The board of Beijing Capital International Airport Company Limited announced that on January 10, 2013, the company entered into the leasing framework agreement with Property Management Centre, pursuant to which the company agreed to lease certain premises from Property Management Centre for a term of three years, commencing from January 1, 2013 to December 31, 2015. Pursuant to the leasing framework agreement, the company agreed to lease certain premises from Property Management Centre, including but not limited to the buildings which consist of office area of approximately 48,500 square meters, 287 car-parking spaces, dormitory area of approximately 12,000 square meters and canteen area of approximately 700 square meters and other premises to be leased from Property Management Centre for the daily operation of the company. The parties will enter into individual leasing contracts setting out specific terms of the leasing arrangements including the details of the relevant premises, the principles of rent determination, settlement method and payment terms. Such terms will be consistent with the principles and the terms of the leasing framework agreement.