The shareholders of Green Energy Group Limited (SEHK:979) authorized a share repurchase program at its Annual General Meeting on June 2, 2011. Under the program, the company will repurchase up to 44,303,217 shares, representing 10% of the issued share capital of the company. Any repurchase will be made out of funds which are legally available for the purpose in accordance with the memorandum of association and bye-laws of the company and the Companies Act. The repurchases will be made on The Stock Exchange of Hong Kong Limited or on any other stock exchange on which the shares of the company may be listed and recognized by the Securities and Futures Commission. The authorization will expire on whichever is the earlier of the conclusion of the next annual general meeting of the Company, the expiration of the period within which the next annual general meeting of the Company is required by the bye-laws of the company or any applicable laws to be held or the revocation or variation of the authority given under this Resolution by an ordinary resolution of the shareholders of the company in general meeting. As of June 2, 2011, the company has 443,032,176 shares in issue. Till April 18, 2012, the company has made no repurchase of own share. Green Energy Group Limited's share repurchase program expired on May 21, 2012.