliver a new Receipt or Receipts for any authorized number of
ADSs requested, evidencing the same aggregate number of ADSs as the Receipt or Receipts
surrendered.

(4) Pre-Conditions to Registration, Transfer, Etc. As a condition precedent to the
execution and delivery, registration of transfer, split-up, combination or surrender of any Receipt
or withdrawal of any Deposited Securities, the Depositary or the Custodian may require (i) payment
from the depositor of Shares or presenter of the Receipt of a sum sufficient to reimburse it for
any tax or other governmental charge and any stock transfer or registration fee with respect
thereto (including any such tax or charge and fee with respect to Shares being deposited or
withdrawn) and payment of any applicable fees and charges of the Depositary as provided in the
Deposit Agreement and in this Receipt, (ii) the production of proof satisfactory to it as to the
identity and genuineness of any signature or any other matters and (iii) compliance with (A) any
laws or governmental regulations relating to the execution and delivery of Receipts and ADSs or to
the withdrawal of Deposited Securities and (B) such reasonable regulations of the Depositary or the
Company consistent with the Deposit Agreement and applicable law.

The issuance of ADSs against deposits of Shares generally or against deposits of particular Shares
may be suspended, or the issuance of ADSs against the deposit of particular Shares may be withheld,
or the registration of transfer of Receipts in particular instances may be refused, or the
registration of transfer of Receipts generally may be suspended, during any period when the
transfer books of the Depositary are closed or if any such action is deemed necessary or advisable
by the Depositary or the Company, in good faith, at any time or from time to time because of any
requirement of law, any government or governmental body or commission or any securities exchange
upon which the Receipts or Share are listed, or under any provision of the Deposit Agreement or
provisions of, or governing, the Deposited Securities or any meeting of shareholders of
the Company or for any other reason, subject in all cases to Article (23) hereof. Notwithstanding
any provision of the Deposit Agreement or this Receipt to the contrary, the Holders of Receipts are
entitled to surrender outstanding ADSs to withdraw the Deposited Securities at any time subject
only to (i) temporary delays caused by closing the transfer books of the Depositary or the Company
or the deposit of Shares in connection with voting at a shareholders’ meeting or the payment of
dividends, (ii) the payment of fees, taxes and/or similar charges, (iii) compliance with any U.S.
or foreign laws or governmental regulations relating to the Receipts or to the withdrawal of the
Deposited Securities, and (iv) other circumstances specifically contemplated by Section I.A.(l) of
the General Instructions to Form F-6 (as such General Instructions may be amended from time to
time). Without limitation of the foregoing, the Depositary shall not knowingly accept for deposit
under the Deposit Agreement any Shares or other Deposited Securities required to be registered
under the provisions of the Securities Act, unless a registration statement is in effect as to such
Shares.

(5) Compliance With Information Requests. Notwithstanding any other provision of the
Deposit Agreement or this Receipt, each Holder and Beneficial Owner of the ADSs represented hereby
agrees to comply with requests from the Company pursuant to the laws of the Cayman Islands, the
rules and requirements of the New York Stock Exchange and any other stock exchange on which the
Shares are, or will be registered, traded or listed, the Memorandum and Articles of Association,
which are made to provide information as to the

43

 

capacity in which such Holder or Beneficial Owner
owns ADSs and regarding the identity of any other person interested in such ADSs and the nature of
such interest and various other matters whether or not they are Holders and/or Beneficial Owner at
the time of such request. The Depositary agrees to use reasonable efforts to forward any such
requests to the Holders and to forward to the Company any such responses to such requests received
by the Depositary.

(6) Liability of Holder for Taxes, Duties and Other Charges. If any tax or other
governmental charge shall become payable by the Depositary or the Custodian with respect to any
Receipt or any Deposited Securities or ADSs, such tax, or other governmental charge shall be
payable by the Holders and Beneficial Owners to the Depositary. The Company, the Custodian and/or
the Depositary may withhold or deduct from any distributions made in respect of Deposited
Securities and may sell for the account of the Holder and/or Beneficial Owner any or all of the
Deposited Securities and apply such distributions and sale proceeds in payment of such taxes
(including applicable interest and penalties) or charges, with the Holder and the Beneficial Owner
hereof remaining fully liable for any deficiency. The Custodian may refuse the deposit of Shares,
and the Depositary may refuse to issue ADSs, to deliver Receipts, register the transfer, split-up
or combination of ADRs and (subject to Article (23) hereof) the withdrawal of Deposited Securities,
until payment in full of such tax, charge, penalty or interest is received. Every Holder and
Beneficial Owner agrees to indemnify the Depositary, the Company, the Custodian and each of their
respective agents, directors, employees and Affiliates for, and hold each of them harmless from,
any claims with respect to taxes (including applicable interest and penalties thereon) arising from
any tax benefit obtained for such Holder and/or Beneficial Owner.

Holders understand that in converting Foreign Currency, amounts received on conversion are
calculated at a rate which may exceed the number of decimal places used by the Depositary to report
distribution rates (which in any case will not be less than two decimal places). Any excess amount
may be retained by the Depositary as an additional cost of conversion, irrespective of any other
fees and expenses payable or owing hereunder and shall not be subject to escheatment.

(7) Representations and Warranties of Depositors. Each person depositing Shares under the
Deposit Agreement shall be deemed thereby to represent and warrant that (i) such Shares (and the
certificates therefor) are duly authorized, validly issued, fully paid, non-assessable and were
legally obtained by such person, (ii) all preemptive (and similar) rights, if any, with respect to
such Shares, have been validly waived or exercised, (iii) the person making such deposit is duly
authorized so to do, (iv) the Shares presented for deposit are free and clear of any lien,
encumbrance, security interest, charge, mortgage or adverse claim, and are not, and the ADSs
issuable upon such deposit will not be, Restricted Securities (except as contemplated by Section
2.11), (v) the Shares presented for deposit have not been stripped of any rights or entitlements
and (vi) the Shares are not subject to any lock-up agreement with the Company or other party, or
the Shares are subject to lock-up agreement but such lock-up agreement has terminated or the
lock-up restrictions imposed thereunder has expired. Such representations and warranties shall
survive the deposit and withdrawal of Shares and the issuance, cancellation and transfer of ADSs.
If any such representations or warranties are false in any way, the Company and Depositary shall be
authorized, at the cost and expense of the person depositing Shares, to take any and all actions
necessary to correct the consequences thereof.

44

 

(8) Filing Proofs, Certificates and Other Information. Any person presenting Shares for
deposit, any Holder and any Beneficial Owner may be required, and every Holder and Beneficial Owner
agrees, from time to time to provide to the Depositary such proof of citizenship or residence,
taxpayer status, payment of all applicable taxes and/or other governmental charges, exchange
control approval, legal or beneficial ownership of ADSs and Deposited Securities, compliance with
applicable laws and the terms of the Deposit Agreement and the provisions of, or governing, the
Deposited Securities or other information as the Depositary deems necessary or proper or as the
Company may reasonably require by written request to the Depositary consistent with its obligations
under the Deposit Agreement. Subject to Article (23) hereof and the terms of the Deposit Agreement,
the Depositary and the Registrar, as applicable, may withhold the delivery or registration of
transfer of any Receipt or the distribution or sale of any dividend or other distribution of rights
or of the proceeds thereof or the delivery of any Deposited Securities until such proof or other
information is filed, or such certifications are executed, or such representations and warranties
made, or such information and documentation are provided.

(9) Charges of Depositary. The Depositary reserves the right to charge the following fees
for the services performed under the terms of the Deposit Agreement, provided, however, that no
fees shall be payable upon distribution of cash dividends so long as the charging of such fee is
prohibited by the exchange, if any, upon which the ADSs are listed:

	 	 	 	(i) to any person to whom ADSs are issued or to any person to whom a distribution is made
in respect of ADS distributions pursuant to stock dividends or other free distributions of
stock, bonus distributions, stock splits or other distributions (except where converted to
cash), a fee of up to U.S.$0.05 per ADS so issued under the terms of the Deposit Agreement
to be determined by the Depositary;
	 
	 	 	 	(ii) to any person surrendering ADSs for cancellation and withdrawal of Deposited
Securities including, inter alia, cash distributions made pursuant to a cancellation or
withdrawal, a fee of up to U.S.$0.05 per ADS so surrendered;
	 
	 	 	 	(iii) to any Holder of ADSs, a fee of up to U.S.$0.05 per ADS held for the distribution of
cash proceeds, including cash dividends or sale of rights and other entitlements, not made
pursuant to a cancellation or withdrawal;
	 
	 	 	 	(iv) to any holder of ADSs, a fee of up to U.S.$0.05 per ADS issued upon the exercise of
rights; and
	 
	 	 	 	(v) for the operation and maintenance costs in administering the ADSs an annual fee of up
to U.S.$0.05 per ADS, such fee to be assessed against Holders of record as of the date or
dates set by the Depositary as it sees fit and collected at the sole discretion of the
Depositary by billing such Holders for such fee or by deducting such fee from one or more
cash dividends or other cash distributions.

In addition, Holders, Beneficial Owners, any depositor depositing Shares for deposit and any person
surrendering ADSs for cancellation and withdrawal of Deposited Securities will be required to pay
the following charges:

	 	 	 	(i) taxes (including applicable interest and penalties) and other governmental charges;

45

 

	 	 	 	(ii) such registration fees as may from time to time be in effect for the registration of
Shares or other Deposited Securities with the Foreign Registrar and applicable to transfers
of Shares or other Deposited Securities to or from the name of the Custodian, the
Depositary or any nominees upon the making of deposits and withdrawals, respectively;
	 
	 	 	 	(iii) such cable, telex, facsimile and electronic transmission and delivery expenses as are
expressly provided in the Deposit Agreement to be at the expense of the depositor
depositing or person withdrawing Shares or Holders and Beneficial Owners of ADSs;
	 
	 	 	 	(iv) the expenses and charges incurred by the Depositary in the conversion of Foreign
Currency;
	 
	 	 	 	(v) such fees and expenses as are incurred by the Depositary in connection with compliance
with exchange control regulations and other regulatory requirements applicable to Shares,
Deposited Securities, ADSs and ADRs;
	 
	 	 	 	(vi) the fees and expenses incurred by the Depositary in connection with the delivery of
Deposited Securities, including any fees of a central depository for securities in the
local market, where applicable;
	 
	 	 	 	(vii) any additional fees, charges, costs or expenses that may be incurred by the
Depositary from time to time.

Any other fees and charges of, and expenses incurred by, the Depositary or the Custodian under the
Deposit Agreement shall be for the account of the Company unless otherwise agreed in writing
between the Company and the Depositary from time to time. All fees and charges may, at any time
and from time to time, be changed by agreement between the Depositary and Company but, in the case
of fees and charges payable by Holders or Beneficial Owners, only in the manner contemplated by
Article (21) hereof.

(10) Title to Receipts. It is a condition of this Receipt, and every successive Holder of
this Receipt by accepting or holding the same consents and agrees, that title to this Receipt (and
to each ADS evidenced hereby) is transferable by delivery of the Receipt, provided it has been
properly endorsed or accompanied by proper instruments of transfer, such Receipt being a
certificated security under the laws of the State of New York. Notwithstanding any notice to the
contrary, the Depositary may deem and treat the Holder of this Receipt (that is, the person in
whose name this Receipt is registered on the books of the Depositary) as the absolute owner hereof
for all purposes. The Depositary shall have no obligation or be subject to any liability under the
Deposit Agreement or this Receipt to any holder of this Receipt or any Beneficial Owner unless such
holder is the Holder of this Receipt registered on the books of the Depositary or, in the case of a
Beneficial Owner, such Beneficial Owner or the Beneficial Owner’s representative is the Holder
registered on the books of the Depositary.

(11) Validity of Receipt. This Receipt shall not be entitled to any benefits under the
Deposit Agreement or be valid or enforceable for any purpose, unless this Receipt has been (i)
dated, (ii) signed by the manual or facsimile signature of a duly authorized signatory of the
Depositary, (iii) if a Registrar for the Receipts shall have been appointed, countersigned by the
manual or facsimile signature of a duly authorized signatory of the Registrar and (iv) registered
in the books maintained by the Depositary or the Registrar, as applicable, for

46

 

the issuance and transfer of Receipts. Receipts bearing the facsimile signature of a duly-authorized signatory of
the Depositary or the Registrar, who at the time of signature was a duly-authorized signatory of
the Depositary or the Registrar, as the case may be, shall bind the Depositary, notwithstanding the
fact that such signatory has ceased to be so authorized prior to the execution and delivery of such
Receipt by the Depositary or did not hold such office on the date of issuance of such Receipts.

(12) Available Information; Reports; Inspection of Transfer Books. The Company is subject
to the periodic reporting requirements of the Exchange Act applicable to foreign private issuers
(as defined in Rule 405 of the Securities Act) and accordingly files certain information with the
Commission. These reports and documents can be inspected and copied at the public reference
facilities maintained by the Commission located at 100 F Street, N.E., Washington D.C. 20549,
U.S.A. The Depositary shall make available during normal business hours on any Business Day for inspection by Holders at its Corporate Trust
Office any reports and communications, including any proxy soliciting materials, received from the
Company which are both (a) received by the Depositary, the Custodian, or the nominee of either of
them as the holder of the Deposited Securities and (b) made generally available to the holders of
such Deposited Securities by the Company.

The Depositary or the Registrar, as applicable, shall keep books for the registration of Receipts
and transfers of Receipts which at all reasonable times shall be open for inspection by the Company
and by the Holders of such Receipts, provided that such inspection shall not be, to the
Depositary’s or the Registrar’s knowledge, for the purpose of communicating with Holders of such
Receipts in the interest of a business or object other than the business of the Company or other
than a matter related to the Deposit Agreement or the Receipts.

The Depositary or the Registrar, as applicable, may close the transfer books with respect to the
Receipts, at any time or from time to time, when deemed necessary or advisable by it in good faith
in connection with the performance of its duties hereunder, or at the reasonable written request of
the Company subject, in all cases, to Article (23) hereof.

	 	 	 	 	 	 
	Dated:	 	DEUTSCHE BANK TRUST	 
	 	 	COMPANY AMERICAS, as Depositary	 
	 
	 	 	 	 	 
	 
	 	By:	 	 	 
	 
	 	 	 	 	 
	 
	 	 	 	 	 
	 
	 	By:	 	 	 
	 
	 	 	 	 	 

The address of the Corporate Trust Office of the Depositary is 60 Wall Street, New York, New York
10005, U.S.A.

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EXHIBIT
B

[FORM OF REVERSE OF RECEIPT]

SUMMARY OF CERTAIN ADDITIONAL PROVISIONS

OF THE DEPOSIT AGREEMENT

(13) Dividends and Distributions in Cash, Shares, etc. Whenever the Depositary receives
confirmation from the Custodian of receipt of any cash dividend or other cash distribution on any
Deposited Securities, or receives proceeds from the sale of any Shares, rights securities or other
entitlements under the Deposit Agreement, the Depositary will, if at the time of receipt thereof
any amounts received in a Foreign Currency can, in the judgment of the Depositary (upon the terms
of the Deposit Agreement), be converted on a practicable basis, into Dollars transferable to the
United States, promptly convert or cause to be converted such dividend, distribution or proceeds
into Dollars and will distribute promptly the amount thus received (net of applicable fees and
charges of, and expenses incurred by, the Depositary and taxes and/or governmental charges) to the
Holders of record as of the ADS Record Date in proportion to the number of ADS representing such
Deposited Securities held by such Holders respectively as of the ADS Record Date. The Depositary
shall distribute only such amount, however, as can be distributed without attributing to any Holder
a fraction of one cent. Any such fractional amounts shall be rounded to the nearest whole cent and
so distributed to Holders entitled thereto. If the Company, the Custodian or the Depositary is
required to withhold and does withhold from any cash dividend or other cash distribution in respect
of any Deposited Securities an amount on account of taxes, duties or other governmental charges,
the amount distributed to Holders on the ADSs representing such Deposited Securities shall be
reduced accordingly. Such withheld amounts shall be forwarded by the Company, the Custodian or the
Depositary to the relevant governmental authority. Any Foreign Currency received by the Depositary
shall be converted upon the terms and conditions set forth in the Deposit Agreement.

If any distribution upon any Deposited Securities consists of a dividend in, or free distribution
of, Shares, the Company shall cause such Shares to be deposited with the Custodian and registered,
as the case may be, in the name of the Depositary, the Custodian or their nominees. Upon receipt
of confirmation of such deposit, the Depositary shall, subject to and in accordance with the
Deposit Agreement, establish the ADS Record Date and either (i) distribute to the Holders as of the
ADS Record Date in proportion to the number of ADSs held as of the ADS Record Date, additional
ADSs, which represent in aggregate the number of Shares received as such dividend, or free
distribution, subject to the terms of the Deposit Agreement (including, without limitation, the
applicable fees and charges of, and expenses incurred by, the Depositary, and taxes and/or
governmental charges), or (ii) if additional ADSs are not so distributed, each ADS issued and
outstanding after the ADS Record Date shall, to the extent permissible by law, thenceforth also
represent rights and interests in the additional Shares distributed upon the Deposited Securities
represented thereby (net of the applicable fees and charges of, and the expenses incurred by, the
Depositary, and taxes and/or governmental charges). In lieu of delivering fractional ADSs, the
Depositary shall sell the number of Shares represented by the aggregate of such fractions and
distribute the proceeds upon the terms set forth in the Deposit Agreement.

In the event that (x) the Depositary determines that any distribution in property (including
Shares) is subject to any tax or other governmental charges which the Depositary is obligated to
withhold, or, (y) if the Company, in the fulfillment of its obligations under the Deposit
Agreement, has either (a) furnished an opinion of U.S. counsel determining that Shares must

48

 

be registered under the Securities Act or other laws in order to be distributed to Holders (and no
such registration statement has been declared effective), or (b) fails to timely deliver the
documentation contemplated in the Deposit Agreement, the Depositary may dispose of all or a portion
of such property (including Shares and rights to subscribe therefor) in such amounts and in such
manner, including by public or private sale, as the Depositary deems necessary and practicable, and
the Depositary shall distribute the net proceeds of any such sale (after deduction of taxes and/or
governmental charges, and fees and charges of, and expenses incurred by, the Depositary) to Holders
entitled thereto upon the terms of the Deposit Agreement. The Depositary shall hold and/or
distribute any unsold balance of such property in accordance with the provisions of the Deposit
Agreement.

Upon timely receipt of a notice indicating that the Company wishes an elective distribution to be
made available to Holders upon the terms described in the Deposit Agreement, the Depositary shall,
upon provision of all documentation required under the Deposit Agreement, (including, without
limitation, any legal opinions the Depositary may request under the Deposit Agreement) determine
whether such distribution is lawful and reasonably practicable. If so, the Depositary shall,
subject to the terms and conditions of the Deposit Agreement, establish an ADS Record Date
according to Article (14) hereof and establish procedures to enable the Holder hereof to elect to
receive the proposed distribution in cash or in additional ADSs. If a Holder elects to receive the
distribution in cash, the dividend shall be distributed as in the case of a distribution in cash.
If the Holder hereof elects to receive the distribution in additional ADSs, the distribution shall
be distributed as in the case of a distribution in Shares upon the terms described in the Deposit
Agreement. If such elective distribution is not lawful or reasonably practicable or if the
Depositary did not receive satisfactory documentation set forth in the Deposit Agreement, the
Depositary shall, to the extent permitted by law, distribute to Holders, on the basis of the same
determination as is made in the Cayman Islands, in respect of the Shares for which no election is
made, either (x) cash or (y) additional ADSs representing such additional Shares, in each case,
upon the terms described in the Deposit Agreement. Nothing herein shall obligate the Depositary to
make available to the Holder hereof a method to receive the elective distribution in Shares (rather
than ADSs). There can be no assurance that the Holder hereof will be given the opportunity to
receive elective distributions on the same terms and conditions as the holders of Shares.

Upon receipt by the Depositary of a notice indicating that the Company wishes rights to subscribe
for additional Shares to be made available to Holders of ADSs, the Company shall determine whether
it is lawful and reasonably practicable to make such rights available to the Holders. The
Depositary shall make such rights available to any Holders only if the Company shall have timely
requested that such rights be made available to Holders, the Depositary shall have received the
documentation required by the Deposit Agreement, and the Depositary shall have determined that such
distribution of rights is lawful and reasonably practicable. If such conditions are not satisfied,
the Depositary shall sell the rights as described below. In the event all conditions set forth
above are satisfied, the Depositary shall establish an ADS Record Date and establish procedures (x)
to distribute such rights (by means of warrants or otherwise) and (y) to enable the Holders to
exercise the rights (upon payment of the applicable fees and charges of, and expenses incurred by,
the Depositary and taxes and/or governmental charges). Nothing herein or in the Deposit Agreement
shall obligate the Depositary to make available to the Holders a method to exercise such rights to
subscribe for Shares (rather than ADSs). If (i) the
Company does not timely request the Depositary to make the rights available to Holders or if the
Company requests that the rights

49

 

not be made available to Holders, (ii) the Depositary fails to
receive the documentation required by the Deposit Agreement or determines it is not lawful or
reasonably practicable to make the rights available to Holders, or (iii) any rights made available
are not exercised and appear to be about to lapse, the Depositary shall determine whether it is
lawful and reasonably practicable to sell such rights, in a riskless principal capacity or
otherwise, at such place and upon such terms (including public and/or private sale) as it may deem
proper. The Depositary shall, upon such sale, convert and distribute proceeds of such sale (net of
applicable fees and charges of, and expenses incurred by, the Depositary and taxes and/or
governmental charges) upon the terms hereof and in the Deposit Agreement. If the Depositary is
unable to make any rights available to Holders or to arrange for the sale of the rights upon the
terms described above, the Depositary shall allow such rights to lapse. The Depositary shall not
be responsible for (i) any failure to determine that it may be lawful or practicable to make such
rights available to Holders in general or any Holders in particular, (ii) any foreign exchange
exposure or loss incurred in connection with such sale, or exercise, or (iii) the content of any
materials forwarded to the Holders on behalf of the Company in connection with the rights
distribution.

Notwithstanding anything herein to the contrary, if registration (under the Securities Act and/or
any other applicable law) of the rights or the securities to which any rights relate may be
required in order for the Company to offer such rights or such securities to Holders and to sell
the securities represented by such rights, the Depositary will not distribute such rights to the
Holders (i) unless and until a registration statement under the Securities Act covering such
offering is in effect or (ii) unless the Company furnishes to the Depositary opinion(s) of counsel
for the Company in the United States and counsel to the Company in any other applicable country in
which rights would be distributed, in each case satisfactorily to the Depositary, to the effect
that the offering and sale of such securities to Holders and Beneficial Owners are exempt from, or
do not require registration under, the provisions of the Securities Act or any other applicable
laws. In the event that the Company, the Depositary or the Custodian shall be required to withhold
and does withhold from any distribution of property (including rights) an amount on account of
taxes and/or other governmental charges, the amount distributed to the Holders shall be reduced
accordingly. In the event that the Depositary determines that any distribution in property
(including Shares and rights to subscribe therefor) is subject to any tax or other governmental
charges which the Depositary is obligated to withhold, the Depositary may dispose of all or a
portion of such property (including Shares and rights to subscribe therefor) in such amounts and in
such manner, including by public or private sale, as the Depositary deems necessary and practicable
to pay any such taxes and/or charges.

There can be no assurance that Holders generally, or any Holder in particular, will be given the
opportunity to exercise rights on the same terms and conditions as the holders of Shares or to
exercise such rights. Nothing herein shall obligate the Company to file any registration statement
in respect of any rights or Shares or other securities to be acquired upon the exercise of such
rights or otherwise to register or qualify the offer or sale of such rights or securities under the
applicable law of any other jurisdiction for any purpose.

Upon receipt of a notice regarding property other than cash, Shares or rights to purchase
additional Shares, to be made to Holders of ADSs, the Depositary shall determine, after
consultation with the Company, whether such distribution to Holders is lawful and reasonably
practicable. The Depositary shall not make such distribution unless (i) the Company shall have
timely requested the Depositary to make such distribution to Holders,

50

 

(ii) the Depositary shall
have received the documentation required by the Deposit Agreement, and (iii) the Depositary shall
have determined that such distribution is lawful and reasonably practicable. Upon satisfaction of
such conditions, the Depositary shall distribute the property so received to the Holders of record
as of the ADS Record Date, in proportion to the number of ADSs held by such Holders respectively
and in such manner as the Depositary may deem practicable for accomplishing such distribution (i)
upon receipt of payment or net of the applicable fees and charges of, and expenses incurred by, the
Depositary, and (ii) net of any taxes and/or governmental charges. The Depositary may dispose of
all or a portion of the property so distributed and deposited, in such amounts and in such manner
(including public or private sale) as the Depositary may deem practicable or necessary to satisfy
any taxes (including applicable interest and penalties) or other governmental charges applicable to
the distribution.

If the conditions above are not satisfied, the Depositary shall sell or cause such property to be
sold in a public or private sale, at such place or places and upon such terms as it may deem proper
and shall distribute the proceeds of such sale received by the Depositary (net of (a) applicable
fees and charges of, and expenses incurred by, the Depositary and (b) taxes and/or governmental
charges) to the Holders upon the terms hereof and of the Deposit Agreement. If the Depositary is
unable to sell such property, the Depositary may dispose of such property in any way it deems
reasonably practicable under the circumstances.

(14) Fixing of Record Date. Whenever necessary in connection with any distribution
(whether in cash, shares, rights or other distribution), or whenever for any reason the Depositary
causes a change in the number of Shares that are represented by each ADS, or whenever the
Depositary shall receive notice of any meeting of or solicitation of holders of Shares or other
Deposited Securities, or whenever the Depositary shall find it necessary or convenient in
connection with the giving of any notice, or any other matter, the Depositary shall fix a record
date (“ADS Record Date”), as close as practicable to the record date fixed by the Company with
respect to the Shares (if applicable), for the determination of the Holders who shall be entitled
to receive such distribution, to give instructions for the exercise of voting rights at any such
meeting, or to give or withhold such consent, or to receive such notice or solicitation or to
otherwise take action, or to exercise the rights of Holders with respect to such changed number of
Shares represented by each ADS or for any other reason. Subject to applicable law and the terms and
conditions of this Receipt and the Deposit Agreement, only the Holders of record at the close of
business in New York on such ADS Record Date shall be entitled to receive such distributions, to
give such voting instructions, to receive such notice or solicitation, or otherwise take action.

(15) Voting of Deposited Securities. Subject to the next sentence, as soon as practicable
after receipt of notice of any meeting at which the holders of Shares or other Deposited Securities
are entitled to vote, or of solicitation of consents or proxies from holders of Shares or other
Deposited Securities, the Depositary shall fix the ADS Record Date in respect of such meeting or
solicitation of consent or proxy. The Depositary shall, if requested by the Company in writing in a
timely manner (the Depositary having no obligation to take any further action if the request shall
not have been received by the Depositary at least 30 Business Days prior to the date of such
vote or meeting) and at the Company’s expense and provided no U.S. legal prohibitions exist, mail
by regular, ordinary mail delivery, or by electronic transmission, or otherwise distribute as soon
as practicable after receipt thereof to Holders as of the ADS Record Date: (a) such notice of
meeting or solicitation of consent or proxy; (b) a statement that the Holders at the close of
business on the ADS Record Date will

51

 

be entitled, subject to any applicable law, the Memorandum and
Articles of Association and the provisions of or governing the Deposited Securities (which
provisions, if any, shall be summarized in pertinent part by the Company), to instruct the
Depositary as to the exercise of the voting rights, if any, pertaining to the Shares or other
Deposited Securities represented by such Holder’s American Depositary Shares; and (c) a brief
statement as to the manner in which such instructions may be given to the Depositary or in which
voting instructions may be deemed to have been given in accordance with Section 4.8 of the Deposit
Agreement, including an express indication that instructions may be given (or deemed to have been
given in accordance with the immediately following paragraph of this section) to the Depositary to
give a discretionary proxy to a person or persons designated by the Company. Voting instructions
may be given only in respect of a number of American Depositary Shares representing an integral
number of Shares or other Deposited Securities. Upon the timely receipt from a Holder of American
Depositary Shares on the ADS Record Date of written voting instructions in the manner specified by
the Depositary, the Depositary shall endeavor, insofar as practicable and permitted under
applicable law, the provisions of this Deposit Agreement, the Memorandum and Articles of
Association and the provisions of or governing the Deposited Securities, to vote or cause the
Custodian to vote the Shares and/or other Deposited Securities (in person or by proxy) represented
by American Depositary Shares evidenced by such Receipt in accordance with such voting
instructions.

In the event that the (i) Depositary timely receives voting instructions from a Holder which fail
to specify the manner in which the Depositary is to vote the Deposited Securities represented by
such Holder’s ADSs or (ii) no timely instructions are received by the Depositary from a Holder with
respect to any of the Deposited Securities represented by the ADSs held by such Holder on the ADS
Record Date, the Depositary shall (unless otherwise specified in the notice distributed to Holders)
deem such Holder to have instructed the Depositary to give a discretionary proxy to a person
designated by the Company with respect to such Deposited Securities and the Depositary shall give a
discretionary proxy to a person designated by the Company to vote such Deposited Securities,
provided, however, that no such instruction shall be deemed to have been given and no such
discretionary proxy shall be given with respect to any matter as to which the Company informs the
Depositary (and the Company agrees to provide such information as promptly as practicable in
writing, if applicable) that (x) the Company does not wish to give such proxy, (y) the Company is
aware or should reasonably be aware that substantial opposition exists from Holders against the
outcome for which the person designated by the Company would otherwise vote or (z) the outcome for
which the person designated by the Company would otherwise vote would materially and adversely
affect the rights of holders of Shares, provided, further, that the Company will have no liability
to any Holder or Beneficial Owner resulting from such notification.

In the event that voting on any resolution or matter is conducted on a show of hands basis in
accordance with the Memorandum and Articles of Association, the Depositary will refrain from voting
and the voting instructions (or the deemed voting instructions, as set out above) received by the
Depositary from Holders shall lapse. The Depositary will have no obligation to demand
voting on a poll basis with respect to any resolution and shall have no liability to any Holder or
Beneficial Owner for not having demanded voting on a poll basis.

Neither the Depositary nor the Custodian shall, under any circumstances exercise any discretion as
to voting, and neither the Depositary nor the Custodian shall vote, attempt to exercise the right
to vote, or in any way make use of for purposes of establishing a quorum or

52

 

otherwise, the Shares
or other Deposited Securities represented by ADSs except pursuant to and in accordance with such
written instructions from Holders, including the deemed instruction to the Depositary to give a
discretionary proxy to a person designated by the Company. Shares or other Deposited Securities
represented by ADSs for which (i) no timely voting instructions are received by the Depositary from
the Holder, or (ii) timely voting instructions are received by the Depositary from the Holder but
such voting instructions fail to specify the manner in which the Depositary is to vote the
Deposited Securities represented by such Holder’s ADSs, shall be voted in the manner provided in
Section 4.8 of the Deposit Agreement. Notwithstanding anything else contained herein, and subject
to applicable law, regulation and the Memorandum and Articles of Association, the Depositary shall,
if so requested in writing by the Company, represent all Deposited Securities (whether or not
voting instructions have been received in respect of such Deposited Securities from Holders as of
the ADS Record Date) for the purpose of establishing quorum at a meeting of shareholders.

There can be no assurance that Holders or Beneficial Owners generally or any Holder or Beneficial
Owner in particular will receive the notice described above with sufficient time to enable the
Holder to return voting instructions to the Depositary in a timely manner.

Notwithstanding the above, save for applicable provisions of the law of the Cayman Islands, and in
accordance with the terms of Section 5.3 of the Deposit Agreement, the Depositary shall not be
liable for any failure to carry out any instructions to vote any of the Deposited Securities or the
manner in which such vote is cast or the effect of such vote.

(16) Changes Affecting Deposited Securities. Upon any change in par value, split-up,
subdivision, cancellation, consolidation or any other reclassification of Deposited Securities, or
upon any recapitalization, reorganization, merger, amalgamation or consolidation or sale of assets
affecting the Company or to which it otherwise is a party, any securities which shall be received
by the Depositary or a Custodian in exchange for, or in conversion of or replacement or otherwise
in respect of, such Deposited Securities shall, to the extent permitted by law, be treated as new
Deposited Securities under the Deposit Agreement, and the Receipts shall, subject to the provisions
of the Deposit Agreement and applicable law, evidence ADSs representing the right to receive such
additional securities. Alternatively, the Depositary may, with the Company’s approval, and shall,
if the Company shall so request, subject to the terms of the Deposit Agreement and receipt of
satisfactory documentation contemplated by the Deposit Agreement, execute and deliver additional
Receipts as in the case of a stock dividend on the Shares, or call for the surrender of outstanding
Receipts to be exchanged for new Receipts, in either case, as well as in the event of newly
deposited Shares, with necessary modifications to this form of Receipt specifically describing such
new Deposited Securities and/or corporate change. Notwithstanding the foregoing, in the event that
any security so received may not be lawfully distributed to some or all Holders, the Depositary
may, with the Company’s approval, and shall if the Company requests, subject to receipt of
satisfactory legal documentation contemplated in
the Deposit Agreement, sell such securities at public or private sale, at such place or places and
upon such terms as it may deem proper and may allocate the net proceeds of such sales (net of fees
and charges of, and expenses incurred by, the Depositary and taxes and/or governmental charges) for
the account of the Holders otherwise entitled to such securities and distribute the net proceeds so
allocated to the extent practicable as in the case of a distribution received in cash pursuant to
the Deposit Agreement. The Depositary shall not be responsible for (i) any failure to determine
that it may be lawful or feasible to make such securities available to Holders in

53

 

general or any
Holder in particular, (ii) any foreign exchange exposure or loss incurred in connection with such
sale, or (iii) any liability to the purchaser of such securities.

(17) Redemption and Repurchase. If the Company intends to exercise any right of redemption
or repurchase in respect of any of the Deposited Shares, the Company shall give timely notice
thereof to the Depositary which shall set forth the particulars of the proposed redemption or
repurchase. Upon timely receipt of (i) such notice and (ii) satisfactory documentation given by the
Company to the Depositary as may be required by the Depositary, (iii) the provision by the Company
to the Depositary of a legal opinion (at the expense of the Company) reasonably satisfactory to the
Depositary that such redemption or repurchase is allowed under applicable law and only if the
Depositary shall have determined that such proposed redemption or repurchase is practicable, the
Depositary shall provide to each Holder a notice setting forth the intended exercise by the Company
of the redemption or repurchase rights and any other particulars set forth in the Company’s notice
to the Depositary. The Depositary shall instruct the Custodian to present to the Company the
Deposited Shares in respect of which redemption or repurchase rights are being exercised against
payment of the applicable redemption or repurchase price. Upon receipt of confirmation from the
Custodian that the redemption or repurchase has taken place and that funds representing the
redemption or repurchase price have been received, the Depositary shall convert, transfer, and
distribute the proceeds (net of applicable (a) fees and charges of, and expenses incurred by, the
Depositary, and (b) taxes), retire GDRs and cancel Certificates, if applicable, upon delivery of
such GDRs by Holders thereof and the terms set forth in Section 4.1 and Section 6.2 of the Deposit
Agreement. If less than all outstanding Deposited Shares are redeemed or repurchased, the GDRs to
be retired will be selected by lot or on a pro rata basis, as may be determined by the Depositary.
The redemption or repurchase price per GDR shall be the dollar equivalent of the per share amount
received by the Depositary (adjusted to reflect the GDR(s)-to-Share(s) ratio) upon the redemption
or repurchase of the Deposited Shares represented by GDRs (subject to the terms of Section 4.6 of
the Deposit Agreement) and the applicable fees and charges of, and expenses incurred by, the
Depositary, and taxes) multiplied by the number of Deposited Shares represented by each GDR
redeemed or repurchased.

(18) Exoneration. Neither the Depositary, the Custodian or the Company shall be obligated
to do or perform any act which is inconsistent with the provisions of the Deposit Agreement or
shall incur any liability (i) if the Depositary, the Custodian or the Company or their respective
controlling persons or agents shall be prevented or forbidden from, or subjected to any civil or
criminal penalty or restraint on account of, or delayed in, doing or performing any act or thing
required by the terms of the Deposit Agreement and this Receipt, by reason of any provision of any
present or future law or regulation of the United States, the Cayman Islands or any other country,
or of any other governmental authority or regulatory authority or stock exchange, or by reason of
any provision, present or future of the Memorandum and Articles of Association or any
provision of or governing any Deposited Securities, or by reason of any act of God or war or other
circumstances beyond its control, (including, without limitation, nationalization, expropriation,
currency restrictions, work stoppage, strikes, civil unrest, revolutions, rebellions, explosions
and computer failure), (ii) by reason of any exercise of, or failure to exercise, any discretion
provided for in the Deposit Agreement or in the Memorandum and Articles of Association or
provisions of or governing Deposited Securities, (iii) for any action or inaction of the
Depositary, the Custodian or the Company or their respective controlling persons or agents in
reliance upon the advice of or information from legal counsel, accountants, any person presenting
Shares

54

 

for deposit, any Holder, any Beneficial Owner or authorized representative thereof, or any
other person believed by it in good faith to be competent to give such advice or information, (iv)
for any inability by a Holder or Beneficial Owner to benefit from any distribution, offering, right
or other benefit which is made available to holders of Deposited Securities but is not, under the
terms of the Deposit Agreement, made available to Holders of ADS or (v) for any consequential or
punitive damages for any breach of the terms of the Deposit Agreement. The Depositary, its
controlling persons, its agents, any Custodian and the Company, its controlling persons and its
agents may rely and shall be protected in acting upon any written notice, request, opinion or other
document believed by it to be genuine and to have been signed or presented by the proper party or
parties. No disclaimer of liability under the Securities Act is intended by any provision of the
Deposit Agreement.

(19) Standard of Care. The Company and the Depositary and their respective directors,
officers, affiliates, employees and agents assume no obligation and shall not be subject to any
liability under the Deposit Agreement or the Receipts to Holders or Beneficial Owners or other
persons, except in accordance with Section 5.8 of the Deposit Agreement, provided, that the Company
and the Depositary and their respective directors, officers, affiliates, employees and agents agree
to perform their respective obligations specifically set forth in the Deposit Agreement without
gross negligence or bad faith. The Depositary and its directors, officers, affiliates, employees
and agents shall not be liable for any failure to carry out any instructions to vote any of the
Deposited Securities, or for the manner in which any vote is cast or the effect of any vote,
provided that any such action or omission is in good faith and in accordance with the terms of the
Deposit Agreement. The Depositary shall not incur any liability for any failure to determine that
any distribution or action may be lawful or reasonably practicable, for the content of any
information submitted to it by the Company for distribution to the Holders or for any inaccuracy of
any translation thereof, for any investment risk associated with acquiring an interest in the
Deposited Securities, for the validity or worth of the Deposited Securities or for any tax
consequences that may result from the ownership of ADSs, Shares or Deposited Securities, for the
credit-worthiness of any third party, for allowing any rights to lapse upon the terms of the
Deposit Agreement or for the failure or timeliness of any notice from the Company. In no event
shall the Depositary or any of its Agents be liable for any indirect, special, punitive or
consequential damage.

(20) Resignation and Removal of the Depositary; Appointment of Successor Depositary. The
Depositary may at any time resign as Depositary under the Deposit Agreement by written notice of
resignation delivered to the Company, such resignation to be effective on the earlier of (i) the
90th day after delivery thereof to the Company, or (ii) upon the appointment of a successor
depositary and its acceptance of such appointment as provided in the Deposit Agreement, save that,
any amounts, fees, costs or expenses owed to the Depositary under the Deposit Agreement
or in accordance with any other agreements otherwise agreed in writing between the Company and the
Depositary from time to time shall be paid to the Depositary prior to such resignation. The Company
shall use reasonable efforts to appoint such successor depositary, and give notice to the
Depositary of such appointment, not more than 90 days after delivery by the Depositary of written
notice of resignation as provided in the Deposit Agreement. The Depositary may at any time be
removed by the Company by written notice of such removal which notice shall be effective on the
later of (i) the 90th day after delivery thereof to the Depositary, or (ii) upon the appointment of
a successor depositary and its acceptance of such appointment as provided in the Deposit Agreement
save that, any amounts, fees, costs or expenses owed to the Depositary under the Deposit Agreement
or in accordance with any other agreements otherwise agreed in writing

55

 

between the Company and the
Depositary from time to time shall be paid to the Depositary prior to such removal. In case at any
time the Depositary acting hereunder shall resign or be removed, the Company shall use its best
efforts to appoint a successor depositary which shall be a bank or trust company having an office
in the Borough of Manhattan, the City of New York. Every successor depositary shall execute and
deliver to its predecessor and to the Company an instrument in writing accepting its appointment
hereunder, and thereupon such successor depositary, without any further act or deed, shall become
fully vested with all the rights, powers, duties and obligations of its predecessor. The
predecessor depositary, upon payment of all sums due it and on the written request of the Company,
shall (i) execute and deliver an instrument transferring to such successor all rights and powers of
such predecessor hereunder (other than as contemplated in the Deposit Agreement), (ii) duly assign,
transfer and deliver all right, title and interest to the Deposited Securities to such successor,
and (iii) deliver to such successor a list of the Holders of all outstanding Receipts and such
other information relating to Receipts and Holders thereof as the successor may reasonably request.
Any such successor depositary shall promptly mail notice of its appointment to such Holders. Any
corporation into or with which the Depositary may be merged or consolidated shall be the successor
of the Depositary without the execution or filing of any document or any further act.

(21) Amendment/Supplement. Subject to the terms and conditions of this Article (21), and
applicable law, this Receipt and any provisions of the Deposit Agreement may at any time and from
time to time be amended or supplemented by written agreement between the Company and the Depositary
in any respect which they may deem necessary or desirable without the consent of the Holders or
Beneficial Owners. Any amendment or supplement which shall impose or increase any fees or charges
(other than the charges of the Depositary in connection with foreign exchange control regulations,
and taxes and/or other governmental charges, delivery and other such expenses), or which shall
otherwise materially prejudice any substantial existing right of Holders or Beneficial Owners,
shall not, however, become effective as to outstanding Receipts until 30 days after notice of such
amendment or supplement shall have been given to the Holders of outstanding Receipts. Notice of any
amendment to the Deposit Agreement or form of Receipts shall not need to describe in detail the
specific amendments effectuated thereby, and failure to describe the specific amendments in any
such notice shall not render such notice invalid, provided, however, that, in each such case, the
notice given to the Holders identifies a means for Holders and Beneficial Owners to retrieve or
receive the text of such amendment (i.e., upon retrieval from the Commission’s, the Depositary’s or
the Company’s website or upon request from the Depositary). The parties hereto agree that any
amendments or supplements which (i) are reasonably necessary (as agreed by the Company and the
Depositary) in order for (a) the ADSs to be registered on Form F-6 under the Securities Act or (b)
the ADSs or Shares to be traded
solely in electronic book-entry form and (ii) do not in either such case impose or increase any
fees or charges to be borne by Holders, shall be deemed not to materially prejudice any substantial
rights of Holders or Beneficial Owners. Every Holder and Beneficial Owner at the time any amendment
or supplement so becomes effective shall be deemed, by continuing to hold such ADS, to consent and
agree to such amendment or supplement and to be bound by the Deposit Agreement as amended or
supplemented thereby. In no event shall any amendment or supplement impair the right of the Holder
to surrender such Receipt and receive therefor the Deposited Securities represented thereby, except
in order to comply with mandatory provisions of applicable law. Notwithstanding the foregoing, if
any governmental body should adopt new laws, rules or regulations which would require amendment or
supplement of the Deposit Agreement to ensure compliance therewith, the Company and the Depositary

56

 

may amend or supplement the Deposit Agreement and the Receipt at any time in accordance with such
changed laws, rules or regulations. Such amendment or supplement to the Deposit Agreement in such
circumstances may become effective before a notice of such amendment or supplement is given to
Holders or within any other period of time as required for compliance with such laws, or rules or
regulations.

(22) Termination. The Depositary shall, at any time at the written direction of the
Company, terminate the Deposit Agreement by mailing notice of such termination to the Holders of
all Receipts then outstanding at least 90 days prior to the date fixed in such notice for such
termination provided that, the Depositary shall be reimbursed for any amounts, fees, costs or
expenses owed to it in accordance with the terms of the Deposit Agreement and in accordance with
any other agreements as otherwise agreed in writing between the Company and the Depositary from
time to time, prior to such termination shall take effect. If 90 days shall have expired after (i)
the Depositary shall have delivered to the Company a written notice of its election to resign, or
(ii) the Company shall have delivered to the Depositary a written notice of the removal of the
Depositary, and in either case a successor depositary shall not have been appointed and accepted
its appointment as provided herein and in the Deposit Agreement, the Depositary may terminate the
Deposit Agreement by mailing notice of such termination to the Holders of all Receipts then
outstanding at least 30 days prior to the date fixed for such termination. On and after the date of
termination of the Deposit Agreement, the Holder will, upon surrender of such Holder’s Receipt at
the Corporate Trust Office of the Depositary, upon the payment of the charges of the Depositary for
the surrender of Receipts referred to in Article (2) hereof and in the Deposit Agreement and
subject to the conditions and restrictions therein set forth, and upon payment of any applicable
taxes and/or governmental charges, be entitled to delivery, to him or upon his order, of the amount
of Deposited Securities represented by such Receipt. If any Receipts shall remain outstanding after
the date of termination of the Deposit Agreement, the Registrar thereafter shall discontinue the
registration of transfers of Receipts, and the Depositary shall suspend the distribution of
dividends to the Holders thereof, and shall not give any further notices or perform any further
acts under the Deposit Agreement, except that the Depositary shall continue to collect dividends
and other distributions pertaining to Deposited Securities, shall sell rights as provided in the
Deposit Agreement, and shall continue to deliver Deposited Securities, subject to the conditions
and restrictions set forth in the Deposit Agreement, together with any dividends or other
distributions received with respect thereto and the net proceeds of the sale of any rights or other
property, in exchange for Receipts surrendered to the Depositary (after deducting, or charging, as
the case may be, in each case the charges of the Depositary for the surrender of a Receipt, any
expenses for the account of the Holder in
accordance with the terms and conditions of the Deposit Agreement and any applicable taxes and/or
governmental charges or assessments). At any time after the expiration of six months from the date
of termination of the Deposit Agreement, the Depositary may sell the Deposited Securities then held
hereunder and may thereafter hold uninvested the net proceeds of any such sale, together with any
other cash then held by it hereunder, in an unsegregated account, without liability for interest
for the pro rata benefit of the Holders of Receipts whose Receipts have not theretofore been
surrendered. After making such sale, the Depositary shall be discharged from all obligations under
the Deposit Agreement with respect to the Receipts and the Shares, Deposited Securities and ADSs,
except to account for such net proceeds and other cash (after deducting, or charging, as the case
may be, in each case the charges of the Depositary for the surrender of a Receipt, any expenses for
the account of the Holder in accordance with the terms and conditions of the Deposit Agreement and
any applicable taxes and/or governmental charges or assessments) and except as set forth in the
Deposit

57

 

Agreement. Upon the termination of the Deposit Agreement, the Company shall be discharged
from all obligations under the Deposit Agreement except as set forth in the Deposit Agreement.

(23) Redemption and Repurchase. If the Company intends to exercise any right of redemption
or repurchase in respect of any of the Deposited Shares, the Company shall give timely notice
thereof to the Depositary which shall set forth the particulars of the proposed redemption or
repurchase. Upon timely receipt of (i) such notice and (ii) satisfactory documentation given by the
Company to the Depositary as may be required by the Depositary, (iii) the provision by the Company
to the Depositary of a legal opinion (at the expense of the Company) reasonably satisfactory to the
Depositary that such redemption or repurchase is allowed under applicable law and only if the
Depositary shall have determined that such proposed redemption or repurchase is practicable, the
Depositary shall provide to each Holder a notice setting forth the intended exercise by the Company
of the redemption or repurchase rights and any other particulars set forth in the Company’s notice
to the Depositary. The Depositary shall instruct the Custodian to present to the Company the
Deposited Shares in respect of which redemption or repurchase rights are being exercised against
payment of the applicable redemption or repurchase price. Upon receipt of confirmation from the
Custodian that the redemption or repurchase has taken place and that funds representing the
redemption or repurchase price have been received, the Depositary shall convert, transfer, and
distribute the proceeds (net of applicable (a) fees and charges of, and expenses incurred by, the
Depositary, and (b) taxes), retire GDRs and cancel Certificates, if applicable, upon delivery of
such GDRs by Holders thereof and the terms set forth in Section 4.1 and Section 6.2 of the Deposit
Agreement. If less than all outstanding Deposited Shares are redeemed or repurchased, the GDRs to
be retired will be selected by lot or on a pro rata basis, as may be determined by the Depositary.
The redemption or repurchase price per GDR shall be the dollar equivalent of the per share amount
received by the Depositary (adjusted to reflect the GDR(s)-to-Share(s) ratio) upon the redemption
or repurchase of the Deposited Shares represented by GDRs (subject to the terms of Section 4.6 of
the Deposit Agreement) and the applicable fees and charges of, and expenses incurred by, the
Depositary, and taxes) multiplied by the number of Deposited Shares represented by each GDR
redeemed or repurchased.

(24) Compliance with U.S. Securities Laws; Regulatory Compliance. Notwithstanding any
provisions in this Receipt or the Deposit Agreement to the contrary, the withdrawal or delivery of
Deposited Securities will not be suspended by the Company or the Depositary except as
would be permitted by Section I.A.(1) of the General Instructions to the Form F-6 Registration
Statement, as amended from time to time, under the Securities Act.

(25) Certain Rights of the Depositary; Limitations. Subject to the further terms and
provisions of this Article (24), the Depositary, its Affiliates and their agents, on their own
behalf, may own and deal in any class of securities of the Company and its Affiliates and in ADSs.
The Depositary may issue ADSs against evidence of rights to receive Shares from the Company, any
agent of the Company or any custodian, registrar, transfer agent, clearing agency or other entity
involved in ownership or transaction records in respect of the Shares. Such evidence of rights
shall consist of written blanket or specific guarantees of ownership of Shares furnished on behalf
of the holder thereof. In its capacity as Depositary, the Depositary shall not lend Shares or
ADSs; provided, however, that the Depositary may (i) issue ADSs prior to the receipt of Shares
pursuant to Section 2.3 of the Deposit Agreement and (ii) deliver Shares prior to the receipt and
cancellation of ADSs which were issued under

58

 

(i) above but for which Shares may not yet have been
received (each such transaction a “Pre-Release Transaction”). The Depositary may receive ADSs in
lieu of Shares under (i) above and receive shares in lieu of ADSs under (ii) above. Each such
Pre-Release Transaction will be (a) accompanied by or subject to a written agreement whereby the
person or entity (the “Applicant”) to whom ADSs or Shares are to be delivered (1) represents that
at the time of the Pre-Release Transaction the Applicant or its customer owns the Shares or ADSs
that are to be delivered by the Applicant under such Pre-Release Transaction, (2) agrees to
indicate the Depositary as owner of such Shares or ADSs in its records and to hold such Shares or
ADSs in trust for the Depositary until such Shares or ADSs are delivered to the Depositary or the
Custodian, (3) unconditionally guarantees to deliver to the Depositary or the Custodian, as
applicable, such Shares or ADSs and (4) agrees to any additional restrictions or requirements that
the Depositary deems appropriate, (b) at all times fully collateralized with cash, United States
government securities or such other collateral as the Depositary deems appropriate, (c) terminable
by the Depositary on not more than five business days’ notice (save for a prescribed termination
event in which case any such Pre-Release Transaction may be immediately terminable by the
Depositary) and (d) subject to such further indemnities and credit regulations as the Depositary
deems appropriate. The Depositary will normally limit the number of ADSs and Shares involved in
such Pre-Release Transactions at any one time to 30% of the ADSs outstanding (without giving effect
to ADSs outstanding pursuant to any Pre-Release Transaction under (i) above), provided,
however, that the Depositary reserves the right to change or disregard such limit from time
to time as it deems appropriate. The Depositary may also set limits with respect to the number of
ADSs and Shares involved in Pre-Release Transactions with any one person on a case by case basis as
it deems appropriate.

The Depositary may retain for its own account any compensation received by it in conjunction with
the foregoing. Collateral provided pursuant to (b) above, but not the earnings thereon, shall be
held for the benefit of the Holders (other than the Applicant).

(26) Ownership Restrictions. Owners and Beneficial Owners shall comply with any
limitations on ownership of Shares under the Memorandum and Articles of Association or applicable
Cayman Islands law as if they held the number of Shares their American Depositary Shares represent.
The Company shall inform the Owners, Beneficial Owners and the Depositary of any such ownership
restrictions in place from time to time.

(27) Waiver. EACH PARTY TO THE DEPOSIT AGREEMENT (INCLUDING, FOR AVOIDANCE OF DOUBT, EACH
HOLDER AND BENEFICIAL OWNER AND/OR HOLDER OF INTERESTS IN THE ADRs) HEREBY IRREVOCABLY WAIVES, TO
THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY
SUIT, ACTION OR PROCEEDING AGAINST THE DEPOSITARY AND/OR THE COMPANY DIRECTLY OR INDIRECTLY ARISING
OUT OF OR RELATING TO THE SHARES OR OTHER DEPOSITED SECURITIES, THE ADSs OR THE ADRs, THE DEPOSIT
AGREEMENT OR ANY TRANSACTION CONTEMPLATED HEREIN OR THEREIN, OR THE BREACH HEREOF OR THEREOF
(WHETHER BASED ON CONTRACT, TORT, COMMON LAW OR ANY OTHER THEORY).

59

 

(ASSIGNMENT AND TRANSFER SIGNATURE LINES)

FOR VALUE RECEIVED, the undersigned Holder hereby sell(s), assign(s) and transfer(s) unto
                         
               
 whose taxpayer identification number is                    
                  
    and whose address including postal zip code is                
                         , the within Receipt and all
rights thereunder, hereby irrevocably constituting and appointing                    
                     
attorney-in-fact to transfer said Receipt on the books of the Depositary with full power of
substitution in the premises.

     

	 	 	 	 	 
	Dated:
	 	 	 	Name: ________________________________________________
	 
	 	By:
Title:	 	 
	 
	 	 	 	 
	 

	 	 	 	NOTICE: The signature of the Holder to this
assignment must correspond with the name as written
upon the face of the within instrument in every
particular, without alteration or enlargement or any
change whatsoever.
	 
	 	 	 	 
	 

	 	 	 	If the endorsement be executed by an attorney,
executor, administrator, trustee or guardian, the
person executing the endorsement must give his/her
full title in such capacity and proper evidence of
authority to act in such capacity, if not on file
with the Depositary, must be forwarded with this
Receipt.

SIGNATURE GUARANTEED

 

60

 

	 	 	 	 	 	 	 	 	 
	ARTICLE I.

	 	DEFINITIONS
	 	 	1	 
	 

	 	SECTION 1.1
	 	“Affiliate\
	 	 	1	 
	 

	 	SECTION 1.2
	 	“Agent\
	 	 	1	 
	 

	 	SECTION 1.3
	 	“American Depositary Share(s)” and “ADS(s)\
	 	 	2	 
	 

	 	SECTION 1.4
	 	“Article\
	 	 	2	 
	 

	 	SECTION 1.5
	 	“Articles of Association\
	 	 	2	 
	 

	 	SECTION 1.6
	 	“ADS Record Date\
	 	 	2	 
	 

	 	SECTION 1.7
	 	“Beneficial Owner\
	 	 	2	 
	 

	 	SECTION 1.8
	 	“Business Day\
	 	 	2	 
	 

	 	SECTION 1.9
	 	“Commission\
	 	 	2	 
	 

	 	SECTION 1.10
	 	“Company\
	 	 	2	 
	 

	 	SECTION 1.11
	 	“Corporate Trust Office\
	 	 	2	 
	 

	 	SECTION 1.12
	 	“Custodian\
	 	 	2	 
	 

	 	SECTION 1.13
	 	“Deliver” and “Delivery\
	 	 	3	 
	 

	 	SECTION 1.14
	 	“Deposit Agreement\
	 	 	3	 
	 

	 	SECTION 1.15
	 	“Depositary\
	 	 	3	 
	 

	 	SECTION 1.16
	 	“Deposited Securities\
	 	 	3	 
	 

	 	SECTION 1.17
	 	“Dollars” and “$\
	 	 	3	 
	 

	 	SECTION 1.18
	 	“DRS/Profile\
	 	 	3	 
	 

	 	SECTION 1.19
	 	“DTC\
	 	 	3	 
	 

	 	SECTION 1.20
	 	“Exchange Act\
	 	 	3	 
	 

	 	SECTION 1.21
	 	“Foreign Currency\
	 	 	3	 
	 

	 	SECTION 1.22
	 	“Foreign Registrar\
	 	 	3	 
	 

	 	SECTION 1.23
	 	“Holder\
	 	 	3	 
	 

	 	SECTION 1.24
	 	“Indemnified Person” and “Indemnifying Person\
	 	 	4	 
	 

	 	SECTION 1.25
	 	“Memorandum\
	 	 	4	 
	 

	 	SECTION 1.26
	 	“Opinion of Counsel\
	 	 	4	 
	 

	 	SECTION 1.27
	 	“Pre-Release Transaction\
	 	 	4	 
	 

	 	SECTION 1.28
	 	“Receipt(s); “American Depositary Receipt(s)”;
and “ADR(s)\
	 	 	4	 
	 

	 	SECTION 1.29
	 	“Registrar\
	 	 	4	 
	 

	 	SECTION 1.30
	 	“Restricted ADRs\
	 	 	4	 
	 

	 	SECTION 1.31
	 	“Restricted ADSs\
	 	 	4	 
	 

	 	SECTION 1.32
	 	“Restricted Securities\
	 	 	4	 
	 

	 	SECTION 1.33
	 	“Restricted Shares\
	 	 	4	 
	 

	 	SECTION 1.34
	 	“Securities Act\
	 	 	5	 
	 

	 	SECTION 1.35
	 	“Shares\
	 	 	5	 
	 

	 	SECTION 1.36
	 	“United States” or “U.S.\
	 	 	5	 
	ARTICLE II.

	 	APPOINTMENT OF DEPOSITARY; FORM OF RECEIPT; DEPOSIT OF SHARES;
EXECUTION AND DELIVERY, TRANSFER AND SURRENDER OF RECEIPTS	 	 	5	 
	 

	 	SECTION 2.1
	 	Appointment of Depositary
	 	 	5	 
	 

	 	SECTION 2.2
	 	Form and Transferability of Receipts
	 	 	5	 
	 

	 	SECTION 2.3
	 	Deposits
	 	 	7	 
	 

	 	SECTION 2.4
	 	Execution and Delivery of Receipts
	 	 	8	 
	 

	 	SECTION 2.5
	 	Transfer of Receipts; Combination and Split-up of
Receipts
	 	 	9	 
	 

	 	SECTION 2.6
	 	Surrender of Receipts and Withdrawal of Deposited
Securities
	 	 	9	 

 

 

	 	 	 	 	 	 	 	 	 
	 

	 	SECTION 2.7
	 	Limitations on Execution and Delivery, Transfer, etc. of
Receipts; Suspension of Delivery, Transfer, etc.
	 	 	11	 
	 

	 	SECTION 2.8
	 	Lost Receipts, etc.
	 	 	11	 
	 

	 	SECTION 2.9
	 	Cancellation and Destruction of Surrendered Receipts;
Maintenance of Records
	 	 	11	 
	 

	 	SECTION 2.10
	 	Pre-Release
	 	 	12	 
	 

	 	SECTION 2.11
	 	Restricted ADSs
	 	 	12	 
	 

	 	SECTION 2.12
	 	Maintenance of Records
	 	 	14	 
	ARTICLE III.

	 	CERTAIN OBLIGATIONS OF HOLDERS AND BENEFICIAL OWNERS OF RECEIPTS
	 	 	14	 
	 

	 	SECTION 3.1
	 	Proofs, Certificates and Other Information
	 	 	14	 
	 

	 	SECTION 3.2
	 	Liability for Taxes and Other Charges
	 	 	14	 
	 

	 	SECTION 3.3
	 	Representations and Warranties on Deposit of Shares
	 	 	15	 
	 

	 	SECTION 3.4
	 	Compliance with Information Requests
	 	 	15	 
	ARTICLE IV

	 	THE DEPOSITED SECURITIES.
	 	 	16	 
	 

	 	SECTION 4.1
	 	Cash Distributions
	 	 	16	 
	 

	 	SECTION 4.2
	 	Distribution in Shares
	 	 	16	 
	 

	 	SECTION 4.3
	 	Elective Distributions in Cash or Shares
	 	 	17	 
	 

	 	SECTION 4.4
	 	Distribution of Rights to Purchase Shares
	 	 	18	 
	 

	 	SECTION 4.5
	 	Distributions Other Than Cash, Shares or Rights to
Purchase Shares
	 	 	19	 
	 

	 	SECTION 4.6
	 	Conversion of Foreign Currency
	 	 	20	 
	 

	 	SECTION 4.7
	 	Fixing of Record Date
	 	 	21	 
	 

	 	SECTION 4.8
	 	Voting of Deposited Securities
	 	 	21	 
	 

	 	SECTION 4.9
	 	Changes Affecting Deposited Securities
	 	 	23	 
	 

	 	SECTION 4.10
	 	Available Information
	 	 	24	 
	 

	 	SECTION 4.11
	 	Reports
	 	 	24	 
	 

	 	SECTION 4.12
	 	List of Holders
	 	 	24	 
	 

	 	SECTION 4.13
	 	Taxation; Withholding
	 	 	24	 
	 

	 	SECTION 4.14
	 	Repurchase and Redemption
	 	 	25	 
	ARTICLE V.

	 	THE DEPOSITARY, THE CUSTODIAN AND THE COMPANY
	 	 	26	 
	 

	 	SECTION 5.1
	 	Maintenance of Office and Transfer Books by the
Registrar
	 	 	26	 
	 

	 	SECTION 5.2
	 	Exoneration
	 	 	27	 
	 

	 	SECTION 5.3
	 	Standard of Care
	 	 	27	 
	 

	 	SECTION 5.4
	 	Resignation and Removal of the Depositary; Appointment of
Successor Depositary
	 	 	28	 
	 

	 	SECTION 5.5
	 	The Custodian
	 	 	29	 
	 

	 	SECTION 5.6
	 	Notices and Reports
	 	 	30	 
	 

	 	SECTION 5.7
	 	Issuance of Additional Shares, ADSs etc.
	 	 	31	 
	 

	 	SECTION 5.8
	 	Indemnification
	 	 	32	 
	 

	 	SECTION 5.9
	 	Fees and Charges of Depositary
	 	 	33	 
	 

	 	SECTION 5.10
	 	Restricted Securities Owners/Ownership Restrictions
	 	 	34	 
	ARTICLE VI.

	 	AMENDMENT AND TERMINATION
	 	 	34	 
	 

	 	SECTION 6.1
	 	Amendment/Supplement
	 	 	34	 
	 

	 	SECTION 6.2
	 	Termination
	 	 	35	 
	ARTICLE VII.

	 	MISCELLANEOUS
	 	 	36	 
	 

	 	SECTION 7.1
	 	Counterparts
	 	 	36	 

62

 

	 	 	 	 	 	 	 	 	 
	 

	 	SECTION 7.2
	 	No Third-Party Beneficiaries
	 	 	36	 
	 

	 	SECTION 7.3
	 	Severability
	 	 	36	 
	 

	 	SECTION 7.4
	 	Holders and Beneficial Owners as Parties; Binding
Effect
	 	 	37	 
	 

	 	SECTION 7.5
	 	Notices
	 	 	37	 
	 

	 	SECTION 7.6
	 	Governing Law and Jurisdiction
	 	 	37	 
	 

	 	SECTION 7.7
	 	Assignment
	 	 	39	 
	 

	 	SECTION 7.8
	 	Agents
	 	 	39	 
	 

	 	SECTION 7.9
	 	Exclusivity
	 	 	39	 
	 

	 	SECTION 7.10
	 	Compliance with U.S. Securities Laws
	 	 	39	 
	 

	 	SECTION 7.11
	 	Titles
	 	 	39	 
	EXHIBIT A

	 	 	 	 	 	 	41	 
	EXHIBIT B

	 	 	 	 	 	 	49	 

63

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00186-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00186-of-00352.parquet"}]]