Trading of H Shares of China Eastern Airlines Corporation Limited in Hong Kong is Suspended

HONG KONG, May 31 /PRNewswire-FirstCall/ -- China Eastern Airlines Corporation Limited (the "Company"); (NYSE: CEA; SEHK: 0670; SSE: 600115), announces that, following a request made by the Company to the Stock Exchange of Hong Kong Limited, trading in its H shares has been suspended with effect from 9:47 a.m. on May 22, 2007 pending the release of an announcement of the Company, the nature of which is price-sensitive.

Trading in the Company's ADSs on the New York Stock Exchange has also been suspended with effect from 9:30 a.m. New York time on May 22, 2007.

Background Information:

China Eastern Airlines Corporation Limited is one of the three largest airliners in China. The Company was established as a joint stock limited company incorporated in the People's Republic of China on April 4, 1995. The Company successfully offered its American Depositary Shares ("ADSs") and H Shares in New York and Hong Kong, respectively, and its ADSs and H Shares were listed on the New York Stock Exchange, Inc. and The Stock Exchange of Hong Kong Limited on February 4, 1997 and February 5, 1997, respectively.

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