hmvod Limited — Board/Management Information 2004

Nov 2, 2004

This announcement, for which the directors of the Company (the "Directors") 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, 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)

APPOINTMENT OF EXECUTIVE DIRECTOR

The Board announces the appointment of Ms. Li as an executive director of the Company and its subsidiaries with effect from 1 November 2004.

The board of directors (the “Board”) of Tai Shing International (Holdings) Limited (the “Company” announces the appointment of Ms. Li Wenli ("Ms. Li") as an executive director of the Company and its subsidiaries (the “Group”) with effect from 1 November 2004.

Ms. Li, aged 33, is graduated from Hebei University of Technology with a bachelor degree in computer science and engineering and holds a master degree in economics with Peking University. Prior to joining the Group, Ms. Li held senior positions with companies listed in The Shanghai Stock Exchange. Currently, she is appointed by Beijing Tongfang Electronic Science & Technology Co., Ltd. as vice general manager.

Ms. Li does not have and is not deemed to have any relationship with any directors, senior management, management shareholders, substantial shareholders or controlling shareholders of the Company, other than her directorship position. As at the date hereof, Ms. Li does not have any interest in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). Ms. Li did not hold any directorship nor had any other major appointment in other listed companies in Hong Kong or elsewhere in the past three years and did not hold any other position within the Group.

Ms. Li has entered into a service contract with the Company for an initial term of one year which shall continue thereafter, subject to the termination provisions thereunder

* for identification purpose only

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and the rotation and re-election requirements under the articles of associations of the Company. She is entitled under her service contract to receive a director’s fee of HK$30,000.00 per annum, which is determined by the Board after arm’s length negotiation with reference to prevailing market condition and no other benefit will be provided to Ms. Li for her directorship in the Company.

The Board would like to extend its warmest welcome to Ms. Li for joining the Group.

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

Hong Kong, 2 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 nonexecutive 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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