China Culture Resorts Holdings Inc (none)

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• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Activity signal Earnings

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TAY WILLIAM

Former Officer and Director

1 sale — total 32,943 USD

Sale 26 Jun 2007

Value US$2,133,376.75 | Price 16.89 | Shares 31,586

Abbreviations B: Buy, S: Sell, PP: Planned purchase, PlS: Planned sale, PrS: Proposed sale, O: Option / Other

Notification date	Transaction date	B/S Transaction type	Insider and/or position	Nb. shares Price Value	Number of shares	Price	Value	Details
2007-06-27	2007-06-26	S Sale	TAY WILLIAM Former Officer and Director	31,586 +49.9% 16.89 US$2,133,377	31,586 +49.9%	16.89	US$2,133,377

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