Central Development Holdings Limited — Board/Management Information 2004

Feb 17, 2004

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SEAPOWER RESOURCES INTERNATIONAL LIMITED （凱暉國際實業有限公司） [*]

(Incorporated in the Cayman Islands with limited liability)

APPOINTMENT OF DIRECTORS

The Board of directors of Seapower Resources International Limited (the “Company”) would like to announce that Messrs. Tsang Kam Ching and Zhao Ming have been appointed as Executive Directors of the Company with effect from 17 February 2004.

By Order of the Board Seapower Resources International Limited Kenneth Chan Director

17 February 2004

• For identification only

Please also refer to the published version of this announcement in The Standard.

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