Announcement Of The First Provisional Shareholders' Meeting Held In 2010

　　 Securities code 002269: Securities abbreviation: American Apparel Announcement number: G20101116002

Shanghai Metersbonwe clothing Limited by Share Ltd's reminder notice on the first provisional shareholders meeting held in 2010

All members of the board guarantee the authenticity, accuracy and completeness of the announcement, and are jointly and severally liable for false statements, misleading statements or major omissions of the announcement.

The twenty-fifth meeting of the first board of directors of the company decided to convene the first provisional shareholders' meeting in 2010. The notice of the meeting was issued in October 28, 2010.

Convenor: the first session of the company Board of directors

Two, meeting time:

The meeting time is on November 16, 2010 (Tuesday) at 9:30 a.m.

Internet voting time: November 15, 2010 -2010 November 16th. Among them, the time for online voting through the Shenzhen stock exchange trading system is November 16, 2010 9:30-11:30 a.m., 13:00-15:00 p.m., and the specific time for voting through the Shenzhen Stock Exchange Internet system is from 15:00 a.m. to 15:00 p.m. on November 15, 2010.

Three, on-site meeting place: conference room, 3rd floor, 800 Cambridge East Road, Pudong New Area, Shanghai.

Four. Voting mode of shareholders' meeting:

(1) on-site voting: including my attendance and authorizing others to attend by completing the power of attorney.

(2) Internet voting: the company will provide a voting platform for shareholders through the Shenzhen stock exchange trading system and the Internet voting system. The shareholders of the company shall vote through the trading system of the Shenzhen stock exchange or the Internet voting system within the relevant time limit specified in this notice.

(3) entrust an independent director to vote: see the report on the voting rights of the independent directors of Shanghai Metersbonwe clothing and Limited by Share Ltd at the same time as announced by the shareholders' notice at the same time.

Shareholders of a company can only choose one way of voting, such as on-site voting, online voting or other voting methods that meet the requirements. If a duplicate voting is held in the same voting right, the first valid voting result shall prevail.

Five. The meeting deliberated on the motion:

1, to consider the motion on the revised Metersbonwe stock Limited by Share Ltd stock option incentive plan (Draft) of Shanghai.

2. Deliberate on the motion to invite shareholders' meetings to authorize the board of directors to handle matters related to the stock option incentive plan of the company.

3, to consider the motion on the management of stock option incentive plans.

4, to consider the motion on the election of the board of directors of the company.

5. Consideration of the motion on Amending the rules of procedure of the board of directors.

6, to consider the motion on the election of the board of supervisors of the company.

The above 1 motions were considered and approved by the twenty-fourth meeting of the first board of directors of the company and the fourteenth meeting of the first board of supervisors; the motion 2 was deliberated and adopted by the twentieth session of the first board of directors of the company; 3 motions were considered and approved by the twentieth meeting of the first board of directors of the company and the eleventh meeting of the first board of supervisors; the motion 4 was examined and approved by the first meeting of the first board of directors of the company; the motion was considered and approved by the first meeting of the first board of directors of the company; and the motion was deliberated and approved by the first meeting of the board of supervisors of the company.

Motions one or two, three and five must be voted upon by the shareholders of the voting group (including the shareholders' agents), and the votes above 2/3 shall be effective after the vote is passed.

Bill four and bill six will be voted through by cumulative voting. Relevant personnel resumes have been disclosed in the corresponding resolutions of the board of directors and board of supervisors. The qualification and independence of candidates for independent directors must be submitted to the first provisional shareholders' meeting in 2010 after being examined by the Shenzhen stock exchange without objection.

Six. Attendance at meetings:

1. Directors, supervisors, senior managers, and lawyers with qualifications.

2, as of the end of November 10, 2010 at 15:00 p.m., after the end of the transaction, all shareholders of the company registered in the China Securities Depository and Clearing Co., Ltd. Shenzhen branch may entrust an agent to attend the meeting and vote. The agent of the shareholder shall not be the shareholder of the company.

Seven. Registration matters:

1, registration time: November 11, 2010 (Thursday), 8:30 am to 17:00 PM;

2, registration location: Office of board of directors, 800 Cambridge East Road, Pudong New Area, Shanghai;

Contact: Xu Bin: 021-38119999

Fax: 021-38119997 zip code: 201319

3, registration method: shareholders attending this meeting will be held from 8:30 a.m. to 12:00 p.m. on November 11, 2010, to hold shareholder's account and personal ID card; the authorized representative shall hold his identity card, letter of attorney, client's shareholder's account card and client's identity card; the legal shareholder shall hold a copy of the business license, a letter of attorney from the legal representative, and a person's identity card to the company to register. Foreign shareholders can be registered by letter or fax. (letter or fax will arrive at our company before 17 November 11th. Please confirm the letter and fax by telephone. )

Eight. Independent director's authorization to vote.

According to the relevant provisions of the China Securities Regulatory Commission's "equity incentive management measures for listed companies (Trial Implementation)", the shareholders' meeting of a listed company shall consider the stock option incentive plan, and the independent directors of the listed company shall collect the right to vote to all shareholders of the company.

Therefore, according to this method and the entrustment of other independent directors, Mr. Xue Yunkui, an independent director of the company, has issued a letter of attorney for soliciting the right to vote (the letter of authorization of the independent director's solicitation of voting power) to collect the right to vote for shareholders. For the independent director's power of attorney to collect the right to vote, see the report on the right to vote of the independent directors of Metersbonwe clothing Limited by Share Ltd of Shanghai with the announcement of the shareholders' meeting at the same time.

Mr. Xue Yunkui, the company's independent director, intends to vote on the relevant motions in this notice at this extraordinary shareholder meeting. Please complete the letter of authorization for the independent director of the Shanghai Metersbonwe clothing Limited by Share Ltd to collect the right to vote and serve it before the deadline of the current meeting.

Nine, other matters: This shareholders' meeting does not provide any gifts; the expenses of board and lodging and transportation expenses of the shareholders attending the meeting are taken care of themselves.

Shanghai Metersbonwe apparel Limited by Share Ltd

Board of directors

November 11, 2010

Annex 1: power of attorney

Power of attorney

I hereby authorize (Mr. / Mrs.) to represent myself (this unit) to attend the first provisional shareholders' meeting of Metersbonwe clothing Limited by Share Ltd in Shanghai in 2010 and to exercise the right to vote.

Bill 1: motion on the revised draft stock option incentive plan for Shanghai Metersbonwe apparel Limited by Share Ltd.

1.1 determine the basis and scope of incentive objects.

I agree with you. I object to abstaining.

1.2 the stock source and stock number of the incentive plan

I agree with you. I object to abstaining.

1.3 incentive targets and allocation of options

I agree with you. I object to abstaining.

1.4 the validity period, the date of authorization, the date of feasibility and the period of sale of the incentive plan.

I agree with you. I object to abstaining.

1.5 the method of determining the exercise price and the exercise price of the stock option.

I agree with you. I object to abstaining.

1.6 the conditions and conditions of exercise of stock options.

I agree with you. I object to abstaining.

1.7 the adjustment method and procedure of the incentive plan.

I agree with you. I object to abstaining.

1.8 equity incentive accounting

I agree with you. I object to abstaining.

1.9 the company's granting of stock options and incentive procedures.

I agree with you. I object to abstaining.

1.10, the rights and obligations of the company and the incentive objects.

I agree with you. I object to abstaining.

1.11 change or termination of incentive plan

I agree with you. I object to abstaining.