Galaxy Entertainment Group Limited — Proxy Solicitation & Information Statement 2007

Oct 30, 2007

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(incorporated in Hong Kong with limited liability)

(Stock Code: 0017)

Proxy Form for use at the Annual General Meeting (or at any adjournment thereof)

I/We[(note][1)]

of

being the registered holder(s) of[(note][2)] Company, HEREBY APPOINT the Chairman of the meeting or[(note][3)] of

shares of HK$1.00 each in the capital of the

as my/our proxy to act for me/us at the Annual General Meeting (or at any adjournment thereof) of the Company to be held at Meeting Room 301B (New Wing), Hong Kong Convention & Exhibition Centre, 1 Expo Drive, Wanchai, Hong Kong on Tuesday, 27 November 2007 at 11:15 a.m. for the purpose of considering and, if thought fit, passing the resolutions as set out in the notice convening the said meeting and at such meeting (or at any adjournment thereof) to vote for me/us and in my/our name(s) in respect of the said resolutions as hereunder indicated or, if no such indication is given, as my/our proxy thinks fit.

		FOR(note 4)	AGAINST(note 4)
1.	To consider and adopt the audited Statement of Accounts and the Reports of Directors andAuditors for the year ended 30 June 2007.
2.	To declare a final dividend.
3.	(i)To re-elect Mr. Cheng Chi-Kong, Adrian as director.
	(ii)To re-elect Mr. Cheng Yue-Pui as director.
	(iii)To re-elect Mr. Chow Kwai-Cheung as director.
	(iv)To re-elect Mr. Ho Hau-Hay, Hamilton as director.
	(v)To re-elect Mr. Liang Cheung-Biu, Thomas as director.
	(vi)To re-elect Mr. Lee Luen-Wai, John as director.
	(vii)To authorise the Board of Directors to fix the remuneration of Directors.
4.	Tore-appointJointAuditorsandauthorisetheBoardofDirectorstofixtheirremuneration.
5.	Ordinary Resolution in Item No. 5 of the Notice of Annual General Meeting. (To approvea general mandate to the Directors to repurchase shares not exceeding 10% of the existingissued share capital)
6.	Ordinary Resolution in Item No. 6 of the Notice of Annual General Meeting. (To approvea general mandate to the Directors to issue shares not exceeding 20% of the existingissued share capital)
7.	Ordinary Resolution in Item No. 7 of the Notice of Annual General Meeting. (To extendthe general mandate to be given to the Directors to issue shares by the addition thereto theshares repurchased by the Company)
8.	Ordinary Resolution in Item No. 8 of the Notice of Annual General Meeting. (To approvethe share option scheme of New World Department Store China Limited)

1. Ordinary Resolution in Item No. 6 of the Notice of Annual General Meeting. (To approve a general mandate to the Directors to issue shares not exceeding 20% of the existing issued share capital)

2. Ordinary Resolution in Item No. 7 of the Notice of Annual General Meeting. (To extend the general mandate to be given to the Directors to issue shares by the addition thereto the shares repurchased by the Company)

3. Ordinary Resolution in Item No. 8 of the Notice of Annual General Meeting. (To approve the share option scheme of New World Department Store China Limited)

Dated:

2007 Signature(s)[(note][5)]

Notes:

1. Full name(s) and address(es) to be inserted in BLOCK LETTERS.

2. Please insert the number of shares of HK$1.00 each registered in your name(s). If no number is inserted, this form of proxy will be deemed to relate to all the shares of the Company registered in your name(s).

3. If any proxy other than the Chairman of the meeting is preferred, strike out the words ‘‘the Chairman of the meeting or’’ and insert the name and address of proxy desired in the space provided. ANY ALTERATION MADE TO THIS PROXY FORM MUST BE INITIALLED BY THE PERSON WHO SIGNS IT.

4. IMPORTANT: IF YOU WISH TO VOTE FOR A RESOLUTION, PLEASE TICK IN THE BOX MARKED ‘‘FOR’’. IF YOU WISH TO VOTE AGAINST A RESOLUTION, PLEASE TICK IN THE BOX MARKED ‘‘AGAINST’’. Failure to complete the boxes 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.

5. This proxy form 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.

6. Inpowerorderor toauthority,be valid,mustthisbeproxydepositedform, attogetherthe registeredwith theofficepowerof oftheattorneyCompany,or 30thotherFloor,authority,NewifWorldany, underTower,which18 Queenit is’ssignedRoad orCentral,a notariallyHong Kongcertifiednot copyless thanof that48 hours before the time appointed for holding the meeting (or the adjourned meeting as the case may be).

7. 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; but if more than one of the joint holders be present at the meeting personally or by proxy, that one of the said persons so present whose name stands first on the register of members in respect of the relevant share will alone be entitled to vote in respect thereof.

8. Any member of the Company entitled to attend and vote at the meeting is entitled to appoint one or more proxies to attend and, on a poll, vote instead of him. The proxy need not be a member of the Company but must attend the meeting in person to represent you.

9. Completion and deposit of the proxy form will not preclude you from attending and voting at the meeting if you so wish.