hmvod Limited — Board/Management Information 2009

Feb 4, 2009

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

**Tai Shing International (Holdings) Limited *** 泰盛國際（控股）有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8103)

RESIGNATION AND APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The board of directors (the “Board”) of Tai Shing International (Holdings) Limited (the “Company”) announces that Mr. Chung Shui Ming, Timpson (“Mr. Chung”) has resigned as an independent non-executive director, chairman of the Audit Committee and a member of the Remuneration Committee of the Company with effect from 4 February 2009 because he would like to devote more time to his personal businesses. Mr. Chung has confirmed that there is no disagreement with the Board and there are not any other matters that need to be brought to the attention of the shareholders of the Company.

The Board further announces that Mr. Tang Sze Lok (“Mr. Tang”) has been appointed as an independent nonexecutive director, chairman of the Audit Committee and a member of the Remuneration Committee of the Company with effect from 4 February 2009.

Mr. Tang, aged 38, holds a Business Administration degree and is a fellow member of Hong Kong Institute of Certified Public Accountants and the Association of Chartered Certified Accountants. He has over 14 years’ experience in auditing, financial accounting and implementation of internal, financial, operational and compliance control and financial reporting system. He also has experience in mergers and acquisitions and financial due diligence review.

As at the date of this announcement, Mr. Tang does not have any interests in the shares of the Company within the meaning of Part XV of the Securities and Future Ordinance (Chapter 571 of the Laws of Hong Kong), nor does he have any relationships with any other directors, senior management, substantial or controlling shareholders of the Company.

Pursuant to a letter of appointment entered into between the Company and Mr. Tang, the appointment of Mr. Tang is for a term of one year and such appointment will be subject to retirement by rotation and reelection at the annual general meeting in accordance with the Bye-Laws of the Company. Mr. Tang is entitled to a director’s fee of HK$30,000 per annum which is determined with reference to his duties and responsibilities as well as the Company’s remuneration policy.

Save as disclosed above, the Board is not aware of any other matters relating to the appointment of Mr. Tang that need to be brought to the attention of the shareholders of the Company.

* for identification purpose only

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The Board expresses its sincerest gratitude to Mr. Chung for his valuable contribution to the Company during the tenure of office and its warmest welcome to Mr. Tang joining the Board.

For and on behalf of the board of Tai Shing International (Holdings) Limited Ho Cho Hang Executive Director

Hong Kong, 4 February 2009

As at the date of this announcement, the Board comprises the following directors:

Executive directors:

Mr. Ho Cho Hang Ms. Li Wenli

Non-executive director:

Mr. Luk Yat Hung (Chairman)

Independent non-executive director:

Mr. Chung Shui Ming, Timpson Professor Ip Ho Shing, Horace Mr. Yan Yonghong Mr. Peng Lijun

This announcement, for which the directors of the Company (the “Directors”) collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules 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: (i) the information contained in this announcement is accurate and complete in all material respects and not misleading; (ii) there are no other matters the omission of which would make any statement in this announcement misleading; and (iii) 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.

This announcement will remain on the Stock Exchange of Hong Kong Limited’s website at http://www.hkexnews.hk on the “Latest Company Announcements” page for at least 7 days from the date of its publication.

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