United Envirotech

United Envirotech: 70% owned subsi has signed a contract for the acquisition, upgrading and expansion of a wastewater treatment plant in China. The design capacity of the plant is 10k cubic m per day for Phase I. The capacity will be expanded to 20k cubic m per day for Phase II and 50k cubic m for Phase III. The total invt for Phase I will be approx Rmb120m. Subsi will be granted a 30-year concession to operate the plant starting from the date of the completion of upgrading of Phase I