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LENOVO SAYS IT MADE NO CONCESSION TO US AUTHORITIES

AsiaInfo Services, March, 2005

AsiaInfo Services 03-11-2005 Lenovo Says It Made No Concession to US Authorities BEIJING, Mar 11, 2005 (SinoCast via COMTEX) -- IBM and Lenovo announced on March9 that the investigation on the deal by Committee on Foreign Investments in the United States (CFIUS) has accomplished aheadof the schedule. Yang Yuanqing, chairman at Lenovo, denied in public the widespread rumor that the Chinese company has yielded to US authorities in the course of the investigation. No changes have taken place either on terms of the agreement orvalue of the deal, added Mr.

Yang. Over the coming years, Lenovo will continue to provide US customers with best-quality products and sincere services undercurrent business model, Yang said. So far, no barriers have been set for...

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