AUGUST 17TH, 2012

China Southern: The surplus parts of MD90 for sale

We are delighted to advise you that China Southern Airlines Company Limited (CSA) , one of the most esteemed companies, would like to sell our spare parts package as attached in this Letter.

We hope any customer could participate this spare parts sale. We should express our gratitude if you can present your offer subject to our terms and conditions setting forth as
follows:

1. Spare Parts Package (the “Package”) to be sold: the detailed part number, description, quantity, certification status as attached in this Letter

2. Delivery condition: The delivery condition is “as is , where is” condition. CSA will provide all available FAA or EASA or CAAC or CSA tags and documents.

3. Your offer shall be in USD currency and the Package shall be delivered under Ex Works CSA Warehouse (INCOTERM 2000). The spare parts packaging, transportation and insurance will all be responsible by the buyer.

4. Term of payment: USD20, 000.00 shall be transferred to the account number of CSA ( the “Account”)after your offer is accepted by CSA. Such USD 20,000.00 will be considered as non-refundable deposit. The balance payment shall be paid before the Package leaving CSA warehouse.

5. Date of inspection and delivery: The inspection date would be any date after the offer is accepted by CSA and the non-refundable deposit USD 20,000.00 fully received by CSA. The delivery date would be any date after the full purchase price is received by
CSA.

6. Place of inspection: CSA warehouse, Senyang, PR China.

7. Acceptable discrepancy : 5% discrepancy of the price of the Package is acceptable by the customer. If the discrepancy rate is above 5%, CSA would consider a compensation for the discrepancy above 5% by a mutually acceptable way.

8. Your offer shall be received by CSA by September 10th,2012( after such time shall be consider your offer null and void) and valid till March 10th,2013.

9. This Letter is governed by the law of P.R China. Any dispute in respect of this Letter shall be submitted to Senyang Arbitration Association.

10. If you agree with the above conditions, please enclose your offer in a sealed envelope and send to the following address by air mail before September 10th,2012.