China Eastern Airlines announcement implementation result

Reference is made to the announcement of China Eastern Airlines Corporation Limited (the "Company") dated 10 July 2009 in relation to, inter alia, the absorption of Shanghai Airlines and the circular of the Company dated 25 August 2009 in relation to the absorption of Shanghai Airlines (the "Circular"). Terms used herein shall have the same meanings as ascribed to them in the Circular.

Approval granted under Zheng Jian Xu Ke [2009] No. 1483 by CSRC in relation to the Company's application for the absorption of Shanghai Airlines through the exchange of A Shares was received, and the exchange of A Shares has been completed on 28 January 2010.

After the absorption of Shanghai Airlines through the exchange of A Shares, the total issued share capital of the Company was enlarged by 1,694,838,860 Shares to 11,276,538,860 Shares.

The shareholding structure of the Company prior to and after the absorption through the exchange of A Shares is set out as follows:

Refer to full documentation in attachments box, located at the top left, below the headline.