China Southern Airlines Announces the Resignation of Mr. Wang Chang Shun; Announces Proposed Election of Mr. Si Xian Min as New President.

GUANGZHOU, China -- The board of directors (the "Board") of China Southern Airlines Company Limited (the "Company") (NYSE:ZNH)(HKSE:1055)(SHA:600029) hereby announces that on Thursday, October 28, 2004, the Board, in compliance with the requirements under the Company Law of China and the Articles of Association of the Company, considered and approved by written confirmation the following resolutions:

a.  The proposed resignation of Mr. Wang Chang Shun as the
        President of the Company;

    b.  The proposed election of Mr. Si Xian Min as the President
        of the Company, as nominated by China Southern Air Holding
        Company in accordance with the Articles of Association of the
        Company; and

    c.  The proposed invitation to the shareholders of the Company
        to consider and approve at the second extraordinary general
        meeting of the Company in 2004 (i) the proposed resignation of
        Mr. Wang Chang Shun as a director of the Company and (ii) the
        proposed election of Mr. Si Xian Min, as nominated by China
        Southern Air Holding Company in accordance with the Articles
        of Association of the Company, as a director of the fourth
        session of the Board of the Company (the biography of Mr. Si
        Xian Ming is below).

As at the date of this notice, the Directors of the Company include Yan Zhi Qing, Liu Ming Qi, Wang Chang Shun, Peng An Fa, Wang Quan Hua, Zhao Liu An, Zhou Yong Qian, Zhou Yong Jin, Xu Jie Bo and Wu Rong Nan as executive Directors; and Simon To, Peter Lok, Wei Ming Hai, Wang Zhi and Sui Guang Jun as independent non-executive Directors.

Brief Biography of the Nominated Director

Mr. Si Xian Min was born in November 1957 and graduated from No. 14 Aviation College as an aircraft piloting major with an associate's degree. A professional political tutor, he began his career in civil aviation in 1975. He has held positions as Deputy Director and Director of the political division of China Southern Airlines Henan Branch in 1992-1998, and Party Secretary and Vice President of Guizhou Airlines in 1998-2000. From 2000 to July 2003, Mr. Si served as Deputy Party Secretary of China Southern Airlines Company Limited. From 2002 to July 2003, he served concurrently as Secretary of the Disciplinary Department of China Southern Airlines Company Limited. He has been Party Secretary of China Northern Airlines since 2003.

Mr. Si Xian Min has no interests or short positions in the shares, underlying shares or debentures of the Company or its associated corporations (within the meaning of Part XV of the Securities and Futures Ordinance) which is notifiable to the Company and The Hong Kong Stock Exchange of Hong Kong Limited pursuant to the Securities and Futures Ordinance (including interests or short positions which are taken or deemed to have under such provisions of the Securities and Futures Ordinance) or required to be recorded in the register maintained by the Company pursuant to Section 352 of the Securities and Futures Ordinance or which is notifiable to the Company and The Hong Kong Stock Exchange Limited pursuant to the "Model Code for Securities Transactions by Directors of the Listed Companies" in Schedule 10 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.