hmvod Limited — Board/Management Information 2004

Nov 8, 2004

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 (the "Stock Exchange") for the purpose of giving information with regard to the Company. The Directors, 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.

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TAI SHING INTERNATIONAL (HOLDINGS) LIMITED ����(��)���� *

(incorporated in the Cayman Islands with limited liability) (Stock Code: 8103)

RESIGNATION OF EXECUTIVE DIRECTOR AND CHANGE OF AUTHORISED REPRESENTATIVE

The Board announces that Mr. Ho Cho Hang will resign as the executive director and authorised representative of the Company with effect from 9 November 2004. Mr. Young Wai Ching will replace Mr. Ho Cho Hang to act as the authorised representative of the Company with effect from 9 November 2004.

The board of directors (the “Board”) of Tai Shing International (Holdings) Limited (the “Company”) announces that Mr. Ho Cho Hang ("Mr. Ho") will resign as the executive director and authorised representative of the Company with effect from 9 November 2004 to pursue other career development. Mr. Ho confirmed that there were no disagreement with the Board and no other matters which considered necessary to be brought to the attention of the Stock Exchange or the shareholders of the Company in relation to his resignation.

The Board also announces that following the resignation of Mr. Ho as the authorised representative of the Company, Mr. Young Wai Ching, company secretary of the Company, will replace Mr. Ho to act as the authorised representative of the Company with effect from 9 November 2004.

The Board would like to take this occasion to thank Mr. Ho for his contribution to the Company during his term of service with the Company.

* for identification purpose only

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By Order of the Board Tai Shing International (Holdings) Limited Luk Yat Hung Chairman

Hong Kong, 8 November 2004

As of the date hereof, Mr. Luk Yat Hung (Chairman), Mr. Ho Cho Hang and Ms. Li Wenli are the executive directors of the Company; and Mr. Chung Shui Ming Timpson, Professor Ip Ho Shing Horace and Mr. Yan Yonghong are the independent non-executive directors of the Company.

The announcement will remain on the GEM website at www.hkgem.com at the “Latest Company Announcements” page for at least 7 days from the date of its publication and on the website of the Company at www.taishingintl.com.

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