hmvod Limited — Board/Management Information 2010

Nov 19, 2010

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)

(1) RESIGNATION OF EXECUTIVE DIRECTOR AND INDEPENDENT NON-EXECUTIVE DIRECTOR; AND (2) CHANGES TO THE COMPOSITION OF THE AUDIT COMMITTEE AND THE REMUNERATION COMMITTEE OF THE COMPANY

The Board announces that (i) Ms. Li Wenli has tendered her resignation as an executive Director; and (ii) Professor Ip Ho Shing, Horace has tendered his resignation as an independent non-executive Director with effect from 18 November 2010.

RESIGNATION OF EXECUTIVE DIRECTOR AND INDEPENDENT NON-EXECUTIVE DIRECTOR

The board (“ Board ”) of directors (“ Directors ”) of Tai Shing International (Holdings) Limited (“ Company ”) announces that Ms. Li Wenli (“ Ms. Li ”) had tendered her resignation as an executive Director with effect from 18 November 2010 due to her other personal commitments which require more of her time.

The Board also announces that Professor Ip Ho Shing, Horace (“ Professor Ip ”) had tendered his resignation as an independent non-executive Director with effect from 18 November 2010 due to his other personal commitments which require more of his time.

Each of Ms. Li and Professor Ip has confirmed that she or, as the case maybe, he does not have any disagreement with the Board and there are no matters relating to her or, as the case maybe, his resignation which need to be brought to the attention of the shareholders of the Company.

The Board would like to extend its gratitude to Ms. Li and Professor Ip for their invaluable efforts and contributions to the Company during their respective terms of tenure.

CHANGES TO THE COMPOSITION OF THE AUDIT COMMITTEE AND THE REMUNERATION COMMITTEE OF THE COMPANY

The Board announces that with effect from 18 November 2010, Professor Ip ceased to be a member of the audit committee (“ Audit Committee ”) and a member and the chairman of the remuneration committee (“ Remuneration Committee ”) of the Company.

* For identification purpose only

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With effect from 18 November 2010, the Audit Committee comprised three independent non-executive Directors, namely (i) Mr. Tang Sze Lok (“ Mr. Tang ”) as chairman; (ii) Mr. Yan Yonghong; and (iii) Mr. Lee Kwok Yung (“ Mr. Lee ”). The Remuneration Committee comprised two independent non-executive Directors, namely Mr. Lee as the chairman and Mr. Tang.

By order of the Board Tai Shing International (Holdings) Limited Wong Chung Wai, Eric Director

Hong Kong, 19 November 2010

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

Executive Directors:

Mr. Wong Chung Wai, Eric (Chairman) Mr. Chan Yun Sang Mr. Ng Chi Wing

Non-executive Director:

Dr. Pan Jin

Independent non-executive Directors:

Mr. Yan Yonghong Mr. Tang Sze Lok Mr. Lee Kwok Yung

This announcement, for which 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 (“GEM”) 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 the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

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

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