Invitation To Bid

Subject: Five ATR72-500 aircrafts for Sale
Date: March 2, 2010
To Whom it may concern

Dear Sir or Madam:
China Southern Airlines Company Limited will perform its own five ATR72-500 aircrafts for sale, We would like to invite interested parties to participate in this bidding.

Participants are required to pay a bidding deposit at US dollar five hundred thousand (500,000) as its proposal is submitted. The bidding deposit will become non-refundable after Letter of Intent signed. Bidding Proposal shall be submitted before the deadline of May 31, 2010.

All correspondences should be addressed to :

Mr. Brown Zhong
Project Manager, Planning & Development Division,
China Southern Airlines Company Limited
Tel: 8620-86112835, Fax: 8620-86134101,
Email: zhongcheng@csair.com

Your Sincerely,

Liu Dejun
GM, Planning & Development Division, CSA