China Petroleum

1
China Petroleum Chemical CorporationQ1-Q3 2007
Results Announcement
October 30, 2007 Beijing
2
Disclaimer
As required by the CSRC, financial statements of
the first three quarters of Sinopec Corp. (the
Company) were prepared under the PRC Accounting
Standards for Business Enterprises. The Company
has adjusted part of the financial data in
accordance with the International Financial
Reporting Standards hereby for the reference of
international investors. Financial data of the
first three quarters contained in the
presentation and presentation materials are
unaudited. This presentation and the presentation
materials distributed herein include
forward-looking statements. All statements, other
than statements of historical facts, that address
activities, events or developments that Sinopec
Corp. expects or anticipates will or may occur in
the future (including but not limited to
projections, targets, estimates and business
plans) are forward-looking statements. Sinopec
Corp.'s actual results or developments may differ
materially from those indicated by these
forward-looking statements as a result of various
factors and uncertainties, including but not
limited to price fluctuations, actual demand,
exchange rate fluctuations, exploration and
development outcomes, estimates of proven
reserves, competition, environmental risks,
changes in legal, financial and regulatory
frameworks, international economic and financial
market conditions, political risks, project
delay, project approval, cost estimates and other
risks and factors beyond our control. In
addition, Sinopec Corp. makes the forward-looking
statements referred to herein as of today and
undertakes no obligation to update these
statements.
3
Market Environment in Q1-Q3
?????????

• Chinas economy maintained its rapid growth, with
  GDP rising 11.5 in Q1-Q3
• Domestic demand for refined oil products and
  chemical products grew steadily
• International crude oil prices kept increasing
• Price controls on refined oil products remained
  in effect
• Chemical prices remained high

4
Profit Growth
5
Financial Position
6
EP Operational Summary
Note 1 tonne 7.1 barrels,1 cubic meter 35.31
cubic feet
7
Refining Operational Summary
8
Refining Segment Performance
Refining Margin / Cash Operating Cost
EBIT of Refining Segment
Cash Operating Cost (RMB/tonne)
Refining Margin (RMB/tonne)
RMB million
9
Marketing Operational Summary
10
Marketing Segment Performance
RON 90 Gasoline Guidance Price
EBIT of Marketing Segment
RMB/Tonne
RMB million
0 Diesel Guidance Price
RMB/Tonne
11
Chemicals Operational Summary
Note 100 production from YPC-BASF and
Shanghai-Secco included.
12
Chemicals Segment Performance
EBIT of Chemicals Segment
RMB million
13
Capital Expenditure

• Exploration and Production RMB 30.807 billion.
  Newly built production capacity of crude oil and
  natural gas was 4.51 million tonnes per year and
  0.985 billion cubic meters per year respectively
• Refining RMB12.178 billion. The refinery
  revamping project in Yanshan completed The
  refinery Projects in Qingdao, Luoyang, Wuhan,
  Gaoqiao and crude oil pier progressed smoothly
• Marketing RMB 7.948 billion. Construction and
  acquisition of gas stations in key areas
  continued with 547 newly added stations, the
  marketing network got improved
• Chemicals RMB 7.207 billion. Construction of
  Maoming ethylene expansion project, Shanghai
  glycol project and Yangzi-Jinpu styrene-butadiene
  rubber projects completed. Ethylene projects of
  Tianjin,Zhenhai and Fujian, as well as other
  projects proceeded on schedule.
• Corporate Others RMB 1.770 billion

Q1-Q3 2007 Capex RMB59.910 bn
RMB million
14
For Further Information
http//www.sinopec.com
Media Relations Tel [phone] Fax
(8610) 64990093 Email media_at_sinopec.com
Investor Relations Beijing Tel [phone]
Fax [phone] Email ir_at_sinopec.com Hong
Kong Tel [phone] Fax (852)
28243669 Email ir_at_sinopechk.com New York Tel
[phone] Fax [phone] Email
fangzq_at_sinopecusa.com