hmvod Limited — Board/Management Information 2002

May 27, 2002

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 and liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement, for which the directors of the Company collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited for the purpose of giving information with regard to the Company. The directors of the Company, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief: (1) the information contained in this announcement is accurate and complete in all material respects and not misleading; (2) there are no other matters the omission of which would make any statement in this announcement misleading; and (3) all opinions expressed in this announcement have been arrived at after due and careful consideration and are founded on bases and assumptions that are fair and reasonable.

Systek Information Technology (Holdings) Limited

訊 泰 科 技（控 股）有 限 公 司 *

(incorporated in the Cayman Islands with limited liability)

CHANGE OF THE MEMBERS OF THE BOARD OF DIRECTORS

AND AUDIT COMMITTEE

The board of directors (the “Board”) of Systek Information Technology (Holdings) Limited (the “Company”) announces that Dr. Leininger, William Joseph has resigned as an independent non-executive director and as a member of the audit committee of the Company with effect from 27 May 2002. The Board would like to take this opportunity to thank Dr. Leininger, William Joseph for his contributions to the Company during his tenure in office.

The Board further announces that Mr. Ching, David Tai Ming was appointed as an independent non-executive director and as a member of the audit committee of the Company with effect from 27 May 2002. Accordingly, Mr. Ching, David Tai Ming retired from the Company as a non-executive director.

The Board is also pleased to announce that Mr. Lam, Andy Ching Ho and Mr. Wu, Francis Man Hong have been appointed as additional executive directors of the Company; and Mr. Lo Chun Shing has been appointed as an alternate executive director to Mr. Lam, Andy Ching Ho with effect from 27 May 2002.

By Order of the Board

To, Christine Chiwun Caritas

Company Secretary

Hong Kong, 27 May 2002

This announcement will remain on the GEM website www.hkgem.com on the “Latest Company Announcements” page for at least 7 days from the day of its posting and on the website of the Company at www.systekit.com.hk.

* for identification purpose only