CWT International Limited — Proxy Solicitation & Information Statement 2007

Dec 9, 2007

,

==> picture [61 x 60] intentionally omitted <==

SINOFERT HOLDINGS LIMITED

*

(Incorporated in Bermuda with limited liability)

(Stock Code: 297)

FORM OF PROXY

Form of proxy for use by shareholders at the Special General Meeting (the “Meeting”) of Sinofert Holdings Limited (the “Company”) to be held at Lounge, Mezzanine Floor, Grand Hyatt Hong Kong, 1 Harbour Road, Hong Kong on 28 December 2007 at 9:40 a.m. (or immediately after the conclusion or adjournment of the special general meeting of the Company scheduled to be convened on the same day at 9:30 a.m. at the same venue, whichever is the later)

I/We [(Note][a)]

being the registered holder(s) of

ordinary shares [(Note][b)] of HK$0.10 each in the capital of the Company, HEREBY APPOINT THE CHAIRMAN OF THE MEETING [(Note][c)] or

of

as my/our proxy to vote and act for me/us at the Meeting and at any adjourned meeting as directed below or, if no such indication is given, as my/our proxy thinks fit [(Note][d)] .

FOR [(Note][d)] AGAINST [(Note][d)] 1. To approve the Acquisition Agreement and the Purchaser’s Undertaking (each as defined in the circular to the shareholders of the Company dated 10 December 2007), the transactions contemplated thereunder and associated matters. 2. To approve the Subscription Agreement (as defined in the circular to the shareholders of the Company dated 10 December 2007), the transactions contemplated thereunder and associated matters.

Dated this day of 2007.

Shareholder’s signature [(Notes][f][and][g)]

Notes:

• (a) Full name(s) and address(es) to be inserted in BLOCK CAPITALS.

• (b) Please insert the number of shares registered in your name(s). If no number is inserted, this form of proxy will be deemed to relate to all the shares in the Company registered in your name(s).

• (c) If any proxy other than the Chairman is preferred, strike out “THE CHAIRMAN OF THE MEETING or” and insert the name and address of the proxy desired in the space provided. ANY ALTERATION MADE TO THIS FORM OF PROXY MUST BE INITIALLED BY THE PERSON WHO SIGNS IT.

• (d) IMPORTANT: IF YOU WISH TO VOTE FOR A RESOLUTION, TICK THE APPROPRIATE BOX MARKED “FOR”. IF YOU WISH TO VOTE AGAINST A RESOLUTION, TICK THE APPROPRIATE BOX MARKED “AGAINST”. Failure to tick any box will entitle your proxy to cast his vote at his discretion. Your proxy will also be entitled to vote at his discretion on any resolution properly put to the Meeting other than those referred to in the notice convening the Meeting.

• (e) The full text of these resolutions appear in the notice of the Meeting dated 10 December 2007.

• (f) This form of proxy must be signed by you or your attorney duly authorised in writing or, in the case of a corporation, must be either under its common seal or under the hand of an officer or attorney duly authorised.

• (g) Where there are joint registered holders of a share of the Company, any one of such holders may vote at the Meeting either personally or by proxy in respect of such share as if he was solely entitled thereto, but if more than one of such holders be present at the Meeting personally or by proxy, that one of such holders so present whose name stands first on the register of members of the Company in respect of such share shall alone be entitled to vote in respect thereof.

• (h) To be valid, this form of proxy, together with the power of attorney (if any) or other authority (if any) under which it is signed or a notarially certified copy thereof, must be deposited with the branch share registrar and transfer office of the Company in Hong Kong, Tricor Secretaries Limited, 26th Floor, Tesbury Centre, 28 Queen’s Road East, Hong Kong, not less than 48 hours before the time appointed for holding the Meeting. Completion and return of the proxy will not preclude you from attending and voting in person should you so wish. In the event that you attend the Meeting after having lodged this form of proxy, the form of proxy will be deemed to have been revoked.

• (i) The proxy need not be a member of the Company but must attend the Meeting in person to represent you.

* For identification purpose only