Enterprise Development Holdings Limited — Capital/Financing Update 2007

Feb 1, 2007

This announcement is for information purposes only and does not constitute an invitation or an offer to acquire, purchase or subscribe for securities.

The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

TAI-I INTERNATIONAL HOLDINGS LIMITED 台一國際控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(stock code: 1808)

STABILISING ACTIONS AND END OF STABILISING PERIOD

The Company announces that the Stabilising Period in connection with the Share Offer ended on 1 February 2007.

The Company has been advised by Polaris Capital as the stabilising manager on behalf of the Placing Underwriters that the stabilising actions (in compliance with the Securities and Futures (Price Stabilising) Rules) undertaken during the Stabilising Period were (i) overallocations of 22,500,000 Shares made in the Placing; and (ii) the purchase of 22,500,000 Shares in the secondary market in a price range of between HK$1.59 and HK$1.66 per Share. The last purchase in connection with the stabilising action in respect of 82,000 Shares was made on 12 January 2007 at HK$1.61 per Share.

Further, the Over-allotment Option in respect of 22,500,000 new Shares had not been exercised and lapsed on 27 January 2007.

Unless defined herein, capitalised terms used in this announcement shall have the same meanings as those defined in the prospectus dated 28 December 2006 (the “Prospectus”) issued by Tai-I International Holdings Limited (the “Company”).

This announcement is made pursuant to the requirement under Section 9(2) of the Securities and Futures (Price Stabilising) Rules (Cap. 571W of the Laws of Hong Kong).

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The Company announces that the Stabilising Period in connection with the Share Offer ended on 1 February 2007. The Company has been advised by Polaris Capital as the stabilising manager on behalf of the Placing Underwriters that the stabilising action (in compliance with the Securities and Futures (Price Stabilising) Rules) undertaken during the Stabilising Period were (i) over-allocations of 22,500,000 Shares made in the Placing; and (ii) the purchase of 22,500,000 Shares in the secondary market in a price range of between HK$1.59 and HK$1.66 per Share by Polaris Capital as the stabilising manager on behalf of the Placing Underwriters. The last purchase in connection with the stabilising action in respect of 82,000 Shares was made on 12 January 2007 at HK$1.61 per Share.

Further, the Over-allotment Option in respect of 22,500,000 new Shares had not been exercised and lapsed on 27 January 2007.

By Order of the Board Tai-I International Holdings Limited Huang Cheng-Roang Chairman & Executive Director

Guangzhou, the PRC, 1 February 2007

As at the date of this announcement, (a) the executive Directors are Mr. Huang Cheng-Roang (alias Vincent Huang), Mr. Lin Chi-Ta, Mr. Huang Kuo-Feng and Mr. Du Chi-Ting; and (b) the independent non-executive Directors are Mr. Kang Jung-Pao, Mr. Cheng Yang-Yi, Mr. Tsay Yang-Tzong, Mr. Yan Minghe and Mr. Atsushi Kanayama.

Please also refer to the published version of this announcement in The Standard / Sing Tao Daily.

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