Greentech Technology International Limited — Proxy Solicitation & Information Statement 2010

Mar 1, 2010

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VITAR INTERNATIONAL HOLDINGS LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 195)

Form of Proxy for use at the Extraordinary General Meeting to be convened on Thursday, 18 March 2010 at 10:00 a.m. (the “EGM”) (or any adjournment thereof)

I/We [(Note][1)] of being the registered holder(s) of [(Note][2)] shares of HK$0.005 each (the “ Share ”) in the capital of Vitar International Holdings Limited (the “ Company ”), hereby appoint the chairman of the EGM or [(Note][3)] of as my/our proxy [(Note][4)] to act for me/us at the EGM (and at any adjournment thereof) of the Company to be held at Unit 7, 26/F., Greenfield Town, Concordia Plaza, 1 Science Museum Road, Tsim Sha Tsui, Kowloon, Hong Kong on Thursday, 18 March 2010 at 10:00 a.m. for the purpose of considering and, if thought fit, passing the resolutions set forth in the notice convening the EGM and at the EGM, and at any adjournment thereof, to vote for me/us in my/our name(s) as indicated below in respect of such resolution and, if no such indication is given, as my/our proxy thinks fit.

vote for me/us in my/our name(s) as indicated below in respect of such resolution and, if no such indication is given,	vote for me/us in my/our name(s) as indicated below in respect of such resolution and, if no such indication is given,	vote for me/us in my/our name(s) as indicated below in respect of such resolution and, if no such indication is given,	vote for me/us in my/our name(s) as indicated below in respect of such resolution and, if no such indication is given,
ORDINARY RESOLUTIONS FOR (Note 5)
(a) To approve the sale of the First Property, the Second Property, the Third Property and the Fourth Property (as defined in the notice of the EGM) by Vitar Insulation Manufacturers Limited (“Vitar Insulation”), a wholly-owned subsidiary of the Company, to the respective purchasers;
(b) To approve, ratify and confirm the framework agreement (the “First Framework Agreement”) dated 9 February 2010 entered into between New Ocean (China) Limited (“New Ocean”) and Vitar Insulation;
(c) To approve, ratify and confirm the framework agreement (the “Second Framework Agreement”) dated 9 February 2010 entered into between Grandeur (China) Limited (“Grandeur China”) and Vitar Insulation;
(d) To approve, ratify and confirm the framework agreement (the “Third Framework Agreement”) dated 9 February 2010 entered into between Joy Success Corporation Limited (“Joy Success”) and Vitar Insulation;
(e) To approve, ratify and confirm the framework agreement (the “Fourth Framework Agreement”) dated 9 February 2010 entered into between Major Business Limited (“Major Business”) and Vitar Insulation; and
(f) To authorize and approve any one director of the Company (the “Directors”), or any two Directors if the affixation of the common seal is necessary to take all actions and to sign, execute and deliver all such agreements, instruments and deeds in their opinion that are necessary and appropriate to implement and/or give effect to the terms and all transactions contemplated under the First Framework Agreement, the Second Framework Agreement, the Third Framework Agreement and the Fourth Framework Agreement (including the entering into of the Definitive Documents (as defined in the circular of the Company dated 2 March 2010) and to agree such variations, amendments or waivers thereof as are, in the opinion of such Director, in the interests of the Company.
Signed this	day of	2010. Shareholder’s signature (Notes 7&8):

Notes:

1. Full name(s) and address(es) to be inserted in BLOCK CAPITALS. The names of all joint holders should be stated.

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 such Shares registered in your name(s).

3. Please 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. If no name is inserted, the duly appointed Chairman of the EGM will set as your proxy.

4. A proxy need not be the Chairman of the EGM. If you wish to appoint some person other than the Chairman of the EGM as your proxy, please delete the words “the Chairman of the EGM or” and insert the name and address of the person appointed proxy in the space provided.

5. IMPORTANT: If you wish to vote for or against the resolution, please place a “ ” in the box marked “FOR” or the box marked “AGAINST” as appropriate. Failure to complete a box will entitle your proxy to cast your vote(s) or abstain at his discretion. Your proxy will also be entitled to vote or abstain at his discretion on any resolution properly put to the EGM other than that referred to in the notice convening the EGM.

6. The full text of these resolutions appear in the notice of the EGM dated 2 March 2010.

7. 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 seal or under the hand of an officer or attorney duly authorised to sign the same.

8. Where there are joint registered holders of any Share, any one of such joint holders may vote at the EGM, either in person or by proxy, in respect of such Shares as if he were solely entitled thereto, but if more than one of such joint holders are present at the EGM in person or by proxy, then one of the said persons so present whose name stands first on the register of members in respect of such Shares shall alone be entitled to vote in respect thereof.

9. A proxy need not be a member of the Company.

10. In order to be valid, this form of proxy and the power of attorney or other authority, if any, under which it is signed or a certified copy of such power of attorney or authority, must be deposited at the transfer office of the Company’s Hong Kong share registrar, Tricor Investor Services Limited, at 26th Floor, Tesbury Centre, 28 Queen’s Road East, Wanchai, Hong Kong, as soon as possible but in any event not less than 48 hours before the time appointed for the holding of the EGM or any adjournment thereof. Completion and return of this form of proxy will not preclude you from attending and voting in person at the EGM or any adjournment thereof should you so wish.