ENM Holdings Limited — Proxy Solicitation & Information Statement 2011

Oct 12, 2011

SOUTH SEA PETROLEUM HOLDINGS LIMITED 南海石油控股有限公司 (Incorporated in Hong Kong with limited liability) (Stock Code: 076)

Form of Proxy for the Extraordinary General Meeting to be convened on 8 November 2011 at 11:00 a.m. at 21/F., The Center, 99 Queen’s Road Central, Hong Kong (or any adjournment thereof)

I/We[1]

of[1]

being the registered holder(s) of[2] shares of US$0.50 each in the capital of South Sea Petroleum Holdings Limited (the “Company”) HEREBY APPOINT[3] the Chairman of the meeting

or

of as my/our proxy to attend and vote for me/us and on my/our behalf at the Extraordinary General Meeting of the Company to be held at 21/F., The Center, 99 Queen’s Road Central, Hong Kong on 8 November 2011 at 11:00 a.m. (the “Meeting”) (or at any adjournment thereof) in respect of the resolution set out in the notice convening the Meeting (the “Notice”) as hereunder indicated, and, if no such indication is given, as my/our proxy thinks fit.

				SPECIAL RESOLUTION		FOR4	AGAINST4
To		approve	the	Capital Reduction
				ORDINARY RESOLUTION		FOR4	AGAINST4
To		approve	the	Increase in Authorised Capital

Dated this day of 2011 Signature(s)[6]

Notes:

1. Full name(s) and address(es) to be inserted in BLOCK CAPITALS . 2. 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 capital of the Company registered in your name(s). A member (holding two or more shares) entitled to attend and vote at the Meeting may appoint more than one proxy to attend and vote in his/her stead. If more than one proxy is appointed, please state clearly the number of shares represented by each proxy, total of which must not be more than the number of shares registered in your name. The Company reserves the right to invalidate this Form of Proxy should there be any discrepancy.

2. If any proxy other than the Chairman of the Meeting is preferred, delete the words “the Chairman of the meeting” 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 .

3. IMPORTANT: IF YOU WISH TO VOTE FOR ANY RESOLUTION, TICK IN THE BOX MARKED “FOR”. IF YOU WISH TO VOTE AGAINST ANY RESOLUTION, TICK IN THE BOX MARKED “AGAINST” . Failure to tick a box will entitle your proxy to cast your vote at his/her discretion. Your proxy will also be entitled to vote at his/her discretion on any resolution properly put to the Meeting other than those referred to in the Notice.

4. To be valid, this Form of Proxy together with the power of attorney or other authority (if any) under which it is signed or a notarially certified copy of such power of attorney or authority, must be deposited with the Company’s share registrar, Computershare Hong Kong Investor Services Limited at 46/F., Hopewell Centre, 183 Queen’s Road East, Hong Kong not less than 48 hours before the time fixed for holding the Meeting or adjourned meeting.

5. This Form of Proxy must be signed by you or your attorney duly authorised in writing or, in the case of a corporation, must either be executed under its common seal or under the hand of an officer or attorney or other person duly authorised.

6. Where there are joint registered holders of any share, any one of such persons may vote at the Meeting, either personally or by proxy, in respect of such share as if he were solely entitled thereto. If more than one of such joint holders is present at the Meeting, personally or by proxy, then one of the said persons so present whose name stands first on the Register of Members in respect of such share shall alone be entitled to vote in respect thereof.

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

8. Completion and return of this Form of Proxy will not preclude you from attending and voting at the Meeting if you wish to do so.